SEWA Delegation Visits Marsh McLennan in London
A team from the Sharjah Electricity, Water and Gas Authority (SEWA) recently traveled to London to meet with Marsh McLennan, the world’s largest provider of risk and insurance solutions. The delegation included Majid Hussein Al Mutawa, Hassan Ahmed Hassan Abdullah Al Zarouni, and Hadef Sultan Mohammed Al Saleh Al Tunaiji, who are key directors at SEWA.
Key Discussions and Developments
During their visit, the SEWA team engaged with Marsh McLennan’s International Energy and Utilities Insurance Team to discuss global insurance industry updates and Marsh McLennan’s services. They explored ways to enhance insurance services for vital facilities in Sharjah, aiming to meet the growing energy demand in the emirate.
Strengthening Partnerships
The visit also focused on strengthening relationships with major insurance companies like STARR, Allianz, Score, and QBE. The delegation visited Lloyd’s of London to explore new insurance solutions, including an owner-controlled construction insurance program and a cyber risk assessment and insurance framework.
Future Collaborations
SEWA plans to collaborate with Marsh McLennan and Al Buhaira National Insurance to develop a robust risk and insurance framework. This strategy aims to support SEWA’s growth and innovation, ensuring it remains a leader in the energy and utilities sector.
Doubts Revealed
SEWA -: SEWA stands for Sharjah Electricity, Water and Gas Authority. It is an organization that provides electricity, water, and gas services in Sharjah, which is a city in the United Arab Emirates.
Marsh McLennan -: Marsh McLennan is a global professional services firm that provides advice and solutions in the areas of risk, strategy, and people. They help organizations manage risks and improve their business strategies.
Lloyd’s of London -: Lloyd’s of London is a famous insurance market located in London. It is known for providing specialized insurance services and is a place where insurance buyers and sellers come together to do business.
Cyber risk assessment -: Cyber risk assessment is the process of identifying and evaluating risks related to digital threats, like hacking or data breaches. It helps organizations protect their information and systems from cyber attacks.
Al Buhaira National Insurance -: Al Buhaira National Insurance is an insurance company that operates in the United Arab Emirates. They provide various insurance services to individuals and businesses.
