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Life Insurance Company of the Year
Algerian Gulf Life Insurance
Gulf Insurance group chief operations officer Farid Saber (L) accepting award on behalf of Algerian Gulf Life Insurance from RGA managing director Ashraf Al Azzouni
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“Winning the Life Insurance Company of the Year 2024 award is a significant milestone for us. It celebrates our leadership in the life insurance sector and affirms our unwavering commitment to innovation and excellence in delivering top-tier life insurance solutions. This prestigious honour reflects the trust and loyalty of our clients, as well as the dedication of our teams, partners and stakeholders. It inspires us to continue breaking new ground and strengthening our position as a trusted and innovative life insurer in Algeria and in the MENA region. No other trophy holds the prestige that the MIIA trophy does and it’s a double celebration as it is a significant milestone for the awards. It is an acknowledgement and endorsement of our success to have been selected as winners by a high-level panel of judges.
We intend to share this achievement with all our partners.
To customers, we will highlight this accomplishment through social media campaigns, targeted emails, website updates and a press release, reinforcing our dedication to excellence and customer satisfaction.
We will showcase this award at industry events, conferences, trade fairs and through strategic media outreach, emphasising our leadership in the life insurance market. This win ensures we will end 2024 on a crescendo.”
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Managing General Agent of the Year
elseco
elseco head of operations Raghd Coussa (L) accepting the award from Lloyd’s Middle East & Turkey regional head Andrew Woodward
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“Winning the MGA of the Year award from Middle East Insurance Review is a profound validation of our strategic vision and operational excellence. This recognition, particularly being judged by distinguished peers from the industry and audited by EY, affirms our commitment to innovation, client service and industry leadership. For our firm, this award is more than just a trophy - it’s a testament to our team’s relentless dedication to transforming the insurance landscape.
This recognition will undoubtedly boost our team’s morale and reinforce our position as a forward-thinking, dynamic MGA in a competitive market.
We plan to leverage multiple channels to share this achievement with our customers:
- Personalise email communications highlighting the award and acknowledging their continued partnership
- Update email signatures and corporate communications by featuring the award
- Dedicate a section on our website showcasing the award and its significance
- Carry social media posts that explain how this recognition translates to enhanced service and innovative solutions for our clients
Our industry promotion strategy will be multi-faceted:
- Participation in industry conferences and using the award as a symbol of our innovative approach
- Thought leadership articles in trade magazines explaining our winning strategy
- Networking events where we share insights about our peer-recognised operational model
- Targeted outreach to potential partners and stakeholders, using the award as a credibility marker
The core message in both customer and industry communications will emphasise that this award is not just a recognition of past achievements, but a commitment to continuous innovation, excellence and customer-centricity in the insurance sector.”
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Educational and Training Initiative of the Year
Chartered Insurance Institute
Chartered Insurance Institute regional director Gaenor Jones (L) accepting the award from MEIR chief representative Osama Noor
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“Receiving this high-profile esteemed award is fantastic recognition from one of the industry’s leading media platforms and is a wonderful endorsement of the major contribution we are making to boosting professional standards across the Middle East region.
It helps to imbue confidence in our stakeholders, associates and members, and we will be communicating the award win across all our marketing and communications channels, regionally and globally.
This includes our regional and international websites, LinkedIn pages, newsletters and our internal marketing systems, as well as via our Goodwill Ambassadors’ networks.”
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Digital Transformation of the Year
Tawuniya
Tawuniya general insurance sector CEO Sultan Alkhomashi (L) accepting the award from MEIR chief representative Osama Noor
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“Tawuniya is proud to win the Digital Transformation of the Year 2024 award, recognising our commitment to innovation, customer-centricity and excellence in the insurance industry. This milestone celebrates our pioneering efforts in the MENA region.
We will share this achievement through social media, email updates and a website announcement, and highlight it at industry events. This win reflects our dedication to transforming the insurance sector, driving innovation and setting new standards that empower our customers with reliable, cutting-edge solutions.”
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Broker of the Year
Marsh
Marsh McLennan chief executive officer for UAE, Qatar, Oman and Egypt Ayman El Hout (L) accepting the award from GIG Gulf group executive manager Khaled M Al Sanousi
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Reacting to the award Marsh CEO Ayman El Hout said:
“Winning the Broker of the Year Award at the 11th Middle East Insurance Industry Awards is a significant recognition for Marsh. This achievement reflects our commitment to supporting our clients to thrive in a highly interconnected risk environment and navigate uncertainty with confidence.
We extend our heartfelt thanks to our clients for their unwavering trust and partnership and to our colleagues for their hard work and expertise, which continue to make a meaningful impact on businesses, individuals and governments across the region.
As we continue to invest and evolve to meet the ever-changing needs of our clients, this award stands as a testament to our commitment to excellence.”
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Life Reinsurer of the Year
Reinsurance Group of America
RGA Middle East managing director Ashraf Al Azzouni (L) accepting the award from Chedid Re senior business development director - UAE Josiane Rizk
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“We believe that winning this award again is a reward from our clients for our client centric partnership and we wish to thank each one of our partners for their trust and continuous support. RGA, as the only specialised life and health reinsurer in the region, reaffirms its commitment to delivering sustainable strategic value to our clients. We are a trusted partner for facultative underwriting, actuarial expertise and product development capabilities. To support the dynamic market environment, RGA recently launched Aspire, a licensed third-party administrator based in the UAE offering an innovative platform aimed at transforming health insurance portfolio management.”
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General Reinsurer of the Year
International General Insurance
International General Insurance senior executive officer Henri Labat (L) accepting the award from Chedid Re general manager UAE Raymond Kairouz
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“Winning the General Reinsurer of the Year award is a very special moment for all of us at IGI.
For all our local and international customers, working with a business that has received such a prestigious award will be reassuring and reinforce our solid reputation and reliability. In addition to making our current partners proud to work with us, this esteemed recognition will draw in new clients and business partners. This award is obviously beneficial to all of us.
For the industry, knowing that IGI has been recognised as General Reinsurer of the Year is very positive. IGI has an established business spread across four continents and in more than 180 countries. Winning the award sets up IGI as an ambassador of the Middle East insurance Industry for all those international markets in which we currently operate. At IGI we always seek excellence in all our operations and we are very proud to have shown the world that the Middle East can exhibit excellence in reinsurance.”
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Woman Leader of the Year
Ms Lina Hantas of Westfield Specialty (ME)
Westfield Specialty (ME) senior executive officer Lina Hantas (L) accepting the award from ACE Gallagher Holding CEO Yolla El Khoury
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“Winning the Woman Leader of the Year award is a tremendous honour.
This award features the strength of our leadership culture, diversity and the collective achievements of our team. It highlights the importance of nurturing talent, valuing inclusion and striving for excellence in every effort. This milestone is not just a personal achievement but also a testament to the values and vision we uphold as a company.
Promoting the winning of the award to customers and the industry will focus on reinforcing the values and excellence that earned the recognition.
Making the award win known is an opportunity to reinforce our commitment to delivering quality, innovation and good outcomes in our services or products. I will celebrate with employees and stakeholders, as their efforts contribute to the recognition, fostering pride and motivation across the organisation.
This approach ensures the award resonates not only as a personal achievement but also as a testament to the company’s excellence and leadership in the industry.”
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Strategic Partner to the Industry
BADRI Management Consultancy
Badri Management Consultancy director actuarial services Hasham Piperdy and co-founder and executive director Ali Bhuriwala (L) accepting the award from United Insurance Brokers (DIFC) CEO George Kabban
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“Winning the Strategic Partner to the Industry award at the 11th Middle East Insurance Industry Awards is an extraordinary honour for BADRI Management Consultancy. This recognition reaffirms our unwavering commitment to supporting the insurance industry with innovative solutions and exceptional service.
We will share this success with our customers through newsletters, our social media channels and website, expressing our gratitude for their trust and showcasing the significance of this prestigious recognition.
We will feature this achievement at industry events, webinars and in marketing materials, to help reinforce our reputation as a trusted partner and strategic contributor to the insurance sector’s future.”
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