MANAMA: Takaful International Company B.S.C. (Takaful), one of the region’s pioneering Islamic insurance companies, announced the launch of its new brand identity incorporating a revamped logo that reflects forward looking thinking following the GIG’s takeover of 80 per cent stake in the Company.
Progress towards integration into the Gulf Insurance Group (GIG) in 2015 and GIG’s completion of the process of acquiring a majority stake in Takaful, which has seen it emerge as the takaful arm of GIG.
The launch took place at The Ritz Carlton Bahrain in front of a select au-dience that included Abdul Rahman Mohammed Al Baker, Executive Director Financial Institutions Supervision, Central Bank of Bahrain; Jamal Al Hazeem, Chairman, Takaful International; Essam M. Al Ansari, Acting Chief Executive, Takaful International, member of the Board of Directors and senior members of Takaful and the GIG Group as well as other invited guests.
Work on the brand identity began soon after Takaful became a member of GIG, and the new look seeks to embody the powerful synergies that underpin the shared values and vision that exists between the organisations.
“Becoming a member of GIG Group has proved beneficial for us here at Takaful and for our clients and industry, providing us with the additional financial and technical support required to continue to build on our leadership in the takaful market. It has also marked the coming together of two respected names who have a common goal towards achieving excellence at all operational levels. The new identity encapsulates the values we share and brings the promise of greater things to come for our net-work and stakeholders as we continued to build, grow and stay true to our history and focus on delivering innovation,” Takaful’s Chairman, Jamal Al Hazeem said.