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
- Self-certified in SAM.gov
- Entity structure
- Other
- NAICS codes registered in SAM.gov
- 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 .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| HRO - LE life insurance - base year | US Embassy Manama | $40,594 | |
| LE staff health insurance option YR 4 - may 2026 to april 2027 | US Embassy Manama | $960,613 | |
| LE staff health insurance option YR 3, may 2025-april 2026 | US Embassy Manama | $1,190,981 | |
| HRO - snic adjustment invoices | US Embassy Manama | $10,499 | |
| HRO-snic manama LE staff health insurance(MAY24-APR25) | US Embassy Manama | $764,987 |
About Snic Insurance B.s.c.
Snic Insurance B.s.c., a for-profit organization headquartered in Seef, Bahrain, provides local employee staff health insurance coverage and human resources outsourcing services to the U.S. Department of State as a prime contractor, operating exclusively under full-and-open competition with no set-aside designations across its federal footprint.
Snic Insurance holds a single indefinite delivery contract with the Department of State's Bureau of Near Eastern Affairs (IDC 19BA3022D0001), awarded June 7, 2022, with a potential ceiling of $1,158,910.55 and ultimate completion date of October 31, 2026. The vendor has issued nine delivery orders totaling $4.2 million in combined obligated value under this vehicle, representing 78% of its total combined potential value across all awards. Work is performed exclusively in Bahrain in support of U.S. government personnel stationed at the U.S. Embassy in Manama. Delivery orders are structured as fixed-price contracts with economic price adjustment terms, covering quarterly and annual intervals of local employee health insurance premiums and invoice processing services. Representative orders include a $1,190,981.41 delivery order awarded June 1, 2025 (Option Year 3, May 2025 through April 2026), a $764,987.27 delivery order awarded August 20, 2024 (May 2024 through April 2025), a $720,410.21 delivery order awarded September 24, 2023 (September 2023 through April 2027), and a $960,612.57 delivery order awarded April 16, 2026 (May 2026 through April 2027). Smaller invoicing and human resources outsourcing adjustments have ranged from $10,498.81 to $151,922.07.
Customer concentration is absolute: the Department of State Bureau of Near Eastern Affairs accounts for 100% of awards (10 total) and 100% of combined potential value ($5.4 million). Activity has declined since the initial IDC award — four awards in 2022, two each in 2023 and 2024, one in 2025, and one in 2026 — with two awards (combined potential value $1.7 million) reaching ultimate completion within the next twenty-four months and facing recompete exposure. The vendor holds no subcontract positions and competes on no government-wide vehicles or multi-agency IDIQs. Snic Insurance' footprint is narrowly scoped to a single regional insurance and payroll-processing relationship with one State Department bureau; the vendor has no diversified customer base, no sub-contract leverage, and no visibility into broader federal IT, defense, or civilian IT spending.
Quick answers
What is Snic Insurance B.s.c.'s UEI?
Snic Insurance B.s.c.'s Unique Entity ID (UEI) in SAM.gov is U6EFFY3Z4YY1.
What is Snic Insurance B.s.c.'s CAGE code?
Snic Insurance B.s.c.'s CAGE code is SLBQ4.
What is Snic Insurance B.s.c.'s primary NAICS code?
Snic Insurance B.s.c.'s primary NAICS code is 524114 (Direct Health and Medical Insurance Carriers).
Where is Snic Insurance B.s.c. located?
Snic Insurance B.s.c.'s physical address in SAM.gov is 3204, Building, Almoayyed Tower, 2504 Rd No. 2832, Seef, Bahrain.
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 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, 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
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