News Middle East28 Nov 2024

19 winners take centrestage at 11th Middle East Insurance Industry Awards

| 28 Nov 2024

The 11th Middle East Insurance Industry Awards (MIIA) honoured 19 exceptional winners yesterday in a ceremony at Altantis the Palm, Dubai, United Arab Emirates.

With a pool of 150 entries spanning 19 categories, this year’s awards boasted a fiercely competitive field, a sign of the exceptional standards and achievements across the Middle East’s insurance domain.

Launched in 2014, the MIIA remains the region’s most rigorous and coveted accolades in the industry.

In a nod to innovation and advancement, Tawuniya received Digital Transformation of the Year and Merimen Technologies took InsurTech of the Year.

In the lead categories, Algerian Gulf Life Insurance Company scored for Life Insurance Company of the Year, Tawuniya received General Insurance Company of the Year and Bupa Arabia received Health Insurance Company of the Year.

In broking, Marsh and Guy Carpenter Middle East led the field as Broker of the Year and Reinsurance Broker of the Year, respectively.

The MGA award, in its second year, went to elseco Limited for its standout contributions to the market.

Individual excellence was also in the spotlight: Mr Abdulla Hisham Al Khatib of Emirates National Oil Company was named Corporate Risk Manager of the Year and Ms Lina Hantas of Westfield Specialty (ME) received Woman Leader of the Year. Mr Mohammed Al Meraj of Bahrain National Insurance Company earned Young Leader of the Year for his exceptional achievements.

In the reinsurance category, International General Insurance took General Reinsurer of the Year and Reinsurance Group of America won Life Reinsurer of the Year.

NAS Neuron Services clinched the award for TPA of the Year and Solidarity Bahrain was honoured as Takaful Company of the Year.

The awards also acknowledged Chartered Insurance Institute for Educational and Training Initiative of the Year, Badri Management Consultancy as Strategic Partner to the Industry and Clyde & Co as Law Firm of the Year for their services to the sector.

The evening’s highest tribute, Insurance Industry Leader of the Year, was reserved for Mr Fahad Al-Hesni, for his visionary leadership and lasting influence in the industry.

The full list of the 11th MIIA winners is as follows:

Award Category

Winner

Life Insurance Company of the Year

Algerian Gulf Life Insurance Company

General Insurance Company of the Year

Tawuniya

Health Insurance Company of the Year

Bupa Arabia

TPA of the Year

NAS Neuron Health Services

Takaful Company of the Year

Solidarity Bahrain B.S.C

Managing General Agent of the Year

elseco Limited

Educational and Training Initiative of the Year

Chartered Insurance Institute

Digital Transformation of the Year

Tawuniya

InsurTech of the Year

Merimen Technologies FZE

Strategic Partner to the Industry

BADRI Management Consultancy

Corporate Risk Manager of the Year

Abdulla Hisham Al Khatib, Emirates National Oil Company Ltd (ENOC) L.L.C

Law Firm of the Year

Clyde & Co

Broker of the Year

Marsh

Reinsurance Broker of the Year

Guy Carpenter Middle East Ltd

Life Reinsurer of the Year

Reinsurance Group of America (RGA)

General Reinsurer of the Year

International General Insurance (IGI)

Woman Leader of the Year

Lina Hantas, Westfield Specialty (ME) Ltd

Young Leader of the Year

Mohammed Al Meraj, Bahrain National Insurance Company (bni)

Insurance Industry Leader of the Year

Fahad Al-Hesni

 

 

 

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