Solidarity strengthens division management team for further growth

Noel will assist in the management and operation of all aspects of the Family business. His core objective is to provide a competitive and comprehensive range of family related Takaful products, primed to the highest levels of service and suitability for individual customers' needs, across the globe.

Designed to operate in full accordance with the guiding principles of Islamic Shari'ah, the Solidarity Takaful Company is one of the top ten companies in the Arab world in terms of paid up capital. Solidarity is set to capitalize on the success of its opening years by continuing its expansion in to key international markets. To strengthen its current position and achieve the expansion strategy, Solidarity is in the process of increasing its paid up capital to US$ 275 million, and its authorized capital to US $500 million.

'Solidarity's mission is to be the leading Takaful Company globally by providing a wide range of saving, investment and protection Islamic insurance products to the highest degree of service possible,' said Rob King, General Manager, Solidarity - Family Takaful Division.
'The Takaful system is unique and relies heavily on the virtue of fairness to its consumers, the society and to the entrepreneurs bringing these products into the market.' Added Mr. King

On his appointment, Mr. Noel D'Mello commented 'Takaful, in its intended spirit, is a worthy social cause and attractive business opportunity. Family Takaful or Life Islamic Insurance provides prudent financial security along with investment opportunities not only to its policyholders, but also to the entire community.'

'I joined Solidarity senior management team as head of operations for the Family Takaful division since inception. As a group of experts, my colleagues and I were able to provide individuals in the international market with competitive means to self plan for their financial future; with the fact that these means comply with Islamic Sharia'h rules.'

Mr. D'Mello has over 15 years experience in the life insurance industry in the GCC, where 6 years in direct sales and 9 years in Management, giving him a balanced exposure to both sides of operations within a successful life insurance company. He is familiar with the customs and tradition of the region which will help in understanding individual customer's needs and designing plans to meet those needs.