WTW (NASDAQ: WTW), a global leader in advisory, broking, and solutions, has announced obtaining an insurance license to operate as an insurance broker in Saudi Arabia. Talal Omar Bahafi, formerly the CEO of Chubb Arabia Insurance Company, will lead WTW’s Saudi Arabian broking division. Bahafi brings considerable expertise in fostering progressive, performance-driven cultures and has a history of promoting regional strategic growth. Before his role at Chubb, he played a pivotal role in shaping the market strategy for Saudi Arabia at Marsh McLennan.
Pamela Thomson-Hall, Head of International, said, “At WTW we are committed to supporting our clients across the globe. Securing our insurance broker license 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 continues our growth strategy to bring global insights to clients worldwide through our teams of deep specialists”.
Eleni Lykoudi, Head of CEEMΕA, added, “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”.
Talal Omar Bahafi said, “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”.