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17 June 2019Insurance

EC3 Brokers creates new treaty leadership role in Dubai for Munich Re's Calfa

EC3 Brokers MEA has appointed Serge Calfa to the newly-created role of regional director of treaty. Based in Dubai, Calfa joins from Munich Re.

Calfa has more than two decades of experience in the insurance and reinsurance industry, having worked in the Middle East since 1999. Most recently, he was a senior manager at Munich Re in Dubai, where he had worked since 2006 developing the MEA region, writing risk premiums in excess of €500 million. Prior to that, he held various positions including head of health and personal lines for Saudi General Insurance company and head of operations for INAYA Administration and Underwriting Agency.

Calfa will lead on all treaty business for EC3 Brokers’ clients with a primary focus on health & life treaty, which the company said is increasing in prominence and value in the region due to the privatisation of healthcare and ever-increasing premiums.

He will report to the senior executive officer Steve Hart.

“Serge has an unparalleled reach within the region," said Hart. "His ability to build relationships and develop new products enables us to tailor to clients’ more specifically and enhance our broking services without being restricted to specific products. There aren’t many Serges in the market, so this new role is exciting and something outside the box for EC3 Brokers.”

Calfa commented: “This is a great opportunity for EC3 Brokers to advance in a competitive landscape and propel in all lines of reinsurance business. With my experience in personal lines products and my reach across the region, I’m excited about building EC3 Brokers’ growing portfolio.”

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