This new digital platform allows users to compare insurance policies from top providers side by side and receive instant quotes for motor, home, and travel insurance. It marks a major step forward in making insurance easier and more transparent for consumers in Bahrain.
Currently, the platform offers insurance products through partnerships with major providers such as GIG Gulf, GIG Bahrain, and Solidarity. It is available through both the mobile app and the Mada Brokers website.
The launch was announced with support from the CBB, highlighting the platform as the first of its kind in Bahrain. It is designed to simplify the insurance-buying process by allowing users to compare multiple policies and choose the one that fits their needs best.
Khaled Fuad Kanoo, Chairman of Mada Insurance, said: “The launch of Mada’s digital platform is a major milestone for Bahrain. It provides a unified marketplace for users to compare and buy insurance in a simple and efficient way.”
He added, “Our mission is to grow Bahrain’s online insurance aggregator ecosystem, similar to how it has expanded globally. We want to give people the tools to make smart, confident decisions about their insurance.”
Mada’s broader offerings include corporate insurance solutions that protect businesses from risks like property damage, financial loss, theft, and employee-related issues. For individuals, personal insurance options cover losses from accidents, injuries, and property damage, offering peace of mind and financial security.
Looking ahead, Mada plans to expand its services by adding Medical Malpractice Insurance and Medical Insurance in the coming months. This move will further support the company’s goal of improving access to insurance products and meeting the needs of Bahrain’s growing and diverse customer base.
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