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INsURANcE sUmmIt

3rd ANNuAL MiddLe eAst ANd AFriCA

14 15 JANUARY 2013, DUBAI, U.A.E

REAsONs tO AttEND
Under the Patronage of
iNAugurAL KeyNote by HIs ExcEllENcY ENg. sAlEH BIN RAsHID Al DHAHIRY EmIRAtEs INsURANcE AssOcIAtION | ChAirMAN oF the boArd gUlf INsURANcE fEDERAtION Chairman of the exeCutive CounCil | representative of uae insuranCe market
Dynamic CEO Panel Discussions Transform your Insurance and Re-Insurance strategies Gain real time updates on Takaful Build an effective risk management strategy Evolve- opportunities to upgrade the technology systems Learn Trends, Opportunities & Challenges in Bancassurance Get insights on M & A strategies Build an effective Corporate Governance Strategy Hear best practices to function post Arab Spring

oPeNiNg KeyNote sPeeCh HER ExcEllENcY fAtImA mOHAmmED IsHAq Al AwADI UAE INsURANcE AUtHORItY Deputy DireCtor General

Officially Supported by

LuNCh sPoNsor

reguLAtory ANd Advisory PArtNer

AssoCiAtioN

MediA PArtNers

Sponsorship enquiries: Tel: +91 9008984840 / Fax: +91 80 39919099 Email: rameem.mohammed@fleminggulf.com, www.fleminggulf.com

OUR PREstIgIOUs sPEAKER PANEl

Irshied tayeb, Bin shabib & Associates Regional Head of Insurance Services Department MENA fareed lutfi, Emirates Insurance Association Secretary General waleed mahmood, Bahrain Insurance Association Vice Chairman, Bahrain Kuwait Insurance Co., General Manager Rana tahboub, Jordan Insurance commission Director General laila Al Jassmi, Dubai Health Authority CEO- Health Policy and Strategy Sector fatai lawal, sterling Assurance MD/CEO; West African Insurance Companies Association (WAICA), former President Ajmal Bhatty, tokio marine middle East limited President & CEO michael gertsch, gulf Re Ceo mohammed El Dishish, Nile takaful Ex-Chairman & CEO Oussama Kaissi, watania Ceo Parvaiz siddiq, Noor takaful Ceo Patrick choffel, Oman Insurance company Ceo Ravi shankar, Oman United Insurance company sAOg Ceo sameer Al wazzan, Al Khazna Insurance co Ceo silvan said, gulf Insurance Institute Ceo Dr. stiftl ludwig, munich Re Head-Competence & former CEO tayseer treky, Oman Reinsurance co Ceo Abu Jahed Ahad, masdar Head of Enterprise Risk Management Amol shah, first gulf Bank group Business Head Bancassurance KK Jayarajan, Al fujairah National Insurance co. Deputy General Manager

OUR ExPERt ADVIsORY PANEl

Rana tahboub, Jordan Insurance commission Acting Director General Iqbal mankani, Dubai Islamic Insurance & Reins. co (Aman) Former COO Dr. stiftl ludwig, munich Re Head-Competence Irshied tayeb, BsA Regional Head of Insurance Services Department MENA christos Adamantiadis, chartis Managing Director, Arabia fatai lawal, west African Insurance companies Association (wAIcA) President KK Jayarajan, Al fujairah National Insurance co. Deputy General Manager shyam sankar, medgulf Allianz takaful Regional Head - Bancassurance, Brokerage and MarCom Ehtesham siddiqui, lifePlus Insurance Brokerage llc Director- Business Development, Former Head- Bancassurance at Noor Takaful

EVENt OVERVIEw
Insurance markets in the Middle East and Africa continue to experience a period of significant change as leading industry players implement re-tooled strategies to tap into the enormous growth potential that the region offers. While the regional insurance markets remain under-developed relative to international norms, experts project exciting growth rates over the next few years - and the leading industry players are now looking to translate this huge growth potential into reality. This Summit will address the burning issues and challenges faced by the MEA and brainstorm on solutions that will achieve the vision to have a Regulated, Consolidated and Lucrative business model ensuring a step ahead to see the Middle East and Africa achieve their vision for a liberalised economy.

wHO sHOUlD AttEND?

Job titles: Chief Executive Officer Chief Financial Officer Chief Operating Officer President Vice President Governor Managing Director General Manager Directors and Heads of Insurance & Bancassurance Underwriters Business Strategy & Development, Channel Distribution Retail & Branch Network Product & Service Development/Innovation Customer Relationship & Segmentation Sales & Marketing, Strategy & Planning, Pensions

Sponsorship enquiries: Tel: +91 9008984840 / Fax: +91 80 39919099 Email: rameem.mohammed@fleminggulf.com, www.fleminggulf.com

DAY 1, 14 JANUARY 2013

8:30 8:50 8:55 9:00 9:30 Registration and coffee welcome note from fleming gulf Opening remarks from the Event chair

13:00 14:00

Prayer Break & luncheon modernising the It infrastructure of Insurance companies

Current IT challenges faced by the companies Finding innovative solutions to curb costs Driving increased customer satisfaction through electronic data capture

14:30 H.E. Eng. saleh Bin Rashid Al Dhahiry, Emirates Insurance Association, chairman
oPeNiNg KeyNote heALthCAre KeyNote current Developments of the middle East Heath Insurance sector and the path ahead.

Optimising Enterprise Risk management solutions

Explaining the Risk Management vs Insurance dichotomy Illustrating how an ERM solution can optimize your Insurance requirements Calling the MEA Insurance Sector to reward better risk management

Overview of the Middle East Heath Insurance sector The current developments Strategies for the path ahead

Abu Jahed Ahad, masdar Head of Enterprise Risk Management

15:00 15:30 Evening coffee and Networking the African Insurance Industry Outlook- what can the middle East gain from them?
Current market scenario Challenges faced and proposed solutions

laila Al Jassmi, Dubai Health Policy CEO- Health Policy and Strategy Sector
10:10 10:30 morning coffee and Networking cEO PANEl - the middle East Economy scenario- what it spells for the Insurance sector?
ME Insurance market scenario Major constraints faced Future vision to break the barrier

fatai lawal, sterling Assurance MD/CEO; West African Insurance Companies Association (WAICA), Former President
16:00 catastrophic losses and aftermath of the Arab spring
Solutions to bring about appropriate policies for the respective claim Combating Sabotage and Terrorism claims to help Insurance companies stay afloat

MODERATOR: Irshied tayeb, mENA, BsA Regional Head of Insurance Services Department PANELISTS: sameer Al wazzan, Al Khazna Insurance co, CEO tayseer treky, Oman Reinsurance co CEO waleed A mahmood, Bahrain Insurance Association Vice Chairman, Bahrain Kuwait Insurance Company, General Manager michael gertsch, gulf Re CEO
11:30
bAhrAiN KeyNote Overview of the Bahrain Insurance

Ravi shankar, Oman United Insurance company sAOg CEO

16:30 PANEl - catastrophic losses in the mENA region- Are we ready to face the heat?
Challeges created by Natural Catastrophies Learning from the civil disobedience Clearing the grey area between SRCC and Political Risks

Ravi shankar, Oman United Insurance company sAOg CEO Patrick choffel, Oman Insurance company CEO
17:00 Insuring the Oil & gas Exploration, Production, Refining, storage and transportation process in areas of conflict or civil unrest
Arranging insurance covers for a wide range of assets Covering various liability risks that arise at different stages of the process Optimum insurance covers

Industry
History of Bahrain Insurance Industry Composition of Bahrain Insurance market An overview of the contributions of Conventional Vs Takaful insurance Performance of various classes of Insurance Key highlights of the year 2011

waleed A mahmood, Bahrain Insurance Association Vice Chairman, Bahrain Kuwait Insurance Company, General Manager
12:00 the middle East outlook on corporate governanceNeed for Directors & Officers liability
Importance of Directors & Officers Liability Driving up Standards Protecting the assets

17:30 17:35

closing Remarks from the Event chair Networking cocktail reception

12:30

Unlocking the potential for life Insurance in the mEA

Increasing avenues for Innovative Health Policy models Unlocking huge potential of the Life sector Assessing the potential of insurance linked securities

Sponsorship enquiries: Tel: +91 9008984840 / Fax: +91 80 39919099 Email: rameem.mohammed@fleminggulf.com, www.fleminggulf.com

DAY 2, 15 JANUARY 2013

8:30 8:50 8:55 9:00 Registration and coffee welcome note from fleming gulf Opening remarks from the Event chair the latest development in the Regulation of UAE Insurance market
oPeNiNg KeyNote

13:00 14:00

Prayer Break and luncheon Outlook on the Energy Insurance sector

Focus on Upstream and Downstream division- The Underwriting Environment with Upstream and Downstream Industry Current challenges faced in meeting the requirements Further developments and proposed innovations

14:30

major marine Insurance developments in middle East and Africa

Present Market scenario Laying the path ahead- Assessment of the market expansion and impact on the Insurance sector

Her Excellency fatima mohammed Ishaq Al Awadi UAE Insurance Authority Depuy Director General
9:20 REgUlAtORY PANEl - Need to bring about effective m & As in the middle East
Solutions to curb the on-going Price War What is hindering M & As in the Middle East & Africa?

15:00

Analyzing the potential of special services and risk mitigation offered to Energy Insurance
Understanding risks and exposures for effective Insurance services in Onshore and Offshore Renewable Energy in the Middle East: Role of Insurance Analysing the growth of Insurance with growing technologies and quality teams in energy companies

fareed lutfi, Emirates Insurance Association Secretary General Rana tahboub, Jordan Insurance commission Director General
10:00 10:30 morning coffee and Networking cEO tAKAfUl PANEl- Overview of the mENA takaful Industry
Current Industry scenario Challenges related to Takaful Reinsurance Potential of Takaful application to conventional Insurance model

15:30 16:00

Evening coffee and Networking 360 degree assessment of the mEA Bancassurance sector.
Having the bankers perspective- What do they need from Insurers? Working in tandem to provide innovative solutions to the customer Challenges faced in the distribution channels- Proposed solutions

Oussama Kaissi, watania CEO Ajmal Bhatty, tokio marine middle East limited President & CEO Parvaiz siddiq, Noor takaful CEO mohamed Hussein El-Dishish, Nile general takaful company Former Managing Director & CEO Dr. stiftl ludwig, munich Re Head-Competence & former CEO
11:30 Increasing the takaful pie- Bringing in innovations to infuse growth
Current limitations in the Middle East market penetration Insurance models that can be introduced in Takaful- When and Why?

Amol shah, first gulf Bank group Business Head Bancassurance

16:30 Pitfalls and traps in issuing local language -translated Policy wordings
Challenges faced by the Insurer Having the Insurance Authority to comply non-standard policy translations

KK Jayarajan, Al fujairah National Insurance co. Deputy General Manager

17:00 Building the competency framework within Insurance organizations
Competencies are a collection of knowledge, skills and attitudes necessary for achieving key results in a specific job or role in a particular organization. Insurance firms, whose success or failure largely depends on the quality of their human resources, need staff with a set of competencies who can help their organisations succeed and sustain a present and future competitive position in the market. This view is reinforced by regulators the world over, who are requiring the implementation of competency frameworks across the enterprise as a prudential control. This paper will address the salient features of an insurance competency framework that insurance organizations should seek to develop to face the challenges of the increasingly competitive market in the Middle East.

Ajmal Bhatty, tokio marine middle East limited CEO

12:00 managing relationship between policyholders & shareholders and investment of takaful fund
Islamic finance and its relevance to Takaful and Retakaful Investment management of Takaful Fund Income Purification process

mohamed Hussein El-Dishish, Nile general takaful company Former Managing Director & CEO, Nile Family Takaful Company, Former Chairman
12:30 growth of takaful in non-gcc countries
Learning from the growth of the GCC countries Replicating the UAE success story Can Takaful venture in non-muslim regions?

silvan said, gulf Insurance Institute CEO

17:30 closing Remarks from the Event chair
I would like to thank everyone who has helped with the research and organization of this event, especially the Speakers and Advisors for their support and commitment.

Huzefa Kathawala, conference Producer.

huzefa.kathawala@fleminggulf.com

Sponsorship enquiries: Tel: +91 9008984840 / Fax: +91 80 39919099 Email: rameem.mohammed@fleminggulf.com, www.fleminggulf.com

MEET OUR PRESTIGIOUS SPEAKERS

Her Excellency Fatima Mohammed Ishaq Al Awadi, United Arab Emirates Insurance Authority Deputy Director General
H.E. Fatima Al Awadi is one of UAEs officials who have been earnestly striving to set the United Arab Emirates in the path of progress, excellence and headship, at a time; she is deemed the patron of numerous salient achievements in the public sector, particularly those in the insurance sector. She started her career as head of the insurance section of the Ministry of Economy following her graduation at the university with accounting and business administration majors. Her name came to light upon establishing UAEs Insurance Authority in 2007 as she took up the post of the Deputy Director General. Her distinguished efforts during her professional tenure led the insurance sector to attain several achievements could be clearly perceived in the field of organizing the legal, technical, financial and human resources aspects of the insurance sector. She took part in devising and enacting many distinct legislations, laws, and regulations not only in UAE but also in other parts of the Gulf region. As a result, UAE insurance sector regionally excelled and pioneered at a time the Insurance Authority became member of a number of regional and international forums, institutions and organizations. Since the onset of her work life, Her Excellency proved to be competent in the field of administrative and governmental aspects. She chaired several governmental committees on insurance, Emiratization and training. Her skills and experience have been employed in several governmental committees on financial and economic issues and as well in the joint committees between UAE and a number of countries such as Britain. In fact, she is deemed a prominent member of the UAE-UK Joint Committee. Further, Her Excellencys experience has been extended to render assistance to several Arab, regional and international conferences as well as to aspects of women development a matter gaining priority in her administrative and professional thought. In fact, she is a vigorous enthusiastic member in Emirates Business Women Council. Additionally, she eminently and distinguishably contributed in volunteer works by joining numerous boards of voluntary and social institutions and societies. Throughout her professional tenure, Her Excellency was awarded a number of certificates of appreciation from governmental and non- governmental bodies inside and outside UAE.

Fareed Lutfi, Emirates Insurance Association Secretary General

Currently Director -Insurance Services, Dubai Holding, Chairman and Senior Executive Officer of DHIS (a captive company based in DIFC), Board Member and Audit Committee member of Oman National Investment Corporation Holding, Board member and Chairman of the Audit Committee of National Life & General Insurance Company, both based in Oman. Board member of Gulf Warranties Company, Board Member of Gulf Assist, both based in Bahrain, Board member and Chairman of the Audit Committee of Al Fajer Retakaful Company, Kuwait, And Holds the dual position of Secretary General of the Emirates Insurance Association, and Secretary General of the Gulf Insurance Federation; Joined Dubai Holding clusters in February 2007. Previously to my current position with Dubai Holding I was president of Dubai Insurance Group and Managing Director-Insurance, with Dubai Financial Group, both part of Dubai Group and Former vice Chairman of Dubai Group Sigorta, Turkey. Former General Manager of Dubai Islamic Insurance and Reinsurance Company (AMAN) to which I established the company while in my role as General Advisor for Dubai Islamic Bank and The Investment Office. I was a Board Member of Dubai International Financial Centre (DIFC), former Director and CEO, Alliance Insurance, Dubai, My career began with ARIG Arab Insurance Group in 1981 through 1996, setting up and managing the London Contact office from 1982 to 1986. With over 30 years of experience, holds a bachelors degree in marketing management and economics from Oglethorpe University, Atlanta, Georgia, USA.

Mohamed Hussein El-Dishish, Nile General Takaful Company Former Managing Director & CEO, Nile Family Takaful Company, Former Chairman
Mr. El Dishish possesses over 35 years of wide experience and exposure in the field of insurance, finance, mergers, and acquisition. Mr. El Dishish was instrumental in starting up a green field operation, Nile Takaful in Egypt, developing its 7 branches and its 700 employee work-force, all within 3-years. He headed the Financial, Compliance & AntiMoney Laundering function at Takaful Re Limited. Mr. El Dishish headed the Operations Management Function at Arab Insurance Group. He had a long and illustrious career in several senior management positions at Ernst & Young in Egypt and subsequently in the United Kingdom. He also served for National Company for Co-operative Insurance in various senior management positions. In addition, he is frequent speaker at various seminars and conferences focusing on Takaful & Islamic Investments. Mr. El Dishish has served as a member of the board of directors of a number of insurance companies throughout the Arab World including Morocco, Tunis, Lebanon, Jordan and Egypt.

Rana Tahboub, Jordan Insurance Commission Director General

Mrs Tahboub was appointed as the Director General of the Insurance Commission (IC) of Jordan in June 2012. Joining the IC in 2001, Mrs. Tahboub held several positions starting as a Financial Analyst, then as Director of the Technical and Financial Supervision Department, before resigning from the (IC) in 2006 and rejoining it in 2008 as Deputy Director General. Her work contributes to the implementation of the strategies of the Commission towards regulating and developing the insurance sector. From 2006-2007 Mrs. Tahboub joined the Deposit Insurance Corporation. In her capacity as the Director of the Insurance & Risk Management Department she devised a strategy that led to promoting market discipline and strong risk management at banking organizations and worked towards improving the deposit insurance policies adopted by the corporation, in such ways that promote market discipline and strong risk management at the banking sector. Prior to 2001 Mrs. Tahboub worked at the Bank Supervision Department for Central Bank of Jordan. Mrs. Tahboub hold an MBA degree in Accounting. Her Board memberships and affiliations include, amongst others, Member of the National Anti Money Laundering Committee and Member of the Higher Regulatory Commission for Chartered Accountants.

Patrick Choffel, Oman Insurance Company Ceo

Patrick Choffel is the CEO of Oman Insurance Company. Prior to this from the period of 2009- 2011 he had his ow consultancy and played key roles with Banque Rothschild, Petrovietnam and UIB, Solidarity and CV Star. Mr Choffel has been associated with AIU for 40 years serving various Senior management roles in the different divisions-globally. He has been part of AIU Saudi Arabia, Paris, Spain, Australia, Beirut and West Africa.

Michael Gertsch, Gulf Re Ceo

Michael Gertsch was elected Chief Executive Officer on 1st March 2011 after serving as the companys Chief Underwriting Officer since its establishment in 2008. He has been employed in the insurance industry for over 20 years holding various treaty and facultative underwriting positions at General Re and Swiss Re UK before moving to PartnerRe in 1999 to lead their facultative property portfolio. He was responsible for re-defining a new strategic direction as well as establishing the respective processes and controls. Most recently, Michael held the position of Deputy Head of Specialty Lines, managing PartnerRes worldwide industrial Property, Energy and Engineering treaty and facultative operations.

Mr. Waleed A Mahmood, Bahrain Insurance Association Vice Chairman, Bharain Kuwait Insurance Company, General Manager
Mr. Mahmood is the Vice Chairman of BIA and also the General Manager of Bahrain Kuwait Insurance Company (BKIC). He joined BKIC in February 2005. He has been the member of Board of Directors of Gulf Assist, Bahrain. He has been the ex-General Manager of United Insurance Co., Bahrain. Also been the member of Board of Directors & Head of HR &PR Committee of Bahrain Insurance Association and also the member of Board of Directors and member of Executive Committee of Co-ordination Commission for Gulf Insurance & Reinsurance Companies. Mr. Mahmood has a total 21 years of experience, of which 15 years have been in Insurance Industry

Laila Al Jassmi, Dubai Health Authority CEO- Health Policy and Strategy Sector
Ms Laila is the CEO of Health Policy and Strategy sector at Dubai Health Authority (DHA). She is responsible for the development of the policy and legislation for the health system in the Emirate of Dubai driven from Dubai Strategic Plan (DSP) 2015. Overseeing the implementation of the DHA Health strategy and conducting sector planning and forecasting. The sector will be involved in setting standards and policy for the healthcare across Dubai. This to assure that Dubai develops a world class health system, high quality Public Health and healthcare service provision. Placing Dubai at the world health map is the main drivers for this sector. Having worked for the Dubai Health Authority, she has extensive knowledge of the healthcare systems, Health reforms, strategic direction, planning and delivery of healthcare services. She was leading the process of the Dubai health reform that took place in 2007 and changes the structure and the role of Department of Health & Medical Services to Dubai Health Authority. Laila is a graduate from the College of Allied Health Science and Nursing in Kuwait University and in 2007 secured her Masters in Executive Healthcare Administration from Zayed University. Also she is a graduate of Sheikh Mohammed Bin Rashid leadership program 2003. She has been awarded certificates of appreciation including the Dubai Government Excellence Award (distinguish employee 2009) and the Sheikh Rashid Award for Scientific Outstanding (2008). She was also awarded the Feigenbaum Excellence Leadership Award for Womens leaders 2011.

Oussama Kaissi, Watania Ceo

Mr. Oussama Kaissi is the Chief Executive Officer of National Takaful Co. P.S.C. Watania. Mr. Kaissi has over 23 years of diverse experience in the Insurance and Takaful industry, heading operations for Arab Insurance Group, ARIG (Manama, Bahrain), Arab Lebanese Insurance Group (Beirut, Lebanon), Al Ahlia Insurance Company (Manama, Bahrain), Abu Dhabi Islamic Bank (ADIB - UAE), Abu Dhabi National Takaful Company (TAKAFULUAE) and presently in National Takaful Company Watania since February 2010. Mr. Koussi has graduated from Indiana University, USA with a degree in Bachelor of Sciences in Economics, International Finance and Management in 1987 and in Social Studies in 1993.

Parvaiz Siddiq, Noor Takaful Ceo

Parvaiz Siddiq is the CEO of Noor Takaful. He has a vast experience of 28 years in the Insurance industry having worked in leadership roles within the Insurance industry in UAE, Saudi Arabia and Pakistan. Before joining Noor Takaful, he was the General Manager of SALAMA- Islamic Arab Insurance Company, the largest Takaful and Re-Takaful Group in the world. He started his career in the insurance industry in 1983 with Adamjee Insurance Company, the largest insurance company in Pakistan. He is an MBA, a Fellow of Chartered Insurance Institute UK and an Associate Fellow of Institute of Islamic Banking and Insurance UK. He has also been a prominent speaker on the topic of Takaful at various conferences and events.

Sponsorship enquiries: Tel: +91 9008984840 / Fax: +91 80 39919099 Email: rameem.mohammed@fleminggulf.com, www.fleminggulf.com

MEET OUR PRESTIGIOUS SPEAKERS

Sameer Al Wazzan, Al Khazna Insurance Co Ceo
Mr Sameer Ebrahim Al Wazzan is currently the CEO of Al Khazna Insurance Co. encompassing a vast experience of over 32 years in the Insurance industry. Mr. Al Wazzan is also the Board Member of Saudi National Ins. Co., Bahrain, Board Member of Al Madina Insurance Co., Oman, Board Member of Doha Bank Assurance Co. Qatar and Member of the Insurance Advisory Board, Insurance Authority, Abu Dhabi, UAE. In 2009, Mr. Al Wazzan was awarded the Honor of Best Insurance Man of the Middle East by the Central Bank of Bahrain. Mr. Al Wazzan founded the Bahrain Insurance Association in 1986 and Chaired it from 2004 until 2008. He is the Founder and Board Member of the Bahrain Management Society, the Coordination Committee for Gulf Insurance and Reinsurance Association in 1984 and was a Board Member until 2008. He was the CEO of Solidarity Holding Group in Bahrain from 2003 to 2009, General Manager of Bahrain Kuwait Insurance Company from 2000 to 2003, General Manager of National Insurance Company in Bahrain from 1982 to 2009, and Chairman of Islamic Takaful and Re Takaful Co. in the Bahamas from 2003 to 2009. He was Chairman of the Board Solidarity Family in Egypt from 2008 to 2010, Chairman of Takaful Insurance Co. in Bahrain from 2003 to 2009, Vice Chairman of Arab War Risk Insurance Syndicate from 2000 to 2008, Board Member of General Arab Insurance Federation from 2000 to 2008, Member of Human Resources Development Fund Board of Trustees from 2006 to 2008. He was Member of the Committee of Arbitration, Bahrain Chamber of Commerce and Industry in 2010 and a member of the High Specific Council for Vocational Training, Banking Sector from 2006 to 2008. Mr. Al Wazzan is a graduate of Executive Management Diploma at the Bahrain University in 1998. He has taken Management Courses at Stanford University, USA in 1988 and Manchester Business School, UK in 1986, HND at Huddersfield Business Polytechnic, UK in 1982 and OND at Swansea Polytechnic, UK in 1979.

Ravi Shankar, Oman United Insurance Company SAOG Ceo

Mr. Ravi Shankar started his carrier as a direct recruit officer of New India Insurance Company - Indias largest non-life Insurance Company - where he held various senior assignments, including Country Manager Oman. In 2004 he quit New India and took over as C.E.O. of P n b Principal Insurance Advisory Company - a joint venture Company of Principle Financial Group of USA, Punjab National Bank and Vijaya Bank, the two largest Public Sector Banks in India. In 2006, he moved over to Oman to set-up Al Madina Gulf Insurance Company S.A.O.C. Currently he is the C.E.O. of Oman United Insurance Company S.A.O.G, one of the largest composite insurance Company of the Sultanate of Oman. In his long career he has been exposed to the entire gamut of the insurance industry- be it technical, legal, marketing and distribution of non-life and life insurance. He has been invited as key-note Speaker in various international Insurance Seminars, including World Bank sponsored Seminar on Disaster Management, First and Fourth Asia Conference on Bankassurance in Mumbai and Singapore respectively.

Abu Jahed Ahad, Masdar Head of Enterprise Risk Management

Mr Abu Jahed is currently the Head of Enterprise Risk Management at Masdar (Abu Dhabi Future Energy Company). A risk professional with 20 years construction industry experience, his success over the last decade in making risk management work within various sectors, can be attributed to his strong business acumen, ability to connect with people and his natural flair for communication at all levels. He has designed, deployed and operated international best practice methods to risk management as a Design Consultant, a Contractor and a Client, building a track record of creating a risk aware culture within different types of organisations. In a recent business transformation in Abu Dhabi, he received an accolade from an independent audit, acknowledging his leadership to the successful introduction of risk management. He is a popular speaker at risk management events in the Middle East and his work in Abu Dhabi has become a reference point for what great risk management looks like. Mr. Abu Jahed graduated from the City University, UK with a degree in Bachelor of Civil Engineering in 1992. He obtained his Masters of Business Administration from the London Metropolitan University, UK in 2006, and has professional memberships with the Chartered Management Institute UK and the Institute of Risk Management UK.

Fatai Lawal, West African Insurance Companies Association (WAICA) President

Mr Fatai Kayode Lawal is the Managing Director/Chief Executive Officer, Sterling Assurance Nigeria Limited and current President of West Africa Insurance Companies Association (WAICA). Mr Lawal is also a Council member of both Chartered Insurance Institute of Nigeria and Nigeria Insurers Association. He is an ambassador of the International Insurance Society Inc., USA. A director of Golden Capital Plc and Golden Securities Ltd. With over twenty five years post qualification experience spanning across Insurance Broking, Direct Insurance, and Reinsurance. Mr Lawal worked for Glanvill Enthoven and Continental Reinsurance Co. Ltd. before assuming the Chief Executive position of Refuge Insurance Co. Ltd.(1993-1999) and later Universe Reinsurance Company Limited (1999-2007) before it was merged with Sterling Assurance Nigeria Limited. Mr Lawals credentials include: Fellow, Chartered Insurance Institute of Nigeria. Fellow, Chartered Insurance Institute, London. MBA University of Lagos. Bachelor of Science Degree in Insurance, University of Lagos. Alumnus Lagos Business School (CEP 13). Mr Lawal is widely travelled and happily married.

Mr. K.K.Jayarajan, Al Fujairah National Insurance Company Deputy General Manager

Mr.K.K.Jayarajan has built up his career in Insurance, spanning over 34 years in different Insurance Companies in the GCC countries and in India, starting with United India Insurance Company in 1978, working in various middle Management positions. In 1995, he moved to the UAE and joined Al Dhafra Insurance, Abu Dhabi, followed by Dubai Insurance, Dubai and Al Khaleej Insurance Company, Qatar. In 2003, he joined Al Fujairah National Insurance Co. Mr. Jayarajan, in addition to being a Chartered Insurer, is a Fellow of the Chartered Insurance Institute (FCII), London as well as Chartered Property Casualty Underwriter (CPCU) of the AICPCU, USA. He is also a Fellow of the Insurance Institute of India (FIII) and an Associate in Reinsurance (ARe) of the Insurance Institute of America. On the academic side, he is a Graduate in English Literature and an MBA in Marketing. Mr. Jayarajan has to his credit the unique position of being the Inventor & Patent Holder of the Worlds first Insurance ATM, now installed in various Petrol Stations of ENOC and EPPCO in Dubai. Further, he is a Recipient of Cash Award from the Emirates Insurance Association in 2007 for submission of his Paper Ceasefire Strategy which dwells upon an effective strategy to manage & control Warehouse Losses that have become a nightmare for Insurers in the UAE.

Ajmal Bhatty, Tokio Marine Middle East Limited Ceo

Ajmal Bhatty is President and CEO of Tokio Marine Middle East which is a global hub of takaful for Tokio Marine Group. Previously, Mr. Bhatty served in senior positions in HSBC as Global Head of Takaful, at Takaful International Bahrain as its CEO and in Arab Insurance Group Bahrain and the Old Mutual in the UK. He has supported takaful industrys development and promotion vigorously and untiringly for more than 20 years and carried out pioneering research work leading to invaluable insights into quantifiable takaful potential and its progress and growth in key markets of Asia Pacific and the Middle East. He has keen interest in Micro-takaful and supports the development of this sector around the world. Tokio Marine has the largest micro- insurance policy in the world through its insurance arm in India, Iffco-Tokyo.

MEET OUR PARTNERS

REINSURANCE GROUP OF AMERICA INCORPORATED (RGA)
Reinsurance Group of America, Incorporated (RGA) is a global leader in the life reinsurance industry, with approximately $2.8 trillion of life reinsurance in force. From its world headquarters in St. Louis, Missouri, U.S.A. and operations in 25 countries, RGA provides clients with expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development and financial solutions. Through 40 years of steady growth, RGA has become one of the worlds most highly respected reinsurers, recognized for its superior risk management expertise, innovative product design, and dedicated client focus.Most recently, RGA was named Reinsurance Company of the Year by the 2012 Australia Insurance Industry Awards, the third consecutive time RGA Australia has received this award. In Asia Pacific, RGA has subsidiary companies or offices in Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand, Singapore, South Korea and Taiwan. RGA also provides reinsurance services to clients throughout the Americas, Europe, Africa and the Middle East. www.rgare.com

Dr. Ludwig Stiftl, Munich Re Head Center of Competence for Retakaful

Ludwig Stiftl, born in Germany in 1964, studied business administration and oriental languages, most prominently Arabic, in Munich. After a diploma thesis on Islamic Banking in Egypt, he did his Ph.D. in Islamic studies on Yemeni Islamic parties, involving studies of Usul al fiqh, in Yemen and Berlin. He joined Munich Re in 2000, working in the Life department for Arab countries and subsequently in the Non-Life underwriting division as country manager for Pakistan and member of Munich Res Retakaful task force. In December 2007, Ludwig Stiftl moved to Kuala Lumpur as head of Munich Re Retakaful. In September 2009 he returned to Munich to head the Centre of Competence for Retakaful in the home office.

Tayseer Treky, Oman Reinsurance Co Ceo

Mr. Tayseer Treky, CEO of Oman Reinsurance Company SAOC - has more than 30 years of experience in the insurance and reinsurance industry. He held the post of Acting General Manager of Arab Reinsurance Company, Beirut, for a number of years before joining Oman Re. Mr. Treky joined Oman Re at its pre-operative stage and was heavily involved in setting the stage for the commencement of its activities in July, 2009. He holds an M.A. degree from the School of Oriental and African Studies at the University of London. He is widely traveled and has attended a large number of insurance and reinsurance seminars, workshops and training courses. He has authored and translated a few books on insurance, risk management and takaful insurance. Mr. Treky started his career in the Libyan Insurance Market where he held several responsible positions before moving to Arab Re in Beirut in Year 1992.