Insurance Journal
Lockton, the largest privately held, independent insurance broker in the world, has opened an office in Morocco, based in Casablanca Finance City (CFC), an economic hub for the region.
Lockton’s Middle East operations serve clients in the marine, aviation, energy, power, hospitality, construction and other industries with risk management, insurance, and employee benefits consulting services.
Salah El Kadiri will lead the Lockton operation in Morocco and West Africa, supporting regional and multinational clients with operations in the region. He has been an executive director in Lockton’s Middle East and North Africa (MENA) operations in Dubai for the past seven years.
“The new Casablanca operation is part of Lockton’s continued efforts to enhance our regional capabilities for clients,” said Wael Khatib, senior partner & chairman of Lockton, MENA.
He noted that Salah El Kadiri started his career in Casablanca and is “a well-known and respected professional in Morocco and the international market.”
Lockton is the first international Lloyd’s broker to join CFC’s “business ecosystem,” which reinforces its position as a Pan-African reinsurance hub, commented Saïd Ibrahimi, CEO of the Casablanca Finance City Authority. “We are proud to welcome in CFC the world’s largest, privately owned, independent insurance brokerage firm.”
Salah El Kadiri commented: “It is a privilege to be part of the Lockton team and witness the rapid growth the business has achieved in the region. I look forward to serving our Lockton Casablanca clients and building on the remarkable track record for clients in the region.”
Lockton said it will continue its expansion plans in countries across the MENA region. The company currently has operations in Dubai, Abu Dhabi, and Jordan.
Source: Lockton
