Manama-based Mada Brokers has launched the first insurance aggregator in Bahrain, the company announced in a statement.

The intiative, accompanied by the introduction of the mobile application, 'Shamil by MADA', allows clients to obtain instant quotations for a variety of insurance products including motor, home and travel insurance.

The aggregator underscores Mada’s commitment to harnessing technology to enhance customer experience and address the evolving needs of its clients in addition to the mobile application.

Mada chairman, Mr Khaled Fuad Kanoo, said, "The launch of Mada’s comprehensive digital application marks a major milestone in the Kingdom of Bahrain, as it introduces the first insurance aggregation platform of its kind. The platform serves as a unified marketplace that streamlines the insurance purchasing process—empowering users to compare multiple products and choose the option that best aligns with their needs."

Mr Kanoo added, "Our goal is to offer a user-friendly platform that equips consumers with the tools and knowledge necessary to make confident, informed decisions about their insurance coverage."

Mada Brokers currently offers three core insurance lines—motor, home, and travel—through strategic partnerships with the insurers GIG Gulf, GIG Bahrain, and Solidarity.

In addition, Mada provides a range of corporate insurance solutions against a spectrum of risks such as property damage, business interruption, operational incidents, financial losses, employee benefits, and theft. For individuals, Mada’s personal insurance lines cover losses arising from death, injury, or property damage.

As part of its expansion, Mada plans to introduce medical malpractice insurance and medical insurance in the coming months.