Third Party Administrators (TPAs)
AU-1.2.4
TPA refers to processing claims in connection with insurance coverage offered by insurance firms.
April 2016AU-1.2.5
Notwithstanding Paragraph AU-1.2.4, TPAs are also allowed to offer their services to self-funded schemes outside Bahrain.
Amended: October 2019
April 2016AU-1.2.5A
When TPAs process claims for insurance firms, the CBB regards this activity as an outsourced activity and insurance firms should refer to Chapter RM-7 Outsourcing Risk under Volume 3 (Insurance) of the CBB Rulebook.
April 2016