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Bahrain-based Solidarity Group, a member of the Ithmaar Group, was named Takaful Operator of the Year at the Gulf Insurance Awards Ceremony in Dubai.
The awards, which are hosted by Gulf Insurance Review magazine, are set to become an annual fixture in the region's insurance event calendar.
The award, according to organisers, recognises Solidarity's commitment to its customers, as well at the company's innovation and quality in its product offering, its strong financial performance in its core insurance business and its success in building a solid platform for further growth.
"We are delighted to have been named Takaful Operator of the Year," said Solidarity deputy chief executive, Ashraf Bseisu.
"The award serves to further reinforce our long-standing commitment to our customers, to whom we owe this award in the first place," he said.
"It is reflection of the high level of recognition that Solidarity has attained, amongst both its peers and its clients," said Bseisu, "and the fact that we have been singled out for the award is something we can be proud of".
