GlobeMed Egypt and Egyptian Life Takaful sign TPA deal

Source: Middle East Insurance Review | Feb 2017

GlobeMed Egypt and Egyptian Life Takaful Company, a member of Gulf Insurance Group (gig), have signed a Third Party Administration (TPA) Agreement. The deal will allow Egyptian Life Takaful to benefit from GlobeMed Egypt’s vast healthcare benefits management experience and technologies targeted to streamline and enhance the delivery of health services to insured members.

Commenting on this cooperation, Mr Jad Mouawad, General Manager of GlobeMed Egypt, said: “We welcome Egyptian Life Takaful on board. It was only natural for our companies to join forces. We believe that this new endeavour will bring forth new health services and solutions to the Egyptian market for the benefit of the insured members.”

The cooperation constitutes a strategic step for both companies, holding a great promise of success and progress in a highly competitive industry.

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