Finalists for 7th Middle East Insurance Industry Awards announced

A total of 41 insurers, brokers, risk managers, service providers and industry leaders have emerged as the finalists for the 7th Middle East Insurance Industry Awards.

This year’s awards drew over 200 entries from the MENA region vying for the top honours in 16 categories. The finalists were shortlisted by a panel of 23 judges – comprising CEOs, senior executives, association heads and industry experts – through a remote judging process.

The final round of judging will take place on 20 September to select the winners by a secret ballot – with the results to be announced on 22 November.

“Despite the pandemic and the bleakness of 2020, we received an outstanding number of entries for this year’s awards with many great narratives. This year’s winners will have a bigger responsibility to make the insurance industry stand out,” said Middle East Insurance Review editor-in-chief Sivam Subramaniam.

“We are encouraged by the support of the leaders in the market who have readily served on the panel of judges for the awards despite the great demand of their time and commitment. I take this opportunity to salute the leaders in the region for lending their weight to this yearly event.”

Now in its seventh 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.

The 2020 Middle East Insurance Industry Awards finalists are:

Life Insurance Company of the Year
• MetLife Gulf
• Oman Insurance
• Zurich International Life

Health Insurance Company of the Year
• Bupa Arabia
• Cigna
• Oman Insurance

Takaful Company of the Year
• Bupa Arabia
• Takaful International Company

Digital Initiative of the Year
• Bupa Arabia
• Cigna
• Oman Insurance

Corporate Risk Manager of the Year
• Bob Sehmi, Head of Internal Controls & Risk Management, Dana Gas
• Mohamed Khalifeh, Group Head, Governance, Risk & Compliance, Chedid Capital
• Mohammad Mahboob Ali Khan, Managing Director, Group Insurance & Risk Mitigation, Abdul Latif Jameel

Broker of the Year
• Aryan Insurance Brokerage
• Howden TMEA
• Marsh MEA

Reinsurance Company of the Year
• International General Insurance
• MAPFRE Asistencia
• Oman Re

Young Leader of the Year
• Dr Abdullah Sultan, CEO, Bahrain Kuwait Insurance Company
• Hatim Maskawala, Co-founder & Managing Director, Badri Management Consultancy
• Mohamed Seghir, CEO, AXA Green Crescent Insurance Company
General Insurance Company of the Year
• Abu Dhabi National Insurance Company
• Oman Insurance
• Tawuniya

TPA of the Year
• FMC Network
• Zurich Workplace Solutions

Educational & Training Initiative of the Year
• Chartered Insurance Institute
• Howden TMEA

Strategic Partner of the Industry
• S&P
• Badri Management Consultancy
• Milliman

Law Firm of the Year
• Clyde & Co
• Norton Rose Fulbright

Reinsurance Broker of the Year
• Chedid Re
• Risk Exchange (DIFC) Ltd

Woman Leader of the Year
• Pamela Thomson-Hall, Head of Central & Eastern Europe, Middle East & Africa, Willis Towers Watson
• Rana Hafda, Executive Director of Facultative Division, Chedid Re
• Raja Al Mazrouei, Executive Vice President, FinTech Hive at DIFC
• Sayyida Rawan Al Said, Vice Chairperson & CEO, Takaful Oman Insurance SAOG

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