3rd Annual Middle East and Africa Insurance Summit

Oct. 1, 2012 - PRLog -- The MEA insurance market is characterised by a large number of playersin a limited market. With a majority of these being unregulated, there existsa cut-throat price war; demanding a need to set up effective regulationsthat will see the desired consolidation and fuel commercial growth. Takaful– the Islamic alternative to conventional insurance – represents a radicalnew insurance business model that is firing a potentially very big emergingmarket in the MEA.

Now in it's third year, the Middle East and Africa Insurance Summit,will be held on 14-15 January 2013 in Dubai, UAE.  The conferencewill explore the progress of  the Middle East and Africa insurance marketfocused on maintaining profitable business in the sector and the changethey are experiencing as leading industry players implement re-tooledstrategies to tap into the enormous growth potential that the region offers.

The conference will bring together insurance authorities, associations, insurance experts, technology providers and CEOs of leading Insurance firms on one platform. The key topics to be discussed will include insurance and re-insurance strategies, real time updates on Takaful, effective risk management strategies, opportunities to upgrade the technology systems, trends, opportunities and challenges in bancassurance,  M & A strategies, Corporate Governance strategies, and best practices to function post Arab Spring.

Very few people have the opportunity to learn from a gathering ofprofessional advisors such as those who will be sharing information at theconference. Her Excellency Fatima Al Awadi, Deputy DirectorGeneral, UAE Insurance Authority will speak at the event giving aninsight about "The latest development in the Regulation of UAE InsuranceMarket". The conference will be held under the patronage of EmiratesInsurance Association, whose chairman, His Excellency Eng. SalehBin Rashid Al Dhahiry will give the inaugural speech at the conference.The elite speaker panel will also include industry movers and shakers likeKK Jayarajan, Deputy General Manager, Al Fujairah NationalInsurance Co, Amol Shah, Business Head – Bancassurance, First GulfBank Group, Fatai Lawal, Managing Director/CEO, Sterling Assuranceand former President, West African Insurance CompaniesAssociation (WAICA), Mr. Ravi Shankar, CEO, Oman UnitedInsurance Company etc.

More information about the 3rd Annual Middle East and Africa Insurance Summit can be obtained by contacting Karthik Naik at karthik.naik@fleminggulf.com

About Fleming Gulf Conferences

Founded in 2005, Fleming Gulf is young, dynamic and has fast become one of the leading providers of business intelligence through industry specific conferences, webinars and skills enhancement training courses. Our goal is to link professionals and provide them with commercial acumen, business investment contacts and a world of opportunities. Our reach is global-spanning serving organisations in the Middle East, Asia, Africa, Europe, and as far as Latin America.

With a rich history of producing high quality, industry specific business events around the world, Fleming Gulf Conferences is one of the leading names in the business intelligence industry. Our B2B conferences are highly interactive with participants coming from specialized industry sectors including Finance, Oil & Gas, HSE & Security, Transport & Logistics, Utilities, Mining, Real Estate, Construction, Life Sciences, Telecom & IT, HR and Marketing.