Company Profile
40th AIO Conference
Egypt 25 to 30 May 2013
About us
About us
• Insurance service company:
– Brokerage
– Consultancy
– Financial & Risk Management
• Duly registered in Egypt under No: 22 by the Egyptian
Financial Supervisory Authority
• Paid up Capital: 3 Million Egyptian Pounds (Paid in Full)
• Local knowledge & over 50 years International
experience
• Committed to excellence in Client servicing
• Style: Integrity & Customer Best Advice approach
Mission
Statement
Mission Statement
• To protect and preserve the citizens assets, livelihood
and health against risks and potential losses.
• To offer world class insurance brokerage and
consultancy services to our clients on both a corporate
and an individual level.
• To enhance consumer confidence and trust in
insurance policies through reviving a corporate culture
which stresses reliability and integrity.
• To cater to the individual needs of our clients using
flexible insurance policies and professional consultancy
services.
Shareholders
Shareholders
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Red Squirrel S.A.L Offshore
Raya Holding
Hazem Dawood
Issa Asfour
Fadi Arab
Hassan Hossam
Shareholders
• Red Squirrel S.A.L Offshore
Red Squirrel SAL (Offshore) is a Lebanese
family owned, offshore Company established
in August 2009 by Antoine El Khoury, and
holds shares in many Agencies, Brokerages
and TPA companies throughout the Middle
East.
Shareholders
• Raya Holding
Based in Cairo, Raya Holding was established in 1999 when
7 leading IT companies in Egypt decided to merge together
to create the Middle East’s largest CIT company. Raya
operates mainly in four lines of business, namely
information technology, call center, and trade lines of
businesses and smart building development. Along with its
four lines of business, Raya Holding has recently expanded
its portfolio by adding two new companies to its
subsidiaries' list, namely OSTOOL for land and river
transport and BariQ for plastic recycling and remanufacturing. In 2005, the company got listed in the Egypt
Stock Exchange (EGX). With over 3,000 employees, the
group has branches in Saudi Arabia, the Gulf, Algeria,
Nigeria and USA and caters to a customer base located
almost anywhere in the world.
Shareholders
• Hazem Dawood
Hazem began his career in the insurance sector in 1983, where he
worked at Suez Canal Insurance Company as a Producer and as a
Manager of producers group, Production control and Production
Control Headquarter. He later went on to work for Allied Investors
Insurance, holding the position of the Production and Branch
Managing Director, where he spent 3 years, from 1995 to 1998, and
played a key role in the success of the company.
Following his work with Allied Investors Insurance, Hazem was
appointed as the Vice President of Care Egypt Ltd. Consulting and
Risk management (Member of Aon Network), where he was
responsible for the production of business in Egypt. In addition to
his executive effort, Hazem holds several lectures in sales
techniques and participates in the preparation of well known
training courses such as TEAM CO. and MEAG.
Hazem received his Bachelor of Accounting from the Faculty of
Commerce, Cairo University.
Shareholders
• Issa Asfour
Prior to joining AAA, Issa spent 4 years working as the Head
of the Marketing Department for Individual Life Business at
Omnilife, Cyprus.
Over the past 10 years, Issa has held a number of
managerial and senior positions throughout his career in
the insurance industry including his work at Sinco and UCA.
Issa acquired several insurance licenses from the states of
California and Georgia, in the USA, to conduct Life
Assurance, Property and Casualty Business as both an
agent and a broker.
Shareholders
• Fadi Arab
Prior to joining AAA, Fadi worked as a Group Life
Manager at Omnilife, a British life insurance company
located in Cyprus; he also worked at E.F. Hutton, an
American stock brokerage firm. In addition to acquiring
several insurance licenses and a stock broker license.
Fadi is a business graduate and acquired most of his
Degrees from London.
Executive
Board
Executive Board
• Antoine El Khoury: Chairman
• Hazem Dawood: Chief Executive Officer
• Maurice El Kalaany: Chief Operating Officer
Executive Board
• Antoine El Khoury: Chairman
Antoine started his career in the insurance business, working for
many international insurance companies as a senior vice-president
for the MENA region operating in Saudi Arabia from 1964 till 1986.
With vast experience gained in the insurance industry throughout
the Middle East and Arabian Gulf, in 1994 he was instrumental in
the set-up and launching of Cumberland Insurance & Reinsurance
Company SAL in Lebanon. Moreover, Antoine launched and
managed several companies related to the insurance industry in
Lebanon and the Arab world. Just some of the companies he
managed include Insurance Companies, Insurance and Reinsurance
Brokerage Companies and Underwriting Agencies, as well as TPA
Companies and HMO.
Executive Board
• Hazem Dawood: Chief Executive Officer
Hazem Dawood is currently the Chief Executive Officer of Allied Arab
Assurance Brokerage. He is responsible for the business management of
the firm in Egypt.
Hazem began his career in the insurance sector in 1983, where he worked
at Suez Canal Insurance Company as a Producer and as a Manager of
producers group, Production control and Production Control Headquarter.
He later went on to work for Allied Investors Insurance, holding the
position of the Production and Branch Managing Director, where he spent
3 years, from 1995 to 1998, and played a key role in the success of the
company.
Following his work with Allied Investors Insurance, Hazem was appointed
as the Vice President of Care Egypt Ltd. Consulting and Risk management
(Member of Aon Network), where he was responsible for the production
of business in Egypt. In addition to his executive effort, Hazem holds
several lectures in sales techniques and participates in the preparation of
well known training courses such as TEAM CO. and MEAG.
Hazem received his Bachelor of Accounting from the Faculty of Commerce,
Cairo University.
Executive Board
• Maurice El Kalaany: Chief Operating Officer
Maurice El Kalaany is currently the Chief Operating Officer of Allied Arab
Assurance Brokerage. He is responsible for all operations; production,
supervision, marketing, profitability and sales.
Coming from a family with strong insurance experience, Maurice held
several managerial positions during his professional career in the
insurance sector that spans over 12 years, starting as a Producer to reach
top managerial positions. He worked at several distinguished companies
such as FIDELITY Assurance & Reinsurance co.sal and ALICO (American Life
Insurance Company). He also understood the importance of specialized
training and provided it to all of the new recruits on the various insurance
products.
Maurice received several awards owing to his professional expertise and
successful track record and has been invited to attend many international
insurance conventions.
Maurice received both a Bachelor and a Masters Degree in Business
Management.
Why AAA?
Why AAA?
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Values: Great organizations are built on a solid foundation, which is why AAA
follows a strict set of core values, based on meeting and exceeding customer
expectations. AAA prides itself on always following its core values.
Reliability: Buying insurance is one of the toughest business decisions you’ll ever
face. For this reason, we at AAA will walk you through the whole process from A-Z
using our professionalism and experience.
Confidentiality: This is paramount to providing a professional service.
Security: The first thing that comes to our minds every time we make a major
financial decision is security. AAA promises its clients a more financially secure
future through its indispensable ability to pragmatically design your insurance plan
to be compatible with long-term financial goals.
Trust: There are many things that money can’t buy and one of them is trust. Our
impressive portfolio and reputation has earned us the trust among many on an
individual and multinational corporate level.
Flexibility: We enjoy a special relationship with each and every one of our clients.
In doing so, we cater to the individual needs of our clients in order to offer them a
custom made and budget-friendly insurance plan.
Why AAA?
• AAA holds a Professional Indemnity Insurance
policy that covers any professional mistake
made against costumers with a limit of
liability :1,000,000 EGP per claim(One Million
Egyptian Pounds).
• AAA holds a Fidelity Guarantee Insurance
policy with a sum insured of 1,000,000 EGP
(One Million Egyptian Pounds).
Comprehensive Individual Insurance
Solutions
• Individuals Segment
• Full insurance protection in all lines:
– Life
– Health
– Travel Insurance
– Personal Accident
– Home insurance
– Motor
– Personal Liability (homeowner, head of family)
Corporate Insurance Solutions
• Tailor made corporate solutions:
– Property (All Risks Physical loss or Damage)
– Engineering Risks (Works & Machinery)
– Casualty: Third party liability, Professional Indemnities
and Directors & Officers
– Decennial: 10 years Inherent Structure Building
Defects
– Bankers Blanket Bond
– Employers Liability
– Marine: Transport, Hull and Liabilities
– Health
– Group Pension schemes
Service Range
• AAA will help you identify your current Risk framework
• AAA will help you project your future Risk framework
• AAA will help you choose and optimize your risk
management techniques including risk mitigation
• AAA will help you allocate risk financing needs
• AAA will help you obtain risk transfer solutions at
competitive cost through various supplier options
• AAA will help you monitor the adequacy of your
chosen insurance solutions and update them as
necessary
• AAA will help you file your claim as they may occur and
ensure that adequate compensation is reached
Insurer Trading Partners
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Allianz
MISR Insurance
AIG
ACE
Bupa
MetLife Alico
Royal
GIG
Arab Orient Takaful
Insurance
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Prime Health
Medicare
Egycare
Care Plus
Arope
Egyptian Takaful
Suez Canal Insurance
Wethaq Takaful
Iskan
Nile Takaful
Reach us at
• Address:
28 Wadi El Nile Street-Mohandisin-Giza
• E-mail:
info@aaa-egy.com
• Website:
www.aaa-egy.com
• Fax:+2 02 33466134 Mobile:+2 01099919317
Thank you
AAA
ALLIED ARAB ASSURANCE BROKERAGE S.A.E.