Charles Taylor InsureTech has opened an office in Dubai to meet the growing demand for technology-related business transformation programmes in the regional insurance market.
The move builds upon Charles Taylor InsureTech’s growth and success in European and Latin American markets. Success in the UK has seen Charles Taylor InsureTech appointed to provide a global delegated authorities platform for Lloyd’s which is at the centre of its digital transformation programme. In Latin America, Charles Taylor InsureTech has rapidly grown to become a dominant player, acquiring leading regional insurance technology business, Inworx.
Mr Jason Sahota, CEO of Charles Taylor InsureTech, said: “We believe there is a great opportunity for Charles Taylor InsureTech in the Middle East and North Africa.”
“This is a very exciting time as we continue to take the business forward and help our clients adapt to the challenges they are facing.”
The company has appointed Mr Shahid Safdar as managing director for the Middle East and North Africa regions. He joins from Takaful Emarat where he was chief digital officer, responsible for defining and executing the digital strategy transforming the company into a digital insurer.
Charles Taylor InsureTech, part of Charles Taylor plc, was established to help insurance businesses drive change through the delivery of technology-enabled solutions. It provides technology consultancy and software implementation.
Charles Taylor plc is a global provider of insurance-related technical services and solutions that support every stage of the insurance life cycle and every aspect of the insurance operating model. The company says that it has been providing insurance-related professional services and technological solutions since 1884. Today, it employs around 3,100 staff in around 120 locations spread across 30 countries in Europe, the Americas, Asia Pacific, the Middle East and Africa. For the P&C insurance market, it handles all major commercial lines, along with the more technical areas of personal lines; it does so similarly for the life and health insurance markets.