Alesco Risk Management Services (Alesco) has hired Nadim Semaan as partner, effective July 2018. He will report to Simon Clarkson, managing partner of Alesco.
According to the London-based specialist insurance brokerage, the hire is part of its efforts to develop its business presence in the Middle East and Africa regions. In this newly created role, Semaan will work with Alesco’s multi-disciplinary and specialist teams across all business lines.
Semaan has significant experience in downstream energy and power, as well as a Master’s degree in insurance and risk management from Cass Business School. A specialist in the Middle Eastern and African insurance markets, he was most recently at UIB, where he initially worked on energy projects before moving on to multi-line business development and complex programme structuring, including parametric covers, trade credit and political risk.
“Alesco has always focused on investing in the best talent available in order to continually improve its client proposition in an expanding range of specialist risk areas and geographies,” commented Clarkson. “Bringing Nadim into our team is a fantastic example of that investment, as we look to expand in the Middle East and Africa. His deep experience and knowledge of those markets, multi-lingual skill set and track record for developing and delivering complex risk transfer programmes to support clients’ businesses, all set him apart.”