Ace Insurance & Reinsurance Brokers Ltd., one of the leading insurance brokers in Saudi Arabia and the GCC, has secured the medical insurance program for Turkish construction giant Yuksel Insaat. Following a bidding process among insurers in the local market the policy was awarded to AXA Cooperative Insurance Company, a leading insurance company in Saudi Arabia and the world.
ACE Insurance & Reinsurance Brokers recently arranged the insurance cover for Yuksel projects at Prince Sultan Air Base in Al-Kharj and King Khaled Air Base in Khamis Mushayt, which are part of the F-15 modernization program for the Saudi Royal Air Force. ACE Insurance & Reinsurance Brokers also handles Yuksel’s general, motor and machinery insurance (CPM).
Yuksel was awarded the BRT (Bus Rapid Transit) project worth $1.9 billion ($506.6 million) for the Ar-Riyadh Development Authority.
The signing ceremony took place at Yuksel’s head office in Riyadh attended by Ahmet Halavuk, Yuksel president, and Osama Abu Ghazaleh, executive vice president, and Saud Al-Sadoun, business development manager, of ACE Insurance & Reinsurance Brokers Ltd.
ACE Insurance & Reinsurance Brokers recently arranged the insurance cover for Yuksel projects at Prince Sultan Air Base in Al-Kharj and King Khaled Air Base in Khamis Mushayt, which are part of the F-15 modernization program for the Saudi Royal Air Force. ACE Insurance & Reinsurance Brokers also handles Yuksel’s general, motor and machinery insurance (CPM).
Yuksel was awarded the BRT (Bus Rapid Transit) project worth $1.9 billion ($506.6 million) for the Ar-Riyadh Development Authority.
The signing ceremony took place at Yuksel’s head office in Riyadh attended by Ahmet Halavuk, Yuksel president, and Osama Abu Ghazaleh, executive vice president, and Saud Al-Sadoun, business development manager, of ACE Insurance & Reinsurance Brokers Ltd.
