Nexus Financial Services’ Bahrain Expansion Picks up Pace

Nexus Financial Services’ Bahrain Expansion Picks up Pace 

Burgeoning Business and Local Recruitment Drive Prompts New Office Move

Manama, BAHRAIN

Nexus Financial Services, the Bahrain arm of one of the GCC’s largest independent insurance brokers, is moving to larger offices in the Seef District to welcome the expansion to a bigger market and initiate a recruitment drive.

Actively running since 2006, Nexus Financial Services is recognised as one of the largest and most proficient corporations of its sector in the country.

Able to tap into Nexus Group’s more than two decade experience across the GCC, the company offers consumers and business of every stripe a wide range of cover and products from Bahraini, regional and international insurance providers.

Emanuel Lantzos, the General Manager of Nexus Financial Services stated, “Bahrain is a significant market for Nexus, and we are delighted that our expansion and influence continues to spread,”

“We are moving our new offices to better service our customers, and to continue recruiting the best possible employees, including a particular focus on identifying and training talented Bahraini nationals.”

Earlier this year, Nexus Financial Services announced that it was improving its employment of Bahraini talent to boost the local financial services sector, as well as extend a set of necessary insurance-based products including education plan and retirement fund across the country.

The investment plans aim to provide Bahrainis better options, as it is certainly important to seek professional assistance from banks and independent insurance companies that offer solutions based on individual needs.

Nexus Group is the largest and one of the most respected independent financial organisations in the GCC region.

Following more than five years of consistent double-digit growth, the company recently announced at its AGM that it expects 2013 revenue to jump by an average of 25 per cent in terms of its fundamentals – life, investment, pension, and general insurance.

Nexus has announced its aim to penetrate through Saudi and Kuwaiti competitive markets which can further expand their operating locations— including Abu Dhabi, Beirut, Doha, Dubai, and Manama.

Adding up to its four consecutive wins in six years, Nexus Insurance Brokers scooped the coveted Personal Lines Insurance Broker of the Year title at the 2012 Insurex Awards.

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