Gulf Electronic Management Systems W.L.L. (GEMS)

Gulf Electronic Management Systems W.L.L. (GEMS), the first TPA Company licensed in Bahrain, is a joint venture with: 60% holding by Gulf Union Insurance and Project Management Holdings Co BSC (closed) chaired by Mr. Abdul Aziz Jassim Kanoo, which is one of the top insurance conglomerates in the Arab world with over US $200 million consolidated gross premiums 15% holding by Gulf Union Insurance and Reinsurance Co. BSC (closed) chaired by Sheikh Ibrahim bin Hamad Al-Khalifa 25% holding by Focus Holdings (I) Pvt. Ltd. from India, a group whose business interests include TPA services GEMS is managed by its Chairman and Executive Director, Mr. Percy Albert Sequeira and is registered under the Ministry of Commerce and Industry, Kingdom of Bahrain with CR No. 59113 dated 27th December 2005. Over the past five years GEMS has successfully outsourced business from the Gulf Union Insurance Group and manages the back end of the Company's Medical Insurance portfolio handling over 240,000 lives in Bahrain and KSA. In addition, GEMS also operates the back end for Gulf Union's Motor Insurance and Workshop portfolio. Last year GEMS processed around 15,000 motor claims corresponding to 62,990 cars insured procuring BD 800,000 worth of parts in the process from a widespread network of spare parts suppliers in Bahrain and KSA. An increasingly competitive business environment drives companies to look at ways and means to reduce costs - GEMS offers a range of services that help companies achieve a competitive edge. GEMS SCOPE OF OPERATION Medical Claims Processing and Cost control for Insurance Companies and Self Funded Groups using web based proprietary software, qualified doctors and a team of proficient well trained processing executives Cashless Hospitalization Benefits at over 470 Networked Health Care Providers in Bahrain and KSA Regular feedback to clients on claims patterns and trends with suggestions and recommendations to improve outcomes Toll free helpline for customer convenience Motor Claims processing from registration to settlement - currently developing a web based software to take care of the the above Outsourcing the accounting functions of SMEs .
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Contact Information
Gulf Electronic Management Systems Ltd. TPA. As-Sarah Building, 9030 King Fahd Bin Abdulaziz Road, Al-Shifa, Unit 1, Dammam 32236-2846, Kingdom of Saudi Arabia.
Phone: 966-13-8290289
Fax: 966-13-8056238
Company Email:
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