Takaful and Copart Bahrain sign MOU

DT News Network

Bahrain

Takaful International Company and electronic automotive auctioning firm Copart Bahrain signed an agreement to regulate the sale of the damaged cars from traffic accidents through an auction.

The agreement was signed at Takaful headquarters in Seef district by Takaful International CEO Younis Jamal and Carlos Sabugueiro, CEO of Copart for the Middle East and Africa.

“This agreement will ensure full regulation of the sale of damaged vehicles after reimbursing the insured client. It would provide fair and transparent sales review of the applicant’s bids in the auction process and guarantees professional independence in the implementation of the sales operation,” said Takaful in a statement.