Optio expands MENA operation with senior hire from Ardonagh

Specialty MGA Optio Group has expanded its operations in the MENA region with a senior hire from Ardonagh who will focus on property & casualty, energy, construction, cyber and medical malpractice lines.

The company has appointed Wael Mohsen as managing director of broking and general lines for Optio Re MENA in Dubai. He reports to CEO Optio Re and global head of A&H, Ahmed Ramadan, he will focus on property & casualty, energy, construction, cyber and medical malpractice lines.

Mohsen has close to three decades of industry experience across the Middle East, Africa and West Asia. He joins Optio from Ardonagh Specialty (formerly Ed Broking) where since 2014 he held the role of managing director, MENA. Prior to that, he held several senior positions including executive vice president, sales & marketing, Orient Takaful Insurance Company and underwriting manager at Chubb Egypt Insurance Company.

Ramadan said: “It is a testament to our success in the region that we are attracting talent of Wael’s calibre. Initially launching with a focus on A&H, his appointment signifies our expansion within the region. With his impressive market reputation, extensive distribution contacts throughout the MENA region, and having known him for years, I am confident he will be a fantastic addition to our growing team.”

Optio Re commenced trading in January 2023 and comprises an MGA and a reinsurance broker.

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.