Posted on 07 Mar 2011
Willis Re, the reinsurance arm of global insurance broker Willis Group Holdings last week announced that it has established an on-the-ground presence in the Middle East by appointing Atish Suri as a Divisional Director in Dubai. Suri will be dedicated to servicing the reinsurance broker’s business in Kuwait, Qatar, United Arab Emirates, Bahrain, Saudi Arabia and Oman in conjunction with the London reinsurance team.
This position, effective immediately, is based in Willis’ Dubai retail office. Suri will report to Ahmed Rajab, Regional Director for Willis Re’s operations in the Middle East and North Africa. Suri has been at Willis for four years, and most recently held the same position in London. Prior to Willis, he worked at BMS International and at JB Boda.
One of the world’s leading reinsurance brokers, Willis Re is known for its world-class, applied Analytics capabilities, which it combines with its Capital Markets and Reinsurance expertise in a seamless, integrated offering that helps clients increase the value of their businesses. While Willis Re has serviced clients in the Middle East for many years, Suri is the Group’s first reinsurance resource to be posted locally.
On the retail insurance side, Willis has been in partnership with Al Futtaim, one of the Middle East’s leading business groups, for almost 35 years. Suri’s reinsurance capabilities will complement the existing services offered by Willis’ six retail offices in Dubai, Abu Dhabi, Bahrain and Saudi Arabia.
Commenting on the appointment, Rajab said, “This represents a very important step for Willis Re and reflects our wish to be even closer to our clients so we can have a better understanding of their business environment and the issues they face. Having a permanent presence in Dubai demonstrates our commitment to the region and will enhance our ability to deliver more effectively a wide range of analytical and transactional services to clients throughout the Middle East region.”
Paul Holmes, Managing Director, Al Futtaim Willis Middle East, said, “I'm delighted that somebody with the extensive knowledge and experience that Atish has is joining our team in the Middle East on behalf of Willis Re. His appointment is yet another capability build for Willis in a region that is very important to our business.”