WTW has obtained a license to operate as a reinsurance broker in Saudi Arabia. The move expands WTW's presence in the Kingdom and aligns with its strategy to enhance international capabilities.
The company also named Mohammed S AlSudairy (pictured above) as head of reinsurance broking for WTW Saudi Arabia.
Based in Saudi Arabia, AlSudairy brings experience in treaty, facultative, and claims management for the local market. He previously served as deputy chief executive officer at Chedid Reinsurance Brokerage.
Get the latest reinsurance news direct to your inbox twice a week. Sign up here
Pamela Thomson-Hall, head of international at WTW, said the license underscores WTW's commitment to serving clients worldwide.
“WTW prides itself in being able to serve clients globally, and obtaining our reinsurance broker license in the Kingdom of Saudi Arabia further enhances our international capabilities,” Thomson-Hall said. “We are thrilled to have Mohammed join us at this pivotal time in our evolution to broaden our reinsurance capabilities and drive new growth opportunities in this vibrant market.”
Eleni Lykoudi, head of CEEMEA at WTW, emphasized AlSudairy’s leadership role in advancing WTW’s growth strategy in Saudi Arabia and the broader region.
“His appointment signals our commitment to the Kingdom and the broader region. We’re confident that his deep market insights will help us further innovate and deliver even greater value to our clients,” Lykoudi said.
AlSudairy commented on his appointment as the brokerage moves to expand its operations in the Kingdom.
“I’m very pleased to join WTW during this important phase of expansion. Securing our reinsurance broker license in Saudi Arabia, positions us to deliver exceptional support and solutions to our clients throughout the Kingdom,” AlSudairy said.
He also highlighted the opportunity to contribute to the objectives of Saudi Arabia's Vision 2030 initiative, which aims to diversify the country’s economy and develop key industries.
What are your thoughts on this story? Please feel free to share your comments below.
Get the latest reinsurance news direct to your inbox twice a week. Sign up here
