Specialist insurer Alesco Risk Management Service (Alesco) has bolstered its presence in the Middle East and Africa with the hiring of Nadim Semaan as Partner. He is set to join in July and will report to Managing Partner, Simon Clarkson.
This is a newly created role within Alesco and will see Semaan work closely with the company’s multi-disciplinary and specialist teams across all business lines to further enhance its client proposition in the region.
Semaan joins from London-based insurers UIB, where he moved from an initial focus on energy to multi-line business development and complex programme structuring, including parametric covers, trade credit and political risks.
Commenting on the appointment, Clarkson said, “Alesco has always focused on investing in the best talent available in order to continually improve its client proposition in an expanding range of specialist risk areas and geographies.
“Bringing Nadim into our team is a fantastic example of that investment, as we look to expand in the Middle East and Africa. His deep experience and knowledge of those markets, multilingual skill set and track record for developing and delivering complex risk transfer programmes to support clients’ businesses, all set him apart.”
Nadim added, “Alesco has built an impressive mix of specialists dedicated to servicing the dynamic and diverse needs of its clients, and it’s exciting to be joining a broker with an entrepreneurial culture and team that often breaks new ground in support of those clients.
“I’m very much looking forward to helping Alesco expand its presence in the Middle East and Africa, and ensuring its risk transfer solutions meet the fast-evolving needs of businesses in the region.”
