Bapco Energies Enters Strategic Partnership with ACE Gallagher

Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, has signed a strategic agreement with ACE Gallagher, a leading insurance and risk consultant operating in the GCC and Artex Risk Solutions, the largest captive manager globally, both part of the wider Gallagher Group, to establish and manage a Captive Insurance Company tailored for Bapco Energies.

Bapco Energies sought proposals from five of the world’s leading captive managers. After a rigorous selection process overseen by the Bahrain Tender Board, ACE Gallagher was appointed as the lead captive manager after securing the highest combined technical and commercial score.