MAXIS GBN

Find out about our new network member in Tunisia

COMAR Tunisia has become the latest local insurance provider to become a member of MAXIS Global Benefits Network (MAXIS GBN). The addition of COMAR means MAXIS GBN now has a member insurance firm to provide medical, life, accident and disability coverage to multinational clients in Tunisia. In total, the MAXIS network has almost 140 local member insurers, covering over 120 countries worldwide, including 15 in Africa. The policies provided by COMAR to MAXIS GBN clients can be reinsured and included in the multinational’s global employee benefits programme.

COMAR was founded in 1969 by Tunisian and foreign private investors and is owned by a financial private holding, Al Amen Group. COMAR is one of the leading insurers in Tunisia, with 9.2% market share, making it the second largest company in the Tunisian insurance sector.1 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.

Hakim Ben Yedder, CEO, COMAR, said: “We are delighted that COMAR is now a part of MAXIS’ global network. 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, MAXIS GBN, said: “We are really pleased to welcome COMAR to the MAXIS network. COMAR is one of the largest insurance firms in Tunisia and so allows us to offer medical coverage to large numbers of our clients in this exciting market. 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.” 

 

 

For media enquiries please contact 

Charlotte Pascal / Hugh Fasken

Citigate Dewe Rogerson / +44 (0)20 7025 6400 / [email protected] 

 

This document has been prepared by MAXIS GBN and is for informational purposes only – it does not constitute advice.  MAXIS GBN has made every effort to ensure that the information contained in this document has been obtained from reliable sources but cannot guarantee accuracy or completeness. The information contained in this document may be subject to change at any time without notice.  Any reliance you place on this information is therefore strictly at your own risk. 
About MAXIS GBN
MAXIS Global Benefits Network (MAXIS GBN), co-founded by MetLife and AXA in 1998 is one of the leading international employee benefits networks providing global service capabilities and delivering world-class employee benefits perspectives and solutions to clients in over 120 markets around the world. In February 2016, MetLife and AXA further strengthened their relationship by combining all of its MAXIS GBN existing operations under a joint venture company. This transformation helps leverage the existing strength of the network and its two parent companies while further enhancing the client experience, focusing on product innovation and providing data analytics. For more information, please visit www.maxis-gbn.com
The MAXIS Global Benefits Network (“Network”) is a network of locally licensed MAXIS member insurance companies (“Members”) founded by AXA France Vie, Paris, France (AXA) and Metropolitan Life Insurance Company, New York, NY (MLIC). MAXIS GBN, registered with ORIAS under number 16000513, and with its registered office at 313, Terrasses de l’Arche – 92 727 Nanterre Cedex, France, is an insurance and reinsurance intermediary that promotes the Network. MAXIS GBN is jointly owned by affiliates of AXA and MLIC and does not issue policies or provide insurance; such activities are carried out by the Members. MAXIS GBN operates in the UK through UK establishment with its registered address at 1st Floor, The Monument Building, 11 Monument Street, London EC3R 8AF, Establishment Number BR018216 and in other European countries on a services basis. MAXIS GBN operates in the U.S. through MetLife Insurance Brokerage, Inc., with its address at 1095 Avenue of the Americas, NY, NY, 10036, a NY licensed insurance broker. MLIC is the only Member licensed to transact insurance business in NY. The other Members are not licensed or authorised to do business in NY and the policies and contracts they issue have not been approved by the NY Superintendent of Financial Services, are not protected by the NY state guaranty fund, and are not subject to all of the laws of NY. 
 

1COMAR Tunisia, September 2019, COMAR MAXIS Presentation, PowerPoint Presentation, COMAR Tunisia, Tunis