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Albaraka Insurance and BeamSec Establish Groundbreaking Partnership, Pioneering Cyber Insurance Landscape

London, 13 May 2024 – BeamSec, a leading provider of innovative cybersecurity solutions, is pleased to announce its partnership with Albaraka Insurance, a distinguished name in the insurance industry renowned for its commitment to customer service and digital innovation.



The increasing frequency and complexity of cyberattacks pose significant challenges for insurance companies, with phishing emerging as a primary driver of cyber insurance claims. Through its partnership with Albaraka Insurance, BeamSec aims to bolster its offerings, providing clients with comprehensive solutions to mitigate cybersecurity risks effectively.

Albaraka Insurance has earned its reputation as  “The Company of Choice”  by focusing on serving people and protecting their assets. With over 60 years of experience in the Libyan insurance market, Albaraka Insurance brings a wealth of expertise and a commitment to excellence to its customers.

“We are thrilled to embark on this journey with BeamSec,” said Zakaria Albarouni, General Manager at Albaraka Insurance. “This partnership underscores our commitment to innovation and proactive risk management. Together, we are dedicated to empowering our clients with robust cyber insurance solutions that safeguard their digital assets and ensure business continuity.”

“We are thrilled to welcome Albaraka Insurance to our partner network,” said Murat Guvenc, Director of Global Business Development at BeamSec. “This collaboration represents a strategic alignment of our shared values and vision for the future of cybersecurity. By combining our respective capabilities, we are better positioned to address the dynamic cyber risk landscape and deliver unparalleled value to our customers.”

Together, BeamSec and Albaraka Insurance aim to reshape the cybersecurity landscape in Libya, delivering innovative solutions and unparalleled service to clients across industries.

For more information about Albaraka Insurance and its insurance services, visit

For information on our solutions, collaboration inquiries, media queries, general questions, or technical support, please feel free to reach out to us. We are here to assist you promptly and provide the information you need.

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