BKIC introduces online distancebased motor insurance

TDT | Manama                                                      

The Daily Tribune – www.newsofbahrain.com

Bahrain Kuwait Insurance Company (BKIC), a leading provider of innovative insurance solutions, announced the launch of its first distance-based motor insurance service.

The new cashback motor insurance service rewards drivers with up to 20% cashback based on the distance they drive.

BKIC said its new service revolutionizes the traditional insurance model by incentivizing responsible driving habits.

The less customers drive, the higher their cashback rewards will be. BKIC also commits to allocate a portion of premiums paid for this service towards planting trees in the Kingdom of Bahrain The cashback rewards programme operates on a simple principle, the less distance customers drive during the policy duration, the more cashback they earn.

In addition to the financial benefits, the service has a positive impact on the environment.

By reducing the number of kilometers driven, it helps reduce carbon emissions, resulting in cleaner air and a healthier planet.

“We are thrilled to introduce this online exclusive service, which represents a significant milestone in our commitment to customer care and environmental responsibility,” said Zuhair Salman, Head of Motor Underwriting at Bahrain Kuwait Insurance Company (BKIC).

“Every transaction is not just a purchase but a gateway to exclusive cashback rewards” “By providing financial incentives for driving less, we hope to encourage our customers to adopt more eco-friendly transportation options, reduce carbon emissions, and contribute to a cleaner and healthier environment.”said Zeyad Zainal, Chief Technology Officer and Chairman of the ESG Committee at BKIC.