Reinsurance News

Brokerslink drives Middle East growth by adding AIC to its network

26th October 2022 - Author: Jack Willard

Global broking business, Brokerslink, has announced that it has added Associated Insurance Consultants (AIC) from the United Arab Emirates (UAE) to its global network as an affiliate, giving the network local broking expertise in eight Middle Eastern countries.

brokerslinkLaunched in Beirut, Lebanon in 2001, AIC is headquartered in Abu Dhabi and operates in 13 countries across the Middle East region.

The company will now represent Brokerslink in Bahrain, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, UAE, and Jordan.

AIC is led by Group CEO Walid Nehme who joined the business in 2007. Since joining the business, Nehme has helped grow the company to 156 employees, that represent over 30,000 insureds and $58 million in annual premiums.

The broker’s core lines of business include Property, Casualty, Marine, Engineering, and Employee benefits.

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At the same time, AIC works in a range of personal lines which cover life and non-life products and specialty lines which include Bloodstock, Cyber and Political risks.

“We are very pleased to announce the further expansion of Brokerslink into the Middle East through our newest global affiliate, AIC. Their knowledge and expertise of working with local brokers throughout 8 countries in the Middle East will be a significant asset to Brokerslink,” said José Manuel Fonseca from Brokerslink.

“I am looking forward to working with the other companies within the Brokerslink network. This represents a strong opportunity to build new business partnerships for AIC, and add value and opportunities for the network across the Middle East,” added Nehme.

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