Bupa Arabia…A Two Decade Success Story of Leadership in the Health Insurance sector
Jeddah, October 11 2017: As it enters its 20th year in the making, Bupa Arabia for cooperative insurance celebrated its incredible leadership in the health insurance field. This anniversary emphasizes the important strategic position of Bupa Arabia in the Saudi Arabian market as one of the most significant & creative companies.
Starting in 1997, Nazer Group and world renowned Bupa Global put their hands together to start Bupa Arabia. Through this strategic partnership, a successful healthcare journey took place serving an increasing base of companies across different industries in the Saudi Market.
Tal Nazer, Chief Executive Officer at Bupa Arabia, stated that: “We at Bupa Arabia proudly serve & assist more than 3 million members in the Kingdom. We would like to thank both our loyal customers who trust & believe in what we serve and our employees who exert every effort to maintain the company’s leading position.”
“We are always keen to be the best healthcare partner for our members through our vast potential & world-class expertise. Our focus lies in providing the highest levels of innovation in every service offered to our members,” Tal concluded.
As part of its efforts to be closer to its members, Bupa Arabia has developed many services & solutions to ensure the best health care services are presented.
In addition to health benefits of medical coverage, Bupa Arabia ensures that its members receive the best levels of healthcare through its innovative services & timeless medical approvals.
Bupa Arabia also leads with its premier Tebtom service that offers life touching health services including homebased-vaccinations & home-based lab tests. It also offer international services like telemedicine that enables members to chat with doctors in the U.S.. Bupa Arabia also offers it members a unique hassle free experience at hospitals through the Rahatakom program.
In 2008, 40% of the company shares were offered to the Saudi public in the most successful IPO ever to take place for a health insurance company in the Kingdom. The initial offering was covered by more than 900%.
Post the successful offering, Bupa Arabia continues working on steady steps with a clear vision to become one of the most successful health insurance companies in the Kingdom. Bupa Arabia also builds on the initial expertise of Bupa Global that has over 1.2 million healthcare centers in 190 countries and has an experience that extends for over 70 years.