News Middle East12 Sep 2024

11th Middle East Insurance Industry Awards finalists revealed

| 12 Sep 2024

The fierce competition whipped up around this year's Middle East Insurance Industry Awards has resulted in a list of finalists comprising a total of 55 insurers, brokers, risk managers, service providers and industry leaders.

Each is vying to come top in their category in the 11th iteration of these industry-leading awards for 2024.

The competition this year drew 145 entries from across the region hoping to win the top honours in 19 categories. The finalists were shortlisted by a panel of 20 judges – comprising CEOs, senior executives, association heads, and industry experts – through a remote judging process.

Now in their 11th year, the Awards recognise and celebrate the accomplishments of individuals and companies in the insurance sector across the MENA region. The Awards aim to boost standards and promote greater professionalism in the market. The award process offers utmost transparency, with clearly defined criteria and judging requirements.

In the first stage, judges arrived at a list of finalists by going through the entries based on a 1,200-word write-up. The final judging round will take place on 19 September where the judges will discuss the shortlist in detail to select the winners by secret ballot. The entire process is audited by EY.

The winners will be announced at a gala dinner on 27 November 2024 at Atlantis The Palm, Dubai, United Arab Emirates.

The 2024 Middle East Insurance Industry Awards finalists are:

Award Category

Finalists

Life Insurance Company of the Year

  • Algerian Gulf Life Insurance Company

  • HAYAH Insurance Company P.J.S.C.

  • Sukoon Insurance

General Insurance Company of the Year

  • AIG MEA Limited (AML)

  • Gulf Insurance Group (GIG)

  • Tawuniya

Health Insurance Company of the Year

  • Bupa Arabia

  • National Health Insurance Company - Daman

  • Sukoon Insurance

TPA of the Year

  • Aafiya TPA

  • NAS Neuron Health Services

  • Nextcare Claims Management LLC

Takaful Company of the Year

 

  • Salama Islamic Arab Insurance Company (Salama)

  • Solidarity Bahrain B.S.C

  • Watania International Holding PJSC

Managing General Agent of the Year

  • Arma Underwriting Ltd

  • elseco Limited

  • Visionary Limited

Educational andTraining Initiative of the Year

  • Bahrain Institute for Banking and Finance (BIBF)

  • Chartered Insurance Institute

  • Corporate Risk Management Institute (CRMI)

Digital Transformation of the Year

  • National Health Insurance Company - Daman

  • Sukoon Insurance

  • Tawuniya

InsurTech of the Year

  • Aura Technologies Ltd

  • Merimen Technologies FZE

  • Tawuniya

Strategic Partner to the Industry

  • BADRI Management Consultancy

  • Democrance

  • S&P Global Ratings

Corporate Risk Manager of the Year

  • Abdulla Al Khatib of Emirates National Oil Company Ltd (ENOC) L.L.C

  • Awatif Said Al Zadjali of Bank Muscat

  • Hasan Khan of Now Health International

Law Firm of the Year

  • Clyde & Co

  • Fichte & Co

  • Norton Rose Fulbright (Middle East) LLP

Broker of the Year

  • Aon

  • Chedid Insurance Brokers

  • Marsh McLennan

Reinsurance Broker of the Year

  • Gallagher

  • Guy Carpenter Middle East

Life Reinsurer of the Year

  • Mena Re Life

  • Reinsurance Group of America (RGA)

General Reinsurer of the Year

  • AIG MEA Limited (AML)

  • International General Insurance (IGI)

  • Saudi Reinsurance Company (Saudi Re)

Woman Leader of the Year

  • Gracita Aoa De Gracia of Dubai International Financial Centre Authority

  • Lina Hantas of Westfield Specialty (ME) Ltd

  • Racha Moukayed McClelland of Howden Guardian Insurance Brokers

Young Leader of the Year

  • Michele Grosso of Democrance

  • Mohammed Al Meraj of Bahrain National Insurance Company (BNI)

  • Nadim Semaan of Gallagher

Insurance Industry Leader of the Year

3 finalists are in the running.

Winner will be announced at the Gala Dinner

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