WTW announces expansion into the Kingdom of Saudi Arabia (KSA) with the appointment of a new Head of Insurance Broking

LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, brokerage and solutions company, today announced that it has obtained an insurance license to act as an insurance broker in the Kingdom of Saudi Arabia Arabia (KSA).

Talal Omar Bahafi has been appointed as the new head of Insurance Broking, WTW Saudi Arabia, based in the Kingdom of Saudi Arabia. Bahafi, previously Chief Executive Officer at Chubb Arabia Insurance Company, has extensive experience building a progressive and performance-oriented culture, driving strategic growth across the region. Prior to joining Chubb, Bahafi also worked at Marsh McLennan, where he was responsible for delivering the overall market strategy for the kingdom.

Pamela Thomson-Hall, Head of International, said: “At WTW we are committed to supporting our clients around the world. Securing our insurance broker license for the Kingdom of Saudi Arabia further strengthens our leading global network. We are delighted to join Talal on the board to drive growth opportunities in this exciting market. Today’s announcement is a continuation of our growth strategy to deliver global insights to clients around the world through our teams of deep specialists.”

Eleni Lykoudi, Head of CEEMΕA, added: “This is an important development in WTW’s growth ambitions in this region. We are pleased to have Talal available to support the needs of our customers across the region.”

Talal Omar Bahafi said: “I am delighted to be joining and leading WTW in the Kingdom at such an exciting time as it moves towards achieving its Vision 2030* goals. I look forward look forward to driving growth, supporting our customers and contributing to the development of innovative solutions that align with Vision 2030 goals. Together we will continue to deliver exceptional value to our customers and build on WTW’s reputation in the area of ​​excellence.”

About WTW

At WTW (NASDAQ: WTW), we provide data-driven, insight-driven solutions across people, risk and capital. By leveraging the global vision and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, increase organizational resilience, motivate their workforce and maximize performance.

By working shoulder to shoulder with our clients, we discover opportunities for sustainable success and offer perspective that moves you. Learn more at wtwco.com.

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