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GENERAL INSURANCE

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INTERNATIONAL GENERAL INSURANCE

Our Leadership

Our Leadership

Wasef Jabsheh

Chairman & CEO

A key figure in the Middle East region and founder of IGI, Wasef Jabsheh has specialised in marine and energy insurance for more than 40 years in various prominent roles with Kuwait Insurance Co and with ADNIC from the mid-1970s to the late 1980s.

In 1989, Wasef established Middle East Insurance Brokers and two years later founded International Marine & General Insurance Co. He also served as a Board Director with HCC Insurance Holdings Inc until 1997.

Waleed Jabsheh

President

Waleed Jabsheh has served as President of IGI since 2011. He began his career at Manulife Reinsurance in Toronto, Canada and later joined LDG Reinsurance Corporation, a subsidiary of Houston Casualty Co, in 1998 where he served as Senior Underwriter managing a $30 million book of treaty and facultative business.

Waleed joined International General Insurance Co. Ltd. at the time of its foundation. As President of the company, he has played a pivotal role in the growth and development of IGI into a global company listed on Nasdaq.

Based in London, Waleed is responsible for jointly overseeing the Group’s underwriting function and enhancing its global portfolio of business, He is also a member of IGI’s Board of Directors.

 

Andreas Loucaides

Chief Executive Officer - IGI UK

 

Andreas has over 48 years of experience in the insurance industry. He began his career in the insurance industry in 1971, joining syndicate 702 at Lloyd's which was sold to Markel in 2000.

He later founded a start-up insurance company, PRI Group Plc (an FSA licensed A- rated AIM listed with a cap of £120m) in 2002 as Chief Executive Officer. Following the profitable sale to Brit Holdings, Andreas joined Catlin UK in 2004 as the Chief Executive Officer.

In 2008, he joined Jubilee Group at Lloyd’s as the CEO, overseeing the sale to Ryan Specialty Group in 2011.

In 2012, Andreas joined Lloyd’s Syndicate 2526 assisting the sale to AmTrust and supporting AmTrust in the purchase of Sagicor at Lloyd’s.

In 2015, Andreas joined IGI as CEO of IGI UK.

 

Hatem Jabsheh

Group Chief Operating Officer

Hatem has over 19 years of experience in the financial services industry. He began his career in 2001 with Spear, Leads, and Kellogg, a subsidiary of Goldman Sachs. He managed several pits as a CBOE and CME primary market maker.

Hatem then moved to Amman, Jordan to set up Indemaj Brokerage, an asset management and brokerage company. After successfully selling it in 2009 to a publicly traded investment bank, Hatem joined IGI to head their investment department. In 2017 he became IGI’s Group Chief Operating Officer.

He is a graduate of Marquette University.

 

Pervez Rizvi

Group Chief Financial Officer

Pervez has over 31 years of experience in Insurance and Banking. He obtained his Bachelor of Commerce in Accounts and Management followed by CA (India) and CPA (USA) certifications.

Pervez is a fellow member of Institute of Chartered Accountants of India. Pervez began his Insurance career with Life Insurance Corporation of India in 1989 and later joined Oman National Insurance Company in Oman.

He worked with HSBC Bank in UAE and Malaysia and Zurich Financial Services in DIFC in a senior management role. Prior to joining IGI he was CFO with an Islamic Insurance Company in Abu Dhabi, UAE.

Senior Management

Nick Garrity

Chief Executive Officer - IGI Labuan

Nick has 30 years of experience in the international insurance and reinsurance industry and joined IGI from Swiss Re Corporate Solutions in Singapore, where he was Head of Sales, Asia Pacific.

Prior to that, Nick was Strategic Customer and Broker Relationship Director at Royal Sun Alliance, also in Singapore. Nick has also held Chief Executive Officer and Chief Operating Officer roles at Lockton Companies. Before then, he was at Marsh, starting his career at Willis.

Youssef Alaoui

Chief Executive Officer – IGI Casablanca

 Youssef has over 18 years’ experience in the reinsurance industry. He joined IGI – CFC operations from Aon Benfield where he worked for two years as an Executive Director for the MENA region.

Prior to this, he spent 11 years at Societe Centrale de Reassurance - Morocco where he held many underwriting and managerial positions in Asia, the Middle East and Africa.

Keith Mallia-Milanes

Chief Executive Officer - IGI Europe

Keith has over 35 years of insurance experience. He held senior executive and management positions with insurers and brokers in Malta before he joined MAPFRE Middlesea in 2003, his last employer prior to joining IGI as CEO Europe in June 2021.

During his term at MAPFRE Middlesea, Keith was responsible for a number of roles both in Malta and Italy. His last appointment, Assistant General Manager with direct responsibility for the Technical & Operations Division that included oversight of underwriting, reinsurance, claims, policy issuing and product management.

Before joining IGI, Keith was also extensively involved at market level in Malta working with leading insurance operators.

 

 

E: Keith.Malliamilanes@iginsure.com

Rawan Alsulaiman

Chief Legal & Compliance Officer, Company Secretary

Rawan has over 16 years of experience in the insurance industry. She joined IGI in December 2007 as head of its Legal Department and was promoted in 2014 to Chief Legal Officer, and in 2018 to Chief Legal and Compliance Officer.

Prior to joining IGI, Rawan was working for Abu Ghazaleh Intellectual Property (AGIP), a leading IP agent in the MENA region. She was the head of AGIP’s Special Clients Department responsible for managing and protecting the IP portfolio of AGIP’s multinational clients including Johnson and Johnson, SPI Group and Proctor and Gamble. She was responsible for the oversight of their intellectual property rights, anti-counterfeiting, infringement and IP enforcement actions across the MENA region.

Rawan obtained her master’s degree in International and Comparative Public Law from the University of Exeter.

Stephen Rix

Chief Actuary

A commercial, technical, and experienced Actuary, Stephen has held a broad range of executive roles including Chief Actuary (22 years), Underwriter (Structured Finite Insurance and Reinsurance) and Head of Analytics at a variety of Lloyd’s and London Market Insurers. Stephen has an extensive, hands-on experience of a wide range of commercial insurance and reinsurance lines of business and utilizes IT and state of the art data management to develop pricing, reporting, analytical and business planning solutions.

Stephen qualified as a Fellow of the Institute and Faculty of Actuaries in 1989 and is also a Fellow of the Society of Actuaries in Ireland. Stephen obtained a Bachelor of Science in Mathematics at the University of Manchester.

 

E: Stephen.Rix@iginsure.com

Stav Tsielepis

Chief Risk Officer

Mr. Tsielepis, who has 18 years’ industry experience, joins from Arch Capital Group’s London-based subsidiary Arch Insurance International, where he was Chief Risk Officer with responsibility for key projects such as implementing Brexit plans and working closely with regulators, including the Central Bank of Ireland. During his tenure, he was a Board member of Arch Underwriting at Lloyd’s Australia. Prior to his time at Arch, Mr. Tsielepis was an Actuarial Consultant for Towers Watson Ltd.

E: Stav.Tsielepis@iginsure.com

Ruwan Perera

Group Chief Technology/Information Officer

Ruwan has over 22 years of experience in the international insurance and banking sectors. He held senior executive and management positions in global insurance carriers, software houses and the big 4 consultancies. He specializes in successfully delivering large scale information technology and business transformations, recovery initiatives and strong and well-functioning global operations from concept. He is solution-orientated and is highly regarded in the industry for his progressive approach to innovation and delivering results that drive change and enable growth. Ruwan joined IGI in 2019.

E: Ruwan.Perera@iginsure.com

Simon Levy

Senior Vice President - Reinsurance

 Simon has over 34 years of experience in the (re) insurance industry. He worked within the reinsurance industry from 1985 with DG Durham and subsequently for EW Payne (London). In 1996, Simon left the UK and worked for Alliance Re (latterly Flagstone Re) as an Underwriter concentrating on a WWX USA/Canada Proportional and Non-Proportional inwards treaty portfolio.

Simon joined IGI in 2010 and is responsible for underwriting and managing the inwards treaty reinsurance portfolio of IGI, whilst also being a main member of the management team responsible for all group outwards reinsurance purchases.

Tim Deardon

Senior Vice President, Group Head of Claims

 Tim has over 36 years of experience in international insurance markets and claims management. He previously served as head of international claims for the energy business of Marsh Ltd and was also the international head of claims for its political risk business. Prior to that, Tim worked as a marine and energy claims manager at a major Lloyd’s syndicate.

He has first-hand knowledge of the requirements of IGI’s clients and business partners and has built up a network of professional service providers that understand the high servicing standards required by IGI’s claims team and who support the strategy of IGI’s pro-active and transparent approach to claims management.

 

Henri Labat

Senior Executive Officer – IGI Dubai

 Henri has over 13 years of experience in P&C Insurance and Reinsurance for Large Corporations. He worked within AXA Group in different countries (France, Spain, Middle East) occupying different Underwriting and Management roles.

Before joining IGI, Henri headed up the AXA Corporate Solutions office in Dubai dedicated to the MENA Region. Henri holds a Master of Science in Engineering by INSA Lyon and a Master’s in Management of International Business by Essec.

Adam Safwat

Vice President, Underwriting & Business Development

Adam has over 22 years of experience in the (re)insurance industry. He began his career as an accounts clerk for CE Heath before moving to QBE in London where he specialised as a Treaty Reinsurance Underwriter for 13 years, managing an international book of business.

Adam joined IGI in 2011 and oversaw the underwriting operations and exposure management in Amman for 6 years before relocating to IGI’s UK office in 2017. Adam is now supporting senior executives in the day to day management of the underwriting department and responsible for global business development and establishing core strategic partners.

Robin Sidders

Head of Investor Relations

Robin joined IGI in 2020, prior to IGI becoming a public company and listing on Nasdaq. Robin has over 25 years’ leadership experience in strategic financial communications and investor relations, most notably serving more than 14 years as Director, Investor Relations at PartnerRe, a leading global multi-line reinsurer previously listed on the New York Stock Exchange with a market capitalisation of US$ 7b. She saw the company through significant business, regulatory, and leadership change, culminating in the sale and delisting of PartnerRe.

 

Saurabh Sharma

Senior Vice President – Finance

Saurabh Sharma is a chartered accountant with more than 17 years of experience in the reinsurance industry and assurance services. He began his career in the Financial Services and Insurance Practice Department of Price Waterhouse Cooper India in 2004. He then moved to Ernst & Young in Dubai in 2006. He has independently handled audit assignments in multinational financial services, fund management and hospitality sectors during his time working with the ‘Big Four’ audit firms. In 2008, Saurabh moved from audit into the insurance industry and joined IGI. Currently he is working as Vice President of Finance, reporting to IGI’s Group CFO, and overseeing the Group finance function. 

He is a commerce graduate majoring in accounting and financial management. He is a fellow member of the Institute of Chartered Accountants of India and holds a licentiate membership of the Institute of Company Secretaries of India.

E: Saurabh.Sharma@iginsure.com

Mark Sullivan

Vice President – Claims

Mark began his career with Steamship Mutual P&I Club. He subsequently moved to a leading Lloyd’s Syndicate and then went on to gain 30 years’ experience in both Lloyd’s and London Market companies. During that time he dealt with multiple classes of business and handled high profile cases both in the UK and overseas.

In addition, Mark has held senior management roles in the London Market focusing on the design and delivery of pro-active claims management operations, serving clients participating in the Global Specialty market place. 

E: Mark.Sullivan@iginsure.com

Mamraj Chahar

Vice President - Investment

Mamraj Chahar has long experience in working in large organizations spending the last 20 years managing investments for (re)insurance companies. He has a post-graduate degree in commerce majoring in accounting & business statistics and financial management. He earned his CFA from the CFA Institute in Charlottesville (USA). He is a fellow member of the Insurance Institute of India. He held various senior executive and management positions in (re)insurance companies. Before joining IGI in 2021, Mamraj was CIO at Saudi Re. after managing investments at Tawuniya. Mamraj joined IGI in 2021.

E: Mamraj.Chahar@iginsure.com