|06 August, 2019

Appoinment of ACE Insurance Brokers Senior Vice President in Oman

Adil H Al Lawati as Senior Vice President in Oman.

Adil H Al Lawati as Senior Vice President in Oman

Adil H Al Lawati as Senior Vice President in Oman

Muscat, Oman:ACE Insurance Brokers today announces the appointment of Adil H Al Lawati as Senior Vice President in Oman.

A Chartered Insurer and member of the Chartered Insurance Institute London, Al Lawati brings over 24 years of experience in the field of insurance and risk management to the company. Prior to joining ACE Insurance Brokers, Al Lawati established and headed Oman operation of two major insurance companies in the region – AIG and Orient Insurance. Al Lawati’s work experience extends to include international experience with AIG Head Quarter in Dubai with his role as regional Energy and Property Deputy Manager. He has also been involved in and contributed to several national projects in Oman under his capacity as Secretary and Board Member of the Oman Insurance Association.

Yolla El Khoury, Executive Group Vice President, ACE Holding said, “We carried out a rigorous selection process, assessing internal and external candidates. That process, alongside Al Lawati’s effective stewardship of the insurance landscape, left us with no doubt that he is the right leader for our business in Oman. We are delighted to announce our decision to appoint Al Lawati as Senior Vice President of ACE Insurance Brokers, Oman.”

“Recognised for his leadership throughout the industry and his strong relationships with Omani business leaders, along with his past experience, Al Lawati has an immediate understanding of our business. The priority for us and the task ahead for him is to build on our market position, while pursuing a clear vision for change and value creation. Through his vast experience in various insurance business units such as risk management, underwriting, and operations, we are confident that Al Lawati will support ACE Insurance Brokers to deliver its mantra of providing quality service, protecting what matters via comprehensive and customised insurance and reinsurance solutions and forging solid and long-lasting relationships with clients. Al Lawati knows our strengths, knows where we need to improve and understands our customers’ needs. He is exceptionally well qualified to re-energise ACE and deliver long-term growth.”

Commenting on his appointment, Al Lawati said, “ACE Insurance Brokers is a great company with exceptional people. There is a clear opportunity to realise ACE’s significant but untapped market potential in Oman especially within the banking, oil and gas and government sectors. We have a well-known brand and all the right tools in place. Now, we need to move ahead to provide quality service to our clients. We must focus on the fundamentals of insurance and provide clients with the best possible experience – protecting what matters to them the most. With our team of experts, I am confident that ACE will thrive.”

ENDS

About ACE Insurance Brokers: A pioneer of the Insurance industry in the Kingdom of Saudi Arabia, ACE has earned the loyalty of its clients and the respect of its peers by continuously delivering on its promises for over 65 years. Today, ACE is a leading insurance and reinsurance broking organisation in the GCC. Backed by 220 experienced professionals, ACE provides tailor-made solutions and comprehensive claims and risk management services to clients locally through 16 offices in seven different countries.

© Press Release 2019

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