Marsh opens engineering hub in Saudi Arabia

Facility is company’s third in the region

Marsh opens engineering hub in Saudi Arabia

Insurance News

By Gabriel Olano

Marsh has launched its newest engineering hub in Al-Khobar, Saudi Arabia, which is being led by Nick Holland (pictured).

This hub is Marsh’s third-such facility in the Middle East and Africa (MEA) region, with the other two located in Abu Dhabi and Dubai. The engineering hubs provide risk and product liability surveys, business interruption reviews, and terrorism and political violence assessments to various energy, power, and commercial property firms operating in the MEA region. 

The Al-Khobar hub also provides dedicated local support to organisations in their transition to more sustainable energy sources, in support of Saudi Arabia’s renewable energy goals, Marsh added.

In his new role, Holland will be responsible for directing client projects and working with the local insurance and reinsurance markets to develop their risk engineering capabilities. He will relocate from Marsh’s Dubai office.

Holland joined Marsh in 2016 and was most recently risk engineer in the global energy & power practice. Before joining Marsh, he was at ExxonMobil for eight years, where he was engaged in various technical and managerial roles at an integrated refinery and petrochemical complex located in the United Kingdom.

“Marsh is investing significantly in expanding its specialist capabilities and geographical reach across the MEA region to support energy and power clients as they adapt to greater demands on their resources, while managing the transition towards decarbonisation,” said Bassam Al Bader, CEO of Marsh Saudia Arabia. 

“Nick’s extensive experience in critical risk mitigation – gained at some of the world’s most complex manufacturing sites – will be invaluable to our technically diverse clients in Saudi Arabia. We expect to announce, in the coming months, further additions to the team that draw on the country’s rich expertise as we continue to invest in local talent.”

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