Chedid Re (for Reinsurance Brokerage), a Chedid Capital Holding company, has won the Reinsurance Broker of the Year 2017 award at the 4th Middle East Insurance Industry Awards (MIIA) organized by Middle East Insurance Review (MEIR), at the Ritz Carlton Dubai.

Held in presence of the major regional and international personalities from the insurance industry, more than 250 regional and international companies participated in the awards, which were overseen by a jury of 16 renowned industry experts assessing 47 shortlisted companies divided into 16 categories.

Farid Chedid, Chairman and group CEO of Chedid Capital, received the award on behalf of Chedid Re: “The award crowns the efforts of a professional and dedicated team and shows a high level of competence and expertise which has allowed us to achieve great results.” Chedid added:“three main pillars are behind this success: continuous arduous efforts, transparency and attachment to professional ethics.”

Chedid confirmed that the group is expanding into new challenging markets and will consolidate its presence by following its values and fundamentals.

Chedid Re is the only official Lloyds Broker and the number one Reinsurance Broker in the Arab world. It has offices in Beirut, Dubai, Casablanca, Limassol, London and Riyadh and was selected as one of the top 20 Reinsurance Brokers in the world.

 

Source: MCS Action