Qatar

Top honour for QIS official

Top honour for QIS official

July 06, 2011 | 12:00 AM

al-Mughesib

The New York-based International Insurance Society (IIS) has appointed Khalid al-Mughesib, deputy CEO of Qatar Insurance Services (QIS) and board member of Qatarlyst as Ambassador for Qatar.This is the first time the IIS has appointed an ambassador for Qatar and is a sign of Qatar’s emerging status as a leading hub for captives and reinsurance in the region.The IIS is the largest multinational organisation of its kind, with almost 1,000 members representing global insurance leaders from over 90 countries.The IIS facilitates the cross-border exchange of ideas and initiates practical and original research that addresses the many critical issues facing the insurance industry worldwide through a research partnership with the Geneva Association and through annual seminars.The primary role of IIS Ambassadors is to promote the universality of insurance practice as embodied globally by the International Insurance Society.Al-Mughesib joined QIS, a licensed QFC Authority firm, in April 2010 as deputy CEO. He previously worked for Qatar Petroleum and Al Koot Insurance and Reinsurance as energy insurance manager and for Al Jasr Takaful as general manager. He brings over 18 years of experience in local, regional and international insurance to his role.“The QIS is part of Qatar’s strategic vision to create a uniquely sustainable platform to become a leading reinsurance and captive insurance hub and our association with the IIS can only benefit us in achieving our ambitions,” James Sutherland, CEO of QIS, said.
July 06, 2011 | 12:00 AM