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Specialty MGA Africa & Middle East continues expansion with new hire

Specialty MGA Africa & Middle East, the managing general agent that specialises in providing additional capacity for specialty lines of business, has added to its team with the appointment of Mohammed Rabie as Senior Underwriter for Property and Engineering.

Rabie brings with him 20 years of experience in the international construction and (re)insurance markets. Having begun his career as an engineer and construction manager at companies including Bureau Veritas France and Mkontrol, Rabie built up his experience within the construction field before moving into the insurance sector. His roles within the sector have included managing and developing the property and engineering business portfolio of AtlantaSanad in Morocco for over 12 years.

Commenting on Rabie’s appointment, Group Chairman, Manoj Kumar said:

“Following the launch of our new unifying brand in April, as part of MNK Group, Specialty MGA is looking to expand its global reach and continue its rapid growth since its inception. Mohammed’s deep technical expertise and extensive experience in underwriting across the construction and real estate sectors within North Africa and the Middle East make him the perfect fit for this role.

“I look forward to working with him as he helps us to meet our growth ambitions in the years ahead.”

Having worked across international markets throughout his career, Rabie brings with him a global network of brokers, agents and insurers, across North Africa, Europe and the Middle East.

In his new role, he will be providing comprehensive (re)insurance solutions for construction and engineering ventures across the MENA region, supporting the local insurance and reinsurance sectors with finding additional capacity.

Rabie will be based in Specialty MGA’s Casablanca office and will report to the CEO of Specialty MGA Africa and the Middle East, Youssef Fassi Fihri.

Specialty MGA Africa and Middle East Senior Underwriter for Property and Engineering, Mohammed Rabie commented:

“With its focus on providing clients with innovative and unique solutions to difficult risks, I’m delighted to be part of Specialty MGA as it expands its services in the construction and property sectors.

“There are significant opportunities across the region, with huge infrastructure developments set to take place in Morocco ahead of the 2030 World Cup, whilst members of the GCC continue to invest heavily in residential developments and energy projects.”

Youssef Fassi Fihri, CEO of Specialty MGA Africa & Middle East, said:

“With Mohammed now part of our team, our clients will greatly benefit from his extensive experience as an underwriter and his deep expertise within the construction and property sectors. His local knowledge coupled with his network of contacts make him well-placed to

provide real value to Specialty MGA Africa & Middle East as we continue our rapid growth in the region.”


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NOTES TO EDITORS

About Specialty MGA Africa & Middle East

Specialty MGA Africa & Middle East is an MGA based in Morocco, bringing together world-leading experts in the industry, with a focus on providing additional capacity for specialty lines of businesses and hard to place risks. Specialty MGA Africa & Middle East provides all line services and is backed by rated securities, with more securities currently being added to the panel of reinsurers.

The MGA focuses on lines of business which include but are not limited to property, construction, energy, marine, construction, aviation, financial lines, accident & health and surety.

About MNK Group

MNK Group brings together a Lloyd’s Broker (MNK International, formerly MNK Re), providing insurance solutions to customers in over 130 countries, and a network of MGAs (Specialty MGA in the UK, Italy, US, and Middle East). Additionally, reinsurance companies Mekong Re, Florida Re, and MNK Seguros are part of the group.

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