International General Insurance Holdings Limited Appoints Jabsheh as an Executive Director of IGI UK with an International Role
August 30, 2017 at 08:00 am EDT
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International General Insurance Holdings Limited (IGI) has announced the appointment of Waleed Jabsheh as executive director of IGI UK as part of the company's ambitious plans to grow in new and existing markets. Jabsheh will convert from non-executive to executive director of the Board at IGI UK, and in addition to his new role in London, he will maintain his position as president of IGI Bermuda. Jabsheh, who is moving from Amman, Jordan, has been with IGI since its foundation in 2002. As president of the company, he has been instrumental in the development of IGI and will now help to accelerate the company's future growth plans. Based in London, he will assist IGI UK ceo Andreas Loucaides in growing the company's international business and is tasked with devising a strategy to achieve scale with a focused purpose. He will be responsible for overseeing all aspects of the underwriting function in the UK and enhancing its international portfolio of business, which currently accounts for 70% of the company's gross premium income. He will also oversee IGI's growth ambitions, which includes enhancing its geographic platforms and expanding business lines and underwriting teams.
International General Insurance Holdings Ltd is a Jordan-based commercial insurance and reinsurance company. It has a worldwide portfolio of energy, property, general aviation, construction and engineering, ports and terminals, marine cargo, marine trades, contingency, political violence, financial institutions, general third-party liability, legal expenses, reinsurance treaty business, among others. Its segments include Specialty Long-tail, Specialty Short-tail and Reinsurance. Its Specialty Long-tail segment includes casualty business, financial institutions line of business, marine liability line of business, and inherent defects insurance line of business. Its Specialty Short-tail segment includes energy, property, construction and engineering, political violence, ports and terminals, marine cargo, contingency and general aviation lines of business. Reinsurance segment includes inward reinsurance treaty business.