Markel hires trade credit underwriter from Coface Dubai

Specialist insurer Markel International has hired Ramzi El Kadi as underwriter in its trade credit, political risk and surety operation in Dubai.

El Kadi worked in the trade credit insurance industry for five years and most recently held the position of credit risk underwriter at Coface, Dubai.

El Kadi will report to Leroy Almeida, head of Markel’s Middle East operations and will assist with business development across the Gulf and North African regions, as well as being part of the global trade credit, political risk and surety network.    

Ewa Rose, managing director of Markel’s trade credit, political risk and surety business, said: “Ramzi’s appointment reflects Markel’s continuing investment in our product lines on a global basis. We see significant opportunities in the Middle East and North Africa regions. Ramzi’s broad underwriting experience will be a great asset to our organisation and we are delighted to have him on board.”

Almeida said: “2018 was a hugely successful year for the team, which saw a substantial growth in our business portfolio, as well as the signing of a memorandum of understanding with Etihad Credit Insurance. With strong and growing connections in the industry regionally, Ramzi will be part of the continued success of our business.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

AIG mitigates losses as CEO says insurer is on ‘right path’ for growth

Munich Re leads $7m investment in commercial auto insurtech NN Group show a net loss in 2018, partly caused by ‘goodwill impairment’

USI Insurance unveils major acquisition in expansion move
MS Amlin unveils new all risk tech policy to fill coverage gaps 

RGA reinsures Manulife longevity risk

Holborn swoops for Gen Re veteran as chief production officer

Download our whitepaper: 'Why Automation & AI Matters For Commercial Lines'