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Al Alamiya for Cooperative Insurance Company, a subsidiary of RSA Middle East BSC (c), is pleased to announce the appointment of Kamran Mazhar Jaffery as its new Chief Executive Officer, effective from March 28th, 2023.
Kamran will be responsible for leading the business and implementing the long-term strategic goals which are aligned to drive profitable business growth in the Kingdom of Saudi Arabia (KSA).
Kamran brings over 21 years of insurance experience which entails significant leadership, technical and management experience in KSA. Prior to joining Al Alamiya, Kamran has worked with Chubb, where his last position was the CEO of Chubb Arabia Cooperative Insurance in KSA.
Kamran’s appointment comes at an exciting time for the company, given RSA Middle East’s integration with National Life & General Insurance Company (NLGIC) to form NLGIC Group, a leading multi-line insurance player in the GCC region. His extensive experience and strategic vision will be instrumental in maximizing the growth potential and bringing innovative offerings in the Kingdom to give Al Alamiya a competitive edge.
Kamran holds an Executive MBA, from HEC Paris, a BA in Economics from The University of Texas at Austin, and Diploma in Insurance from the Chartered Insurance Institute (CII) UK.
“We are delighted to welcome Kamran to Al Alamiya. His strategic thinking and technical expertise coupled with his leadership capabilities will be instrumental in his role as CEO of Al Alamiya, as we continue to grow our business even further in the Kingdom. I wish him all the very best in his new role” Martin Rueegg, Group CEO of NLGIC.
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About Al Alamiya for Cooperative Insurance Company
Al Alamiya for Cooperative Insurance Company provides insurance solutions in the Kingdom of Saudi Arabia. The company operates in six segments: P&C, Motor, Medical, Group Life. In addition to having presence in the Corporate and SME segments, Al Alamiya also caters the need for personal insurance products such as personal auto, travel, home, and personal accident . Al Alamiya for Cooperative Insurance Company, a subsidiary of Royal & Sun Alliance Insurance (Middle East) BSC (c) is headquartered in Riyadh and is a public listed entity authorized by the Saudi Central Bank in the Kingdom of Saudi Arabia.
About National Life & General Insurance Co. Group (NLGIC Group)
NLGIC Group is a leading insurer in the Middle East region and the largest insurance group in Oman in terms of written and retained premiums, with operations in life and non-life insurance. The group comprises six major companies: National Life & General Insurance Company SAOG (NLGIC), RSA Middle East BSC (c) (RSA Middle East), Al Ahlia Insurance Co. SAOG (Al Ahlia), Al Alamiya for Cooperative Insurance Co. (Al Alamiya), NLGIC Support Services Private Limited (NSSPL), and Inayah TPA LLC. With collective experience of over 80 years in the Middle East, NLGIC Group offers a broad suite of digitally enabled, customizable solutions across all lines of insurance, underpinned by exceptional service. The group is a unique combination of dynamic and award-winning companies with a shared vision and highly complementary capabilities. The group has established operations across key GCC markets, including Sultanate of Oman, Kingdom of Saudi Arabia, the United Arab Emirates, State of Kuwait, and Kingdom of Bahrain, and will be soon operating in State of Qatar.
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| Shaima Al Awadhi Areen Alfahel | Yamini Shinghal
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