Middle East Insurance Review (MEIR)
Middle East Insurance Review (MEIR) remains the strongest industry publication on the ground servicing MENA as well as the broader African markets.
MEIR is uniquely positioned as we cover three major markets – the Middle East, Africa and Asia.
We are the ONLY publication that is privileged to be the official media of all the major industry events in the MENA region – such as GAIF, FAIR, AIO, Sharm Rendezvous – as well as those in Asia. Plus, we remain the only magazine with a dedicated section on takaful, putting us in pole position as the trusted source of reliable and up-to-date news on both the conventional and takaful fronts.
Middle East Insurance Review also has in its portfolio “Africa eWeekly” where you can keep up-to-date with the latest insurance news from Africa; and the “Middle East Insurance Industry Awards (MIIA)” that has played an instrumental part in raising industry standards in the seven years since it was first launched. The Awards are regarded as the benchmark for excellence in the market and touted as the Oscars for the industry. With a high-level judging panel, as well as a transparent judging process audited by EY, the MIIA has become a highly-anticipated industry event.
www.meinsurancereview.com
Beacon International Group, Ltd.
Beacon International Group, Ltd. is a private company specializing in insurance and financial services media and related resources including the world’s leading media platforms: Business Insurance (USA), Commercial Risk (UK), Workers Comp Central (USA), Asia Insurance Review (serving Asia from Singapore), Middle East Insurance Review and Insurance Advocate (New York). Beacon has drawn top talent together into a new working formula that provides the highest level of carefully edited, wisely and reliably curated intelligence to the world’s insurance and risk management professionals, fulfilling the Company’s motto “Leadership for Leaders …since 1889”. This date refers to the birth of Beacon’s Insurance Advocate, believed to be the oldest continually published insurance medium in the United States, having been formed originally in 1853 and ten again in1889 and published continually ever since. Beacon produces television programming, directories, books and guides, as well. The media are all long established and have among the largest audience of “eyes” each month of any insurance business publishing group.
ACE | Gallagher
ACE Gallagher is a leading regional brokerage firm with a rich legacy in the GCC region. It has earned it the respect of its peers and trust from its clients over 70 years. With the recent partnership with Gallagher, global brokerage firm, ACE Gallagher is on an upward trajectory to provide tailor-made solutions and comprehensive claims & risk management services catering to various fields. The company's 16 offices spread across seven countries give them a local advantage while tapping into their partner's global expertise. Moreover, ACE Gallagher remains committed to uphold quality standards in the industry through agility & resilience as well as staying ahead of ever-changing trends & challenges within the market. Its primary mission is to use this knowledge and experience to provide customers with unparalleled quality services ensuring customer satisfaction, while growing their own business alongside theirs. The vision of ACE Gallagher is be renowned globally for top-notch service provision and excellent customer care by utilizing cutting-edge technology along with superior communication skills both internally amongst staff and externally towards clients.
www.ace-gallagher.com
AM Best
Founded in 1899, AM Best is the world's largest credit rating agency specialising in the insurance industry.
AM Best credit rating services assesses the creditworthiness of and/or reports on over 16,000 insurance companies worldwide. Our credit ratings are independent, indicative and interactive, and summarise our opinion on an insurance company’s ability to pay claims, debts and other financial obligations in a timely manner. Our commentary, research and analysis provide additional insight.
With offices in the United States, London, Amsterdam, Mexico City, Hong Kong, Singapore and Dubai, the company does business in over 100 countries. AM Best expanded its coverage in MENA in the last two decades, becoming the pre-eminent rating agency for re/insurers in the region. Our MENA, South & Central Asia office, established in the Dubai International Financial Centre, serves clients throughout the region and develops new relationships with both start-ups and established companies.
AM Best has been awarded more than 20 international “Best Rating Agency” accolades between 2009 to 2023.
Our Insight, Your Advantage™
www.ambest.com
Chedid Re
Founded in 1998, Chedid Re, a company of Chedid Capital, has successfully grown over the years to become one of the leading reinsurance broking powerhouses across Europe, the Middle East, Africa and South Asia. This year the company is celebrating 25 years of Excellence.
With offices in Abidjan, Beirut, Casablanca, Dubai, Limassol, London, Riyadh and recently in Paris to be closer to the European insurance market and particularly our clients and partners across Africa and Europe, the iconic insurance solutions provider has forged fruitful partnerships with some of the most trusted reinsurance groups in the world, including Chedid Re’s outstanding track record as an appointed Lloyd’s broker and is hailed today as one of the top 20 reinsurance brokers in the world.
Furthermore and to reinforce and expand its business and operations in the Middle Eastern markets, Chedid Re Europe established it regional headquarters in the Kingdom of Saudi Arabia.
Chedid Re capitalises on its resources, experience, and relationships to deliver outstanding solutions to clients, including more than 400 top insurance companies around the globe. With over two decades of excellence under its belt, Chedid Re’s perfect synergy of customer-centricity, solid management expertise, powerful partnerships, and innovative products, continue to power the company’s expansion plan that aims to reach all thriving and strategic international markets.
A market leader known for its resilience, agility, efficiency, and customer-centricity, Chedid Re’s status was further cemented by claiming ‘The Reinsurance Broker of the Year’ title at the Gulf Insurance Awards 2010, the ‘MENA Insurance Awards’ in 2011, the INSUREX Awards 2010, 2011 and 2013 and the Middle East Insurance Industry Awards (MIIA) 2015, 2017, 2018, 2019, 2020 and 2021.
In 2021 Chedid Capital, the holding company of Chedid Re, acquired 80% of Ascoma, the leading independent insurance broking network in the French speaking countries; 23 subsidiaries in 21 countries. With this acquisition, the insurance broking arm of the Group is today considered the number one network in Africa and the Middle East.
www.chedidre.com
Gulf Insurance Group
Established in 1962 in Kuwait, Gulf Insurance Group is one of the largest and most diversified insurance groups in the Middle East and North Africa with operations in life and non-life as well as Takaful insurance. As a regional insurance powerhouse, the Group enjoys a strong competitive market position in Kuwait, Bahrain, Jordan and Egypt and excellent operational footprints in UAE, KSA, Turkey, Algeria, Qatar, Oman, Syria, Iraq and Lebanon with reported consolidated assets of US$ 4.4 billion as at 31 December 2022
Over 60 years of operational excellence, GIG has established itself as a leader and pioneer in the insurance industry by offering innovative and high quality products and services that are tailored to meet the unique needs of our valued stakeholders. With more than 100 branches, +3,800 employees and +3.5 million customers GIG is delivering unprecedented growth for a sustainable future.
GIG has attained a competitive edge in its markets through the implementation of a comprehensive approach involving latest and superior Information Technology services, Innovation in Products and Distribution, Customer Relations Management, robust Enterprise Risk Management, best standards of Corporate Governance, prudent underwriting practices, robust Business Strategy & Decentralized Business Model focusing Human Capital Development and Digitalization.
GIG holds a Financial Strength Rating of ‘A’ (Excellent) and issuer credit rating of ‘a’ having a Stable outlook from A.M. Best Europe – Rating Services Limited, a Financial Strength Rating of ‘A’ with Stable outlook from Standard & Poor’s and an Insurance Financial Strength Rating (IFSR) of ‘A3’ from Moody’s Investors Service carrying a Positive outlook.
KIPCO – Kuwait Projects Company and Canadian based Fairfax Financial Holdings Ltd. are GIG’s major shareholders.
www.gulfinsgroup.com
Huntington Partners LLP
Huntington Partners LLP is a market leader and trusted partner with multi-decade experience and a proven track-record of discretionary and reliable services as an independent strategic advisory and PE firm focused on the (re)insurance industry in Asia/MENA/Europe/US.
With a dominant market share of ~65% of broker deals in Southeast Asia, our operational capabilities span the globe, with headquarters in Singapore and Istanbul. Huntington provides unbiased, innovative, creative and strategic solutions to select global and regional clients looking to grow or reshape their businesses and funding viable (re)insurance niche opportunities.
Huntington undertakes a full range of strategic advisory mandates for global (re)insurers, brokers, PE and SWFs with interests in Asia/MENA/Europe.
Huntington is recognised for its creative thinking and ability to deal with the most difficult and multifaceted challenges. Driven to succeed, our ultimate goal is to strengthen trust in our clients’ businesses or interests by providing the leverage that creates solutions which consistently capture the greatest value for all our stakeholders.
Huntington Partners comprises a global team of over 20 seasoned professionals from varied backgrounds offering a wide set of capabilities and access to a long-established network in Singapore, Europe, US and Asia Pacific.
Huntington has completed keynote transformative M&A deals for local and global players including team lift deals and currently maintains a robust mandate and investment pipeline with a select group of partners.
www.huntingtonbiz.com
Lloyds
Lloyd’s is the world’s leading marketplace for commercial, corporate and specialty risk solutions. Through the collective intelligence and expertise of the market’s underwriters and brokers, we’re sharing risk to create a braver world.
The Lloyd’s market offers the resources, capability and insight to develop new and innovative products for customers in any industry, on any scale, in more than 200 territories.
We’re made up of more than 50 leading insurance companies, over 200 registered Lloyd’s brokers and a global network of over 4,000 local coverholders. Behind the Lloyd’s market is the corporation: An independent organisation and regulator working to maintain the market’s successful reputation and operation.
We’re working to build solutions for the most current and prevalent threats. As chair of the Insurance Task Force for HRH The Prince of Wales’s Sustainable Markets Initiative, Lloyd’s is bringing the industry together to insure the transition to netzero. Our research community is pooling expertise from across the industry to provide cutting edge insight on systemic risks from climate change to cyber security.
And through our digital-led strategy, The Future at Lloyd’s, we’re making it easier and cheaper to place, price and process cover in the Lloyd’s market.
For more than six decades, Lloyd’s has worked to strengthen the dynamic insurance and reinsurance market across the Middle East. In 2015, Lloyd’s opened an underwriting hub in the Dubai International Financial Centre to better support the local insurance market with valuable capacity and expertise. Having established itself as the leading market for specialist underwriting across the Middle East, Lloyd’s Dubai works with local cedants and brokers to provide critical protection in a region that continues to evolve and present exciting opportunities.
With its powerful global reach and deep local insights, Lloyd’s is proud to offer its world-class risk cover to businesses and governments in the Gulf Cooperation Council and beyond.
www.lloyds.com
Marsh
Our purpose is possibility. At Marsh, the idea of possibility isn’t just something we talk about — it’s something we’ve lived for over 150 years.
We help our clients and colleagues grow — and our communities thrive — by protecting and promoting possibility. We seek better ways to manage risk and define more effective paths to the right outcome. We go beyond risk to rewards for our clients, our company, our colleagues and the communities in which we serve.
With offices in more than 130 countries, Marsh is the world’s leading insurance broker and risk advisor. We provide industry-focused brokerage, consulting, and claims advocacy services, leveraging data, technology and analytics to help reduce our clients’ total cost of risk.
With around 45,000 colleagues worldwide, we provide our commercial and individual clients with insights, advice, and support in the local markets in which they operate or where their business may face risks. We help you understand coverage nuances, regulatory developments, and risk trends. And we work together with you on placement, mitigating risk and optimising your risk spend.
www.marsh.com
Nextcare
Nextcare, an Allianz Partners company, specializes in providing complete health insurance management and administration services to healthcare payers, including self-insured employers.
With a 20-year track record and business pedigree, Nextcare provides peace of mind. A passion for excellence connects us to our clients, who rely on us for their healthcare management needs. A regional presence with global reach, we deliver the perfect balance between unrivalled customer service and maximum cost optimization.
We strive to deliver seamless high-quality customer relations while rigorously managing costs and optimizing performance: both yours and ours. A digitally transformative operation, we empower your organization with market-leading digital solutions that support the secure, swift and efficient sharing of medical records.
Our next-generation future administration model is a health ecosystem orchestrator that connects horizontally and vertically with other Allianz assets and partners. Spanning the entire patient journey, it seamlessly integrates offline and online activities, supporting informed choices and managed care.
Nextcare speaks your language when it comes to insurance, IT, compliance, legal, risk, mitigation auditing, and more. At your disposal 24/7, we directly connect our clients to an extensive network of solutions providers.
Lifelong partners in health management – yesterday, today and tomorrow – our customer relationships are rooted in transparency and built on trust.
For more information, please visit: www.nextcarehealth.com
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RGA
Reinsurance Group of America (RGA) is a leader in the global life and health reinsurance industry, with approximately $3.4tn of life reinsurance in force and assets of $84.7bn as of 31 December 2022. With operations in key markets around the world, RGA supports domestic and multinational clients in more than 80 countries.
RGA is at the forefront of the industry, recognised for deep technical expertise in risk and capital management, innovative approaches, and an unwavering commitment to its clients. RGA specialises in individual and group life and health reinsurance and financial solutions. In collaboration with clients, RGA also provides complementary offerings to enhance their success, including facultative underwriting, product development, and data-driven digital solutions.
For 50 years, RGA has partnered with insurers to identify opportunities, address challenges, and develop competitive products and services. RGA puts this philosophy of partnership into practice every day, for every client, and in every region where it does business. Clients know that when they work with RGA, they are joining forces with industry experts dedicated to achieving results. From advances in underwriting to market-first capital structures, RGA helps clients improve their ability to assess risk profitably and meet the demands of a dynamic industry.
www.rgare.com