Complex Made Simple

MEIR launches inaugural Middle East Insurance Industry Awards

Middle East Insurance Review (MEIR) is launching the first Middle East Insurance Industry Awards (MIIA), co-branded with the DIFC to recognise and salute excellence in the industry.

The MIIA, modelled after the internationally acclaimed Asia Insurance Industry Awards, now into its 18th year, is fully transparent with defined criteria for the 15 categories. The integrity of the MIIA system is underpinned by a panel of 22 distinguished Judges drawn from local, regional and international insurance leaders. Scores will be tabulated and audited by independent auditors EY.

“It is time for the insurance industry in the Middle East to come together, regardless of whether they are local, regional, MNCs or international players in the region, to salute excellence and active contribute to the insurance industry’s march towards greater professionalism and higher standards,” said Mr Sivam Subramaniam, Editor-in-Chief of MEIR.

“We dare to dream, and we hope that this dream will inspire and excite insurance professionals and companies to be brave enough to take part in the Awards, or nominate their friends and competitors who are really doing something different. The Middle East is booming and there are many companies and individuals going that extra mile to make a difference,” he added.

Nominations are open for three months, during which individuals or companies can nominate themselves or third parties for any of the awards. There will be two rounds of Judging and the Judging day will be on 14 October, with the results kept secret until the Gala Dinner on 17 November 2014, to be held in Dubai in conjunction with the MENA Rendezvous.

The awards categories are:
Life Insurance Company of the Year
General Insurance Company of the Year
Innovation of the Year
Social Media Initiative of the Year
Service Provider of the Year
Law Firm of the Year
Loss Adjuster of the Year
Corporate Risk Manager of the Year
Broker of the Year
Reinsurance Broker of the Year
Reinsurer of the Year
Personality of the Year
Family Takaful Company of the Year
General Takaful Company of the Year
Retakaful Company of the Year

The Judging Panel comprises:

Regional Judges
Mr Abdul Khaliq R Khalil, Secretary General, General Arab Insurance Federation (GAIF);
Mr Fareed Lutfi, Secretary General, Emirates Insurance Association;
Mr Younis Al Sayed, Chairman, Bahrain Insurance Association;
Mr Fateh Bekdache, General Manager, AROPE Insurance;
Mr Jason Light Chief Executive Officer, Emirates Insurance Company;
Mr Mahomed Akoob, Managing Director, Hannover ReTakaful;
Mr Mark Cooper, Director, Insurance, Reinsurance & Captives, Dubai International Financial Centre Authority;
Mr Mario Valdes, General Manager, Gulf, MetLife Alico MEASA;
Dr Michael Bitzer, Chief Executive Officer, National Health Insurance Company – Daman;
Mr Steve Dixon, Regional Managing Director, ACE Group MENA Regional Office;
Mr Walid A Sidani, Chief Executive Officer, Abu Dhabi National Insurance Company;
Mr Yassir Albaharna, Chief Executive Officer, Arab Insurance Group;
Dr Bassel Hindawi, former Insurance Commissioner, Insurance Commission of Jordan; and
Mr Fahad Al Hesni, Chief Executive Officer, Saudi Reinsurance Company.

International Judges
Mr Ashok Kumar Roy, Chairman-cum-Managing Director, General Insurance Corporation of India;
Mr Geoff Riddell, Regional Chairman, Asia Pacific, Middle East & Africa, Zurich Insurance Group;
Dr Kai-Uwe Schanz, Representative, The Geneva Association;
Mr Michael J Morrissey, President & Chief Executive Officer, International Insurance Society;
Mr Patrick Liedtke, Managing Director & Head of Financial Institutions Group – EMEA, BlackRock;
Dr Peter F Hugger, Chief Executive Officer, Echo Reinsurance Limited;
Dr Roger Sellek, Chief Executive Officer, A.M. Best – EMEA & Asia Pacific; and
Dr Sandy Scott, Director General, Chartered Insurance Institute.

For more details, contact:
Ms Jennifer Chee
DID: (65) 6372 3189