Allianz Partners and Al Koot Insurance in Qatar
- 13 hours ago
- 1 min read
Allianz Partners, a world leader in insurance and assistance services, announced a new strategic reinsurance relationship with Al Koot Insurance, Qatar’s leading medical insurance provider.
From 1 November 2026, the Health line of Allianz Partners will transition its business in Qatar from a direct operating model to a reinsurance model, with Al Koot Insurance offering international private medical insurance (IPMI).
The reinsurance relationship will combine Allianz Partners’ global expertise with Al Koot Insurance’s local market knowledge and the state-of-the-art systems of Nextcare, Allianz Partner’s subsidiary in the MEA region. The collaboration will support both existing international business and Qatar’s growing domestic health insurance market, while demonstrating a shared commitment to sector development and regulatory readiness.
Speaking about the partnership, Okan Özdemir, Chief Officer for Health at Allianz Partners, said:
“This agreement supports our long-term strategy in Qatar and ensures we continue to provide a full and comprehensive service to our customers as the market evolves. Allianz Partners and Al Koot Insurance are committed to a smooth transition and uninterrupted service, providing high-quality health protection throughout.”
Ahmed Rafee Al-Emadi, Chief Executive Officer at Al Koot Insurance said:
“We are pleased to partner with Allianz Partners to expand health insurance offerings in Qatar. By combining our local expertise with Allianz Partners’ global experience, we will deliver IPMI solutions that are both globally aligned and locally compliant, while ensuring customers experience a seamless transition and continuity of service.”
