Snic Insurance B.s.c.
Seef, Muḥāfaẓat al-ʿĀṣimah
- UEI
- U6EFFY3Z4YY1
- CAGE
- SLBQ4
- Primary NAICS
- 524114 Direct Health and Medical Insurance Carriers
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
- Self-certified in SAM.gov
- Entity structure
- Other
- SAM.gov registration date
- Physical address
- 3204, Building, Almoayyed Tower, 2504 Rd No. 2832, Seef, Bahrain
- Website
- snic.com.bh
- Founded
- 1974
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- Industry
-
- Financials
- Insurance
- SIC code
- 63 Insurance Carriers
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $1,001,207 |
| FY2025 | $1,190,981 |
| FY2024 | $775,486 |
| FY2023 | $968,160 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of State | $1,001,207 |
Contract awards
Latest 5 listed here. See the rest on GovTribe.
Similar vendors
| Vendor | Location | Primary NAICS |
|---|---|---|
| Takaful Brunei Am SDN BHD | Bandar Seri Begawan, Daerah Brunei-Muara | 524114 Direct Health and Medical Insurance Carriers |
| Takaful Operator | Karachi, Sindh | 524113 Direct Life Insurance Carriers |
| Meqa Sigorta ASC | Bakı | 524114 Direct Health and Medical Insurance Carriers |
| Coralisle Medical Insurance Company LTD. | Hamilton, Pembroke Parish | 524114 Direct Health and Medical Insurance Carriers |
| Concordia | Gent, Vlaanderen | 524210 Insurance Agencies and Brokerages |
About the company
Snic Insurance B.s.c., a Bahrain-based for-profit insurance and human resources outsourcing provider, operates exclusively as a prime contractor delivering local employee health and life insurance coverage to the U.S. Department of State at overseas missions. The vendor competes full-and-open with no set-aside designations across its entire federal footprint.
Snic Insurance holds a narrow, high-concentration customer base: all twelve recent awards and 100% of combined potential value ($5.5 million) originate from the Department of State's Bureau of Near Eastern Affairs and the U.S. Embassy in Manama, Bahrain. The vendor's capability portfolio is tightly scoped to locally employed staff medical insurance, life insurance, invoice processing, and associated human resources outsourcing services exclusively for U.S. government personnel stationed in Bahrain. Representative work includes a $1.19 million fixed-price delivery order (June 2025) for local employee staff health insurance coverage (Option Year 3, May 2025–April 2026) under an IDC, a $960.6 thousand delivery order (April 2026) for staff health insurance through April 30, 2027, and a $40.6 thousand delivery order (September 2026) for local employee life insurance coverage with performance through September 28, 2027. All awards carry fixed-price terms with economic price adjustment and are performed in Bahrain.
Snic Insurance sits on two indefinite delivery contracts with the Department of State. The primary vehicle, IDC 19BA3022D0001 (awarded June 7, 2022, with potential ceiling of $1.16 million and completion date October 31, 2026), has generated nine task orders carrying $4.2 million in combined potential value. A second IDC issued September 29, 2026, for life insurance services (IDC 19BA3026D0003, ceiling $82.9 thousand, completion February 28, 2032) has generated one task order for $41 thousand. Activity has been uneven—four awards in 2022, then declining to one award in 2025 before rebounding to three in 2026—with three awards (combined potential value $1.7 million) reaching ultimate completion within the next twenty-four months, creating recompete exposure. The vendor has obligated $4.2 million (77% of combined potential value) to date, indicating active execution of its existing portfolio. Snic Insurance maintains no subcontractor relationships and operates solely as a direct prime vendor to a single federal customer.
Quick answers
Is Snic Insurance B.s.c. registered in SAM.gov?
Yes. Snic Insurance B.s.c.'s SAM.gov registration is active through July 1, 2027.
What is Snic Insurance B.s.c.'s CAGE code?
Snic Insurance B.s.c.'s CAGE code is SLBQ4, and its Unique Entity ID (UEI) is U6EFFY3Z4YY1.
How much has Snic Insurance B.s.c. received in federal contracts?
Federal contracts obligated $1,190,981 to Snic Insurance B.s.c. in fiscal year 2025 and $3,935,835 in fiscal years 2023 through 2027.
How does Snic Insurance B.s.c. rank among federal contractors?
Snic Insurance B.s.c. ranked #9 in NAICS 52421, #31 in PSC G007 and #32 in NAICS 5242 in FY2025.
What is Snic Insurance B.s.c.'s most recent federal award?
Snic Insurance B.s.c.'s most recent federal contract award is HRO - LE life insurance - base year (19BA3026F0227), from US Embassy Manama (DOS), on September 29, 2026.
On GovTribe
See Snic Insurance B.s.c.'s full federal record
- Federal contract awards
- IDV awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors