Al Sagr Cooperative Insurance Co. Announces Contract Sign Off with Maharah Human Resources Company

2022-09-21 16:02:56

Element ListExplanation
Introduction Al Sagr cooperative Insurance Company announces the receipt of the firm order of a medical insurance policy for Maharah Human Resources Company on 08 September 2022 to issue health insurance services policy for the Company employees and their families.
Date of Announcement of the Award 2022-09-08 Corresponding to 1444-02-12
Contract Subject Matter Medical policy
Date of Signing the Contract 2022-09-21 Corresponding to 1444-02-25
Contract Value The contract value exceeds 5% of the total written premiums according to the audited financial statements for the year 2021
Contract Details Provide health insurance services for the company employees and their families for one year starting from 28 September 2022.
Contract Duration For one year starting from 28 September 2022
Financial Impact and the Relevant Period The contract is expected to have a positive impact on the company's financial results for 2022.
Related Parties There are no related parties
Additional Information The company hereby confirms that no preferential treatment has been given in this contract and that it is within the normal business activity of the company.