Reinsurance News

Aon names Saudi Arabian CEO of Commercial Risk Solutions

29th June 2022 - Author: Matt Sheehan

Re/insurance broker Aon has announced the appointment of Samer AlFayez as CEO of Aon Saudi Arabia for the Commercial Risk Solutions in the Kingdom.

saudi-arabia-flag-mapPrior to joining Aon, AlFayez was Chief Executive Officer of Elite Insurance and Reinsurance Brokers.

He also served as Deputy President of the General Committee of Saudi Insurance Brokers for the Saudi Central Bank.

“Samer brings valuable expertise as a dynamic and respected senior leader who has a proven track record of navigating complex, rapidly changing environments,” said Vlad Bobko, CEO of Aon in Central and Eastern Europe and the Middle East.

“His experience across the insurance and broking sector encompasses a compelling combination of strategic planning, business development, underwriting, broking and client relations.”

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AlFayez also commented: “The Saudi market is growing rapidly and presents significant strategic opportunities. Shifts in technology, economics and geopolitics are creating unprecedented volatility and our work to help clients navigate these new challenges and identify, measure and manage risk exposure is increasingly relevant.”

“Aon is in the business of better decisions, and I look forward to working with the team to deliver exceptional value to our clients and stakeholders across the region,” he added.

Aon in the Middle East was established in 1985 and now operates across UAE, Bahrain, Oman, Qatar and Saudi Arabia, providing risk management services, insurance and reinsurance brokerage and human capital consulting in the region.

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