International re/insurance broker UIB has promoted Mathieu Sahhar to Head of Downstream Energy, where he will report to Marc Perrin, Executive Director, Energy & Construction Division.
Sahhar joined UIB in 2012, where he gained experience in the international property sector as a Broker for major international property clients, before being into UIB’s Downstream Energy team in 2018.
As Head of Downstream Energy, Mathieu will be responsible for the entire Downstream Energy portfolio, and will head all London Market broking for energy and power accounts, including the marketing, renewal negotiation and placement of oil, gas, mining, petrochemical and power generation business.
At the same time, UIB has also appointed Chris Saada as Associate Director – Downstream Energy.
As a highly knowledgeable insurance professional with extensive international experience in insurance and reinsurance broking, Saada is skilled in the structuring, servicing, placement, and account delivery of Downstream Energy programmes including Conventional Power and Renewables across Property Damage, Business Interruption and Construction Reinsurance.
Overall, Saada brings over ten years of industry experience towards the role.
Shaun Barrington, UIB CEO, said: “Downstream Energy is an incredibly important part of UIB’s diverse portfolio of business. The appointment of Mathieu as Head of the team emphasises both the regard in which we hold him and his experience, but also our commitment to strengthening and developing the team’s presence in this growing market.”
Marc Perrin, Executive Director, Energy & Construction Division, added: “I am pleased to welcome Chris to the team. He possesses the ability to develop and maintain strong relationships with insurers, cedants and direct clients. He also has a proven track record of successfully leading and being part of high performing teams that have shaped and successfully executed strategies in maturing market environments.
“Together, Mathieu, Chris and the rest of the team will help identify and capitalise on the opportunities this market presents as we continue to concentrate our efforts on strategic growth and global development.”
