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Posted on Monday, December 31, 2012
MANAMA: 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 accommodate market expansion plans and ongoing recruitment drive.
Nexus Financial Services has been active in Bahrain since 2006, and has firmly established itself as one of the largest and most competent companies of its kind in the country.
Able to tap into Nexus Group’s more than two-decade experience across the GCC, the firm offers consumers and business of every stripe a wide range of cover and products from Bahraini, regional and international insurance providers.
“Bahrain is a significant market for Nexus and we are delighted that our expansion and influence continues to spread,” said general manager Emanuel Lantzos.
“We are moving to our new offices to better service our customers and continue recruiting the best possible employees, with a focus on identifying and training talented Bahrainis.”
Earlier this year, the firm announced that it was stepping up its recruitment of Bahraini talent to boost the local financial services sector and extend a suite of much-needed insurance-based investment products such as retirement funding and education fee planning across the kingdom.
The move is set to give Bahrainis better choice, as the current trend is to seek advice from banks and stand-alone insurance providers that often sell solutions not always tailored to individual needs.
Nexus Group is the largest and one of the most respected independent financial firms in the GCC. Following more than five years of double-digit growth, it recently announced at its AGM that it expects 2013 revenue to jump by an average of 25 per cent across its core businesses – life, investment, pension and general insurance.