Insurance firm Marsh launches Saudi engineering hub

Al-Khobar facility will provide dedicated local support to organizations as they look to transition to more sustainable energy sources

  
Image used for illustrative purpose. A Saudi man walks on a street past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station.

Image used for illustrative purpose. A Saudi man walks on a street past a field of solar panels at the King Abdulaziz city of Sciences and Technology, Al-Oyeynah Research Station.

REUTERS/Fahad Shadeed
 
RIYADH: American insurance broker and risk adviser Marsh announced the launch of an engineering hub in Saudi Arabia’s Eastern Province.

Located in Al-Khobar, it 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 global insurance firm has operated in more than 130 countries since its inception in 1871.

The Al-Khobar hub will provide dedicated local support to organizations as they look to transition to more sustainable energy sources, part of the Kingdom’s wider goal to embrace renewable energy.

“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 toward decarbonization,” Marsh Saudi Arabia CEO Bassam Al-Bader said in a statement.

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