FinTech Developments To be Discussed in Bahrain’s Insurance Forum

One of the topics discussed in the upcoming 13th Annual Middle East Insurance Forum (MEIF 2017) taking place on February 20 and 21 is the development of financial technology services in the region, according to Trade Arabia News Service.

Khalid Al Rumaihi, Chief Executive of Bahrain’s Economic Development Board, will address participants at MEIF’s opening session, as part of the EDB’s efforts to support sectors with the biggest contributions to the growth of Bahrain’s economy such as financial services. The financial services sector is now the second largest contributor to the GDP of Bahrain.
The forum is expected to attract participation from more than 400 global and regional insurance and takaful leaders and experts. This includes high level dignitaries, central bank representatives, economists, thought leaders, researchers and academics.

Other topics discussed in the two-day event include: industry consolidation through mergers and acquisitions; the role of insurance companies in current Health Services reforms; challenges facing the Takaful industry; the implication of the introduction of VAT in the regional markets

Nominations are now open to all insurance players servicing the GCC, Mena and Levant regions and with minimum banking assets of $15 million. Submissions will be accepted until February 5.

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