Optio expands MENA operation with senior appointment

Optio expands MENA operation with senior appointment 150 150 Haggie Partners

Optio Group, the specialty MGA, today announces the appointment of Wael Mohsen as managing director of broking and general lines for Optio Re MENA Ltd. in Dubai. He joins with immediate effect and, reporting to CEO Optio Re and global head of A&H, Dr Ahmed Ramadan, he will focus on property & casualty, energy, construction, cyber and medical malpractice lines.

Joining on the eve of Optio Re’s one year anniversary, Emara brings close to three decades of industry experience across the Middle East, Africa and West Asia to the business. He joins from Ardonagh Specialty (formerly Ed Broking) where since 2014 he held the role of managing director, MENA. Prior to this he held several senior positions including executive vice president, sales & marketing, Orient Takaful Insurance Company and underwriting manager at Chubb Egypt Insurance Company.

Dr 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.