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Libya Insurance and Global Brokerage Launch Loan Default Insurance and MyHealth Card
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فندق باب البحري
Tripoli, December 18, 2024 – A landmark event in Libya’s insurance sector took place at Tripoli Hall, Bab Al Bahr Hotel, where Libya Insurance Company, in partnership with Global Brokerage, hosted the official launch of the Loan Default Insurance Subscription Policy. This Takaful insurance product is designed to protect financial institutions from the risks of loan defaults. Additionally, the event unveiled MyHealth Card, a cutting-edge digital healthcare solution.
High-Profile Attendance Highlights the Event’s Significance
The ceremony welcomed key representatives from government institutions, public and private companies, and financial organizations, alongside Libya Insurance’s Board of Directors, Regulatory Authority, and Executive Management, underlining the importance of this milestone for Libya’s insurance landscape.
Innovative Solutions for a Stronger Market
In his speech, Mr. Milad Abdelmajid Qshouta, General Manager of Libya Insurance, emphasized that these new products align with the company’s strategic vision to enhance the Libyan market, ensure financial stability, and address customer needs with advanced insurance solutions.
Official Rollout in 2025
The event featured detailed presentations showcasing the benefits of the new products and how customers can take advantage of them. As of early 2025, Libya Insurance and Global Brokerage will officially launch these services, making them available to citizens and financial institutions, reinforcing their commitment to a robust and innovative Libyan insurance sector.
Tripoli, December 18, 2024 – A landmark event in Libya’s insurance sector took place at Tripoli Hall, Bab Al Bahr Hotel, where Libya Insurance Company, in partnership with Global Brokerage, hosted the official launch of the Loan Default Insurance Subscription Policy. This Takaful insurance product is designed to protect financial institutions from the risks of loan defaults. Additionally, the event unveiled MyHealth Card, a cutting-edge digital healthcare solution.
High-Profile Attendance Highlights the Event’s Significance
The ceremony welcomed key representatives from government institutions, public and private companies, and financial organizations, alongside Libya Insurance’s Board of Directors, Regulatory Authority, and Executive Management, underlining the importance of this milestone for Libya’s insurance landscape.
Innovative Solutions for a Stronger Market
In his speech, Mr. Milad Abdelmajid Qshouta, General Manager of Libya Insurance, emphasized that these new products align with the company’s strategic vision to enhance the Libyan market, ensure financial stability, and address customer needs with advanced insurance solutions.
Official Rollout in 2025
The event featured detailed presentations showcasing the benefits of the new products and how customers can take advantage of them. As of early 2025, Libya Insurance and Global Brokerage will officially launch these services, making them available to citizens and financial institutions, reinforcing their commitment to a robust and innovative Libyan insurance sector.
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