Maxis GBN adds to its network in Tunisia

Comar Tunisia, which provides medical, life, accident and disability coverage. has become the latest local insurance provider to join the Maxis Global Benefits Network (Maxis GBN).

Comar will provide policies to Maxis GBN clients in Tunisia, which can be reinsured and included in the multinational’s global employee benefits programme. The insurer is developing a number of innovative projects to improve its products and services, including an international health insurance offering for multinationals, a third-party administration system to streamline administration and reporting and an online customer centre giving customers real time information.

The Maxis network has almost 140 local member insurers, covering over 120 countries worldwide, including 15 in Africa.

Comar was founded in 1969 by Tunisian and foreign private investors and is owned by a financial private holding, Al Amen Group. It has a 9.2 percent market share in Tunisia, making it the second largest company in the Tunisian insurance sector, Maxis GBN said.

Hakim Ben Yedder, CEO of Comar, said: “We believe the employee benefits market will continue to grow in Tunisia and are confident that being part of the Maxis network will help us grow our position and reputation in Tunisia, while still developing innovative products and solutions for all our customers.”

Matthew Richards, director of member management at Maxis GBN, said: “Partnering with local insurers like Comar means we can offer high quality solutions for our multinational clients at a local level and we’re looking forward to working with more insurers and entering other new markets as the network continues to grow.”