WTW secures insurance license in Saudi Arabia, appoints Bahafi Head of Broking

Global advisory, broking, and solutions company WTW has reportedly secured an insurance licence to act as an insurance broker in the Kingdom of Saudi Arabia, naming Talal Omar Bahafi as the new Head of Insurance Broking, WTW Saudi Arabia.

Previously Chief Executive Officer at Chubb Arabia Insurance Company, WTW noted that Bahafi has extensive experience in driving strategic growth across the region.

Before Chubb, Bahafi worked at Marsh McLennan, where he was responsible for delivering the overall market strategy for the Kingdom of Saudi Arabia.

Bahafi commented on his appointment, “I am delighted to be joining and leading WTW in the Kingdom at such an exciting time as it moves towards achieving its Vision 2030 goals and objectives.

“I look forward to driving growth, supporting our clients, and contributing to the development of innovative solutions that align with the Vision 2030 objectives. Together, we will continue to deliver exceptional value to our clients and build upon WTW’s reputation for excellence.”

Pamela Thomson-Hall, Head of International at WTW added, “At WTW we are committed to supporting our clients across the globe. Securing our insurance broker licence for the Kingdom of Saudi Arabia further strengthens our leading global network.

“We are delighted to have Talal on board to drive growth opportunities in this exciting market. Today’s announcement is a continuation of our growth strategy to bring global insights to clients around the world through our teams of deep specialists.”

Eleni Lykoudi, Head of CEEMΕA at WTW said, “This is a significant development in WTW’s ambitions for growth in this region. We are delighted to have Talal in place to support our clients’ needs across the region.”

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