Fenchurch Faris Insurance Services (Oman), an offshoot of the Greece-based Fenchurch Faris Brokerage, has been appointed as insurance consultants by Oman's Tender and Local Content Authority (PTLCA) to support the review of insurance arrangements and develop an insurance work strategy for government projects.
“This appointment reflects Fenchurch Faris’ expertise in complex risk advisory and professional consultancy, as well as our commitment to delivering robust, value-driven insurance solutions and advisory aligned with international best practices,” the insurance brokerage said in a statement last week.
The move comes after Fenchurch Faris announced the launch of its new office in Istanbul, Turkiye, to capitalise on market growth and to focus its reinsurance expertise on a new region.
Mr Murat Cem Caglayan has been named as General Manager – Country Manager of the Fenchurch Istanbul office. He previously held senior positions in Turkiye, most recently as Deputy General Manager-Sales and Marketing at Dubai-based Sukoon (then known as Oman Insurance).