In a strategic move aimed at solidifying its standing as a premier provider of insurance and reinsurance solutions in the MENA Region, ELAM Insurance Group – Insurance & Reinsurance Solutions announced its expansion in Cyprus.
The establishment of SAYA Reinsurance Brokers LTD (SAYA RE) marks a pivotal step in the company’s growth, further emphasising its commitment to delivering top-notch B2B services.
The newly appointed Managing Partner/CEO of SAYA RE, Maroun Al Rassi, brings a wealth of experience to the role.
With a focus on specialised reinsurance brokerage, SAYA RE will primarily support group captives and partners dealing with specific and complex Classes of Businesses, including but not limited to Jewellery/Fine Art, Financial Lines, Yachts, Cargo, High-Value Vehicles, and Medical Insurance for expatriates.
The company aims to provide ample reinsurance capacities and top-notch claims services across various lines of businesses.
This approach is designed to empower partners to enrich their portfolios and strengthen their businesses in the ever-evolving insurance landscape, the company noted.
