Deloitte Receives Actuarial/Risk Consultancy Firm of the year Award at MENA IR 2020

Deloitte has been named Actuarial/Risk Consultancy Firm of the year at the MENA Insurance Awards 2020 (MENA IR 2020) MENA IR 2020 Awards, which recognize and reward insurers, reinsurers and brokers as well as professional services firms within the MENA region that have demonstrated exceptional customer service and innovative product development over the past 12 months. The MENA IR 2020 Award categories include Actuarial/Risk Consultancy Firm, Audit Service Provider, Broker/Distributor of the Year, Risk manager of the year, among others.

Deloitte Partner in Risk Advisory Elias Ma’ayeh received the award on behalf of Deloitte Middle East in January at the Ritz Carlton DIFC, Dubai. Commenting on the award, Ma’ayeh said, “The regulatory landscape is becoming more stringent and new global standards are being introduced, leading the insurance sector in the Middle East to uplift its operations and invest in its infrastructure.”

“We are delighted to be named Actuarial/Risk Consultancy Firm of the year by MENA IR 2020, a testament to the work we have done in the region to ensure our clients are adequately prepared to operate effectively in this new environment,” added Ma’ayeh.

“The Middle East is undergoing structural socioeconomic changes and the business environment today offers a multitude of opportunities for organizations operating in the region. These same organizations, however, need to be able to properly manage a complex array of business risks, which includes operational, financial, regulatory, reputational, strategic, and, of critical importance, cyber risks and uncertainties,” said Hani Khoury, Managing Partner - Risk Advisory, Deloitte Middle East. “We are very pleased with this recognition and we will continue to invest in the Middle East to strengthen our risk advisory expert teams of experienced partners, leaders, and young men and women from across the region and the world to serve the markets and our clients.”