EC3 Brokers MEA has appointed Munich Re’s Serge Calfa to the newly-created role of regional director of treaty, effective June 1st, 2019.
In this role, Calfa reports to Steve Hart, Senior Executive Officer, and is based in the company’s Dubai office.
London-headquartered EC3 Brokers announced the launch of its Middle East and Africa division in January 2019, which is based in Dubai’s International Finance Centre and which builds on its operations in the UK and the U.S.
Calfa brings more than two decades of experience to the role, having joined from reinsurance giant Munich Re in Dubai, where he most recently served as a senior manager responsible for developing the MEA region. Prior to Munich Re, Calfa held a number of different positions with Saudi General Insurance Company, and was also head of operations for INAYA Administration and Underwriting Agency.
“This is a great opportunity for EC3 Brokers to advance in a competitive landscape and propel in all lines of reinsurance business. With my experience in personal lines products and my reach across the region, I’m excited about building EC3 Brokers’ growing portfolio,” said Calfa.
He will be tasked with leading on all treaty business for the firm’s clients with a focus on health & life treaty, which EC3 Brokers notes is becoming increasingly important in the region as a result of the privatisation of healthcare and also increasing premiums.
Hart added: “Serge has an unparalleled reach within the region. His ability to build relationships and develop new products enables us to tailor to clients’ more specifically and enhance our broking services without being restricted to specific products. There aren’t many Serges in the market, so this new role is exciting and something outside the box for EC3 Brokers.”