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Chedid Re, named “Best Reinsurance Broker” in the Middle East for the 3rd year in a row

December 7, 2018
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Chedid Re, named “Best Reinsurance Broker” in the Middle East for the 3rd year in a row

Chedid Re, a company of Chedid Capital, won the acclaimed “Best Reinsurance Broker” award at the Middle East Insurance Industry Awards (MIIA) gala dinner held at the Conrad Hotel in Dubai.

Receiving the award for the 3rd year in a row reinforces Chedid Re’s market-leading status and highlights its recognition by one of the most esteemed global awarding organizations within the insurance industry such as the Middle East Insurance Review (MEIR).

Thanking the organizers, Mr. Farid Chedid, Chairman and CEO of Chedid Capital expressed his pride upon receiving such an exceptional recognition.

 He quoted: “This prestigious award, which is subject to strict rules and conditions, with highly competitive entries from the entire MENA region, is further evidence to the consistent delivery of high-quality services and solutions Chedid Re has committed to address over the years”. He added: “Chedid Re considers this award a result of the standards of excellence upheld by its team of professionals who have been consistently delivering, with great efforts, the finest services to customers and partners alike”.

He continued: “With transparency, professionalism and integrity at the forefront of its values, Chedid Re has been awarded such a prestigious title with respect to its clients’ trust that made it one of the top 20 reinsurance brokers in the world”.

The Award is one of the latest in a string of other prestigious regional and international accolades. The company bagged the Reinsurance Broker of the Year award for the year 2017 at the 4th Middle East Insurance Industry Awards (MIIA), the “2016 MEA Risk & Insurance Excellence Award” by Global Reinsurance and StrategicRISK, the Middle East Insurance Industry Awards 2015 (MIIA), INSUREX Awards 2010, 2011 and 2013 and the “Reinsurance Broker of the year” titled at the Gulf Insurance Awards 2010.

In a relatively short span of time, Chedid Re has become the intermediary of choice for many regional and international capacity providers for the MENA insurance market, becoming a leader and front-runner in the MENA region.

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