Years of experience
Protection Insurance Services (PIS) was established in the year 1996, focusing on Bahrain market by providing its clients with innovative and professional insurance products, solutions and risk management services.
By 2007 PIS expanded its operations to place REINSURANCE in the Gulf Region, slowing expanded to MENA (Middle East and North Africa) region by providing risk transfer and placement solution with new reinsurance products to a large number of Insurance Companies in this region.
By 2013 PIS created its specialty reinsurance wing called as “PROTECTION RE” exclusively to focus on global reinsurance broking services. As of 2015 PROTECTION RE is providing comprehensive reinsurance services to more than 500 clients across the region of MENA, parts of AFRICA, Indian Subcontinent and ASIA (Far East and South East Asia). Currently in the process of expanding the footprints to Europe and CIS counties.
Our solid market experience puts us in a very strong position to offer the below to our privileged clients:
- Insurance and Reinsurance Consultancy and Advisory Services
- Facultative and Treaty Programs
- Auto-Fac Programs
- Risk Management Services
- ART (Alternative Risk Solutions)
- Captive Insurance Advisory
- Designing Unique and Specialized Insurance Programs
To be the most Trusted Reinsurance broker to markets where we operate in. Reputation, Responsibility and Transparency to be our most valued assets..
To develop lasting client relationships by providing exceptional service in an environment of Trust and Respect.
- Property & Engineering
- Oil & Energy
- Marine – Hull and Cargo
- Financial Lines
- Casualty Lines
- Aviation – Hull and Cargo
- Life and Accident
- War & Terrorism
- Specialty Lines
- Proportional and non-proportional/ Quota share and Surplus
- Stop Loss
- Structured treaty solutions
We have expert panel of team for providing solutions for:
- Pricing & Quotations
- Technical Accounting
- Slips & Wordings
The insurance industry has been transformed by rising costs and reduced capacity. This challenging market has led many companies to move away from traditional insurance solutions in search of alternative strategies to help them better manage their risks. Alternative Risk Transfer (ART) solutions could be an important part of any company's overall risk management strategy.
Instead of the traditional method of trading dollars with an insurance company, ART can be a method of funding for and managing your own risk. There is a significant potential for long-term savings through risk management and loss control system. A captive program, for instance, is performance-driven, with potential for profit return. You can avoid the dramatic rate swings in the traditional insurance market place by creating a stable, predictable, efficient program. Your loss fund dollars can be invested for additional income and you need only purchase insurance for catastrophic losses.
This should not be viewed as a short-term solution - this is a fundamental change in the way you manage your risk. It requires a commitment of time. Properly done, there can be short- and long-term benefits.
Our clients value us, because they know we understand the various markets and market conditions and we help our clients to be prepared for almost any unforeseen hazard/catastrophes and our qualified professional team ensure to provide the right type of cover to our clients which is cost effective. Also our team continuously look to add value to the existing risk management solutions of our clients.
Protection Re’s unique strength is the un-parallel expertise of our team in handling complex claims on behalf of our various clients. This extends to in depth knowledge and skill in legal remedies including arbitration which has become inevitable in the current contemporary business environment.
We assist our clients with recommending loss adjusters and negotiating in the best interest of all parties and controlling the collection process. We strive to make the process of settlement as smooth as possible.
Irene GeorgeBroker Facultative
Stephen NunisTechnical Accounts Officer
Julius CatalanBroker Facultative
Sruthy JayanthBroker Facultative
Aswathy PremanandanAssistant Broker
Micah JomikeAssistant Broker
Botnizkelly TabetanyiAssistant Broker
Steve WilsonClient Relations
Shahul FarooqClient Relations
Tharindu NiwanthaClient Relations
Zahirul HaqueClient Relations