Optio Group, the specialty Managing General Agent (MGA), continues to fortify its presence in the Middle East and North Africa (MENA) region with the recent appointment of Wael Mohsen as the Managing Director of Broking and General Lines for Optio Re MENA Ltd.
Based in Dubai, Mohsen’s appointment is effective immediately. Bringing nearly three decades of industry experience to the table, Mohsen’s primary focus will encompass property & casualty, energy, construction, cyber, and medical malpractice lines.
Reporting directly to Dr. Ahmed Ramadan, CEO of Optio Re and Global Head of Accident & Health (A&H), Mohsen’s strategic role marks a significant step for Optio Re as it expands its operations within the region.
Mohsen joins Optio Group on the eve of Optio Re’s one-year anniversary, having previously served as the Managing Director, MENA, at Ardonagh Specialty (formerly Ed Broking) since 2014.
His extensive career also includes senior positions such as Executive Vice President of Sales & Marketing at Orient Takaful Insurance Company and Underwriting Manager at Chubb Egypt Insurance Company.
Dr. Ramadan expressed confidence in Mohsen’s appointment, stating, “It is a testament to our success in the region that we are attracting talent of Wael’s calibre. Initially launching with a focus on A&H, his appointment signifies our expansion within the region. With his impressive market reputation, extensive distribution contacts throughout the MENA region, and having known him for years, I am confident he will be a fantastic addition to our growing team.”
Optio Re commenced trading in January 2023, comprising both an MGA and a reinsurance broker.
