News Middle East23 Nov 2017

MENA:Oman Insurance Co scores trifecta at Middle East Insurance Industry Awards

23 Nov 2017

Winners of the 4th Middle East Insurance Industry Awards (MIIA)

Fifteen winners from five countries in the Middle East were honoured at the 4th Middle East Insurance Industry Awards (MIIA) Gala Dinner in Dubai yesterday, with the UAE-based Oman Insurance Company attaining the unique distinction of grabbing three awards in the categories of General Insurance Company of the Year, Health Insurance Company of the Year and Educational & Training Initiative of the Year.

The coveted Insurance Personality of the Year award went to Mr Alaa El-Zoheiry, Managing Director of Arab Misr Insurance Group (gig).

“Over the years, the Awards have come to be actively coveted, and we see that, despite the hard times, there are many people and companies doing amazing things in the market with or without technology,” said Mr Sivam Subramaniam, Editor-in-Chief of Middle East Insurance Review, organiser of the Awards in conjunction with the DIFC, GAIF, FAIR and the MENA Insurance CEO Club (MICC).

“We recognise and salute excellence, and serve the noble cause of exhorting the companies and people to strive for higher standards and greater professionalism. The winners must stand tall to raise the bar and make an impact on the industry, as they now carry the future of the Awards,” he added.

The MIIA, in its fourth year, is heralded as the premier awards of the MENA region with a clearly defined criteria and a transparent judging process. A panel of 16 distinguished judges assessed some 250 nominations both from big and small, and from domestic and international players this year.

The results were independently audited by EY.

The winners this year are:

Life Insurance Company of the YearOrient Insurance PJSC

General Insurance Company of the Year - Oman Insurance Company

Health Insurance Company of the YearOman Insurance Company

TPA of the YearNEXtCARE

Takaful Company of the Year - Abu Dhabi National Takaful Company

Educational & Training Initiative of the Year - Oman Insurance Academy

Innovation of the YearNow Health International

Service Provider of the Year Milliman LLC

Corporate Risk Manager of the YearAdnan Abu Alhaija'a, Arab Orient Insurance Company | gig

Law Firm of the YearClyde & Co

Broker of the YearNexus Insurance Brokers

Reinsurance Broker of the YearChedid Re

Retakaful Company of the YearHannover ReTakaful 

Reinsurance Company of the Year - Zurich Insurance Company Ltd

Personality of the YearAlaa El- Zoheiry, Arab Misr Insurance Group | gig


The Judging Panel

•Mr Abdul Khaliq R Khalil, Secretary General, General Arab Insurance Federation (GAIF)

•Dr Adel Mounir, Secretary General, Federation of Afro-Asian Insurers and Reinsurers (FAIR)

•Dr Bassel Hindawi, Chairman/ CEO, DIFC Insurance Association

•Mr Fareed Lutfi, Secretary General, Emirates Insurance Association

•Mr Omer Hassan Elamin, Group President, Orient Insurance

•Mr Christos Adamantiadis, Chief Executive Officer, Oman Insurance Company

•Mr Jason Light, Chief Executive Officer, Emirates Insurance Company

•Mr Mark Cooper, General Representative Middle East, Lloyd’s Limited, Dubai

•Mr Peter Englund, Head of Commercial Insurance Middle East, Zurich Insurance Company Ltd

•Mr Osama Abdeen, Chief Executive Officer, Abu Dhabi National Takaful Company

•Mr Yassir Albaharna, Chief Executive Officer, Arab Insurance Group (Arig)

•Mr Farid Chedid, Chairman & CEO, Chedid Re

International Judges

•Mr Michael J Morrissey, President & CEO, International Insurance Society

•Mr Robert Pain, Chairman, Association of International Life Offices (AILO)

•Dr Peter F Hugger, Chief Executive Officer, Echo Reinsurance

•Dr Roger Sellek, Chief Executive Officer, A.M. Best – EMEA and Asia Pacific


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