Specialty MGA, Optio Group, has named Wael Mohsen as the new Managing Director of Broking and General Lines for Optio Re MENA Ltd. in Dubai. Optio Re, operational since January 2023, operates as both an MGA and a reinsurance broker. Mohsen's appointment coincides with the company's approaching first anniversary and brings nearly three decades of industry experience across the Middle East, Africa, and West Asia. His previous role was at Ardonagh Specialty (formerly Ed Broking), where he held the position of Managing Director for the MENA region from 2014.
According to LinkedIn, before this role, Mohsen served in various senior positions, notably as the Executive Vice President of Sales and Marketing at Orient Takaful Insurance Company and as an Underwriting Manager at Chubb Egypt Insurance Company. Mohsen's new role is effective immediately, reporting to Dr. Ahmed Ramadan, CEO of Optio Re and the global head of Accident and Health (A&H). His main responsibilities will encompass multiple insurance lines, including property and casualty, energy, construction, cyber, and medical malpractice.
Ramadan commented, “The appointment of Wael, given his exceptional reputation and extensive network in the MENA region, marks a significant milestone in our regional expansion. Initially focusing on A&H, this expansion signifies our continuous growth. Having known Wael for years, I am confident that his remarkable talent will greatly benefit our evolving team and contribute to our success in the region”.