April 14th 2026
Allianz Partners and Al Koot Insurance in Qatar
Allianz Partners, a world leader in insurance and assistance services, today 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.”
Front row (seating):
Ms. Nada Omer, Managing Director, Nextcare Qatar Branch
Mr. Jihad Francis, Head of Business Development, Nextcare
Mr. Christian Gregorowicz, Global Head of Health Services & Utilities and Managing Director, Nextcare
Mr. Ahmed Rafee Al‑Emadi, Chief Executive Officer and Board Member, Al Koot Insurance and Reinsurance
Rear row (standing):
Mr. Rowan Smith, General Manager, Health and Benefits: Qatar, Allianz Partners
Mr. Kaliaperumal Gopal, Chief Financial Officer, Al Koot Insurance and Reinsurance
Ms. Maria Lesiva, Head of Operational Excellence, Al Koot Insurance and Reinsurance
Ms. Maha Naji M S H Mohammed, Customer Relationship Officer, Al Koot Insurance and Reinsurance
Dr. Hani Awad Ahmed, Chief Officer Medical & Life, Al Koot Insurance and Reinsurance
Dr. Wail Mohamed, Network and Health Care Manager, Al Koot Insurance and Reinsurance
Dr. Okba Rasheed AlMaadidi, Healthcare Operations Manager, Al Koot Insurance and Reinsurance
For further information, please contact:
Fia Long: EMAIL
About Allianz Partners
Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, mobility and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech high-touch products and solutions that go beyond traditional insurance. Our products are embedded seamlessly into our partners’ businesses, sold through intermediary channels or directly to customers through the Allianz brand. Present in over 70 countries, our 22,600 employees speak over 70 languages, handle over 72.9 million cases each year and go the extra mile to offer peace of mind to our customers around the world.
For more information, please visit: www.allianz-partners.com
About Nextcare
Nextcare, a company of Allianz, specialises in providing comprehensive health insurance management and administration services to healthcare payers, including self-insured employers. With a regional and global presence, Nextcare offers its clients the perfect balance between unrivalled customer service and maximum cost optimisation. At Nextcare, we provide holistic and interconnected digital health solutions.
As leaders in the TPA and healthcare space, we drive access to care, data and insights. Our Lumi digital health ecosystem exemplifies our commitment to sustainability and empowering individuals to take control of their health. By leveraging advanced technology, we are making healthcare more accessible, efficient, and proactive.
For more information, please visit: www.nextcarehealth.com
About Al Koot Insurance and Reinsurance Company
Named after the historic Al Koot Fort built in 1880, AlKoot Insurance & Reinsurance Company embodies the values of protection, strength, and resilience. Established in 2003 as a captive energy insurer, the company has successfully evolved into a fully commercial insurance and reinsurance provider, offering comprehensive solutions across medical, life, and general insurance lines. Driven by a strong customer-centric approach, AlKoot delivers tailored products and high-quality services to corporations and individuals, earning long-standing trust and loyalty from its clients.
Backed by its founding shareholders and supported by a strong financial position, including an S&P rating of A-, the company continues to expand its footprint across Qatar and the wider GCC region, reinforcing its role as a reliable and innovative insurance partner.
For more information, please visit: www.alkoot.com.qa
Important information
Please note that this announcement is not intended as an offer or solicitation for the sale or purchase of products or services in any jurisdiction. Our offerings may be subject to geographical limitations, and certain products may not be available in a specific region due to licensing or other restrictions. Additionally, our policies do not provide coverage or benefits for any business or activity that would contravene applicable sanction laws or regulations, including those imposed by the United Nations, the European Union, or other relevant economic or trade sanction authorities.
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