Souqalmal.com, the region’s leading personal finance comparison platform has officially launched operations in Bahrain. Not only was Souqalmal one of the first companies to be granted an e-broker license by the Central Bank of Bahrain (CBB) back in June, it has now become the first aggregator to introduce insurance comparison services in the country.
The company’s innovative car insurance comparison platform is now open to the residents of Bahrain. Following the resounding success it has achieved in the UAE, the car insurance comparison and purchase platform is sure to strike a chord with Bahrainis who are looking to save time, money and effort when buying car insurance, without compromising on quality.
Car owners can visit Souqalmal.com to compare car insurance quotes from multiple providers and review the coverage offered by each provider, before making a well-informed purchase. An unmatched level of transparency, side-by-side comparison of multiple products, quickly generated quotes, easy application process and secure online payments – Are sure to add the ‘Wow’ factor to an otherwise tedious car insurance purchase.
To truly deliver great value to customers, Souqalmal.com has currently partnered with six of the biggest and most credible insurance companies in Bahrain, with many others to come on-board soon.
According to Souqalmal.com Founder and CEO, Ambareen Musa: “At Souqalmal.com, we aim to provide our users with the best deals on car insurance from the most reliable providers. So it made perfect sense for us to partner with leading insurance companies that prioritize the same values as us – Customer focus, innovation, and service excellence.”
Souqalmal.com is also going one step further by bringing its widely popular financial education initiative to Bahrain. The team’s ongoing efforts in promoting financial awareness have made Souqalmal.com a trusted brand and household name in the region. With the launch in Bahrain, the aggregator is committed towards simplifying insurance and demystifying the jargon surrounding it.
Eventually, it is customers that stand to benefit from the introduction of insurance aggregation in Bahrain. Comparing all options before buying is undoubtedly the most effective and practical way to choose an insurance policy that suits one’s budget and specific requirements. It’s not just about seeing how a certain insurance product stacks up against its competitors in terms of premium, but also in terms of value, coverage and features.