ABOUT US
Chedid and Associates Saudi Arabia was established in 2012 by Abdulmonen AlRashed and Chedid Capital Holding, and it is regulated by the Insurance Authority (IA) License No. (69/201310). Chedid and Associates KSA is a member of the Chedid Insurance Brokers Network, the insurance broking network of Chedid Capital, which has become in less than 10 years the most dynamic and reliable network in the Middle East and Africa, growing stronger with every step it takes.
With offices in Abu Dhabi, Beirut, Cairo, Doha, Dubai, Istanbul, Jeddah, Khobar, Limassol, London, Port Louis, Riyadh and Sharjah, the network employs more than 300 professionals and offers to its clients a wide range of bespoke insurance products and solutions. The network is proud to have built over the years trusty relations with regional and international insurance companies.
Our Values
We practice what we preach with a performance-driven, goal-oriented, and forward-thinking approach to insurance innovation and leadership. In this ambition, our values form the cornerstone to our success
TRANSPARENCY
In a constantly disrupted industry, our open lines of communication on both our challenges and opportunities have forged strong relationships with our stakeholders, built on mutual respect, trust and ethics.
PASSION
We love what we do and we do what we love. Our passion to create, innovate, and grow solutions that keep pace with our industry and client needs remains central to our market leadership.
RESILIENCE
We see opportunity in challenging times and uncharted territory, and we have the tenacity to match our bold ambitions against the odds.
AGILITY
We move fast and firmly in navigating our industry’s volatility and complexity as we invest in future-ready people, platforms, and technologies.
KNOWLEDGE
We challenge ourselves first, our industry second, with restless eagerness and appetite to learn, unlearn, and relearn.
Our Promise
At Chedid and Associates Saudi Arabia, a member of Chedid Insurance Brokers Network, it is our promise to become your trusted advisor; a reliable and loyal partner that you can turn to for all aspects of insurance risk. Building trust and confidence can only be achieved through honesty, integrity and the ability to deliver what is promised; all of which are qualities and values we are committed to and practice. We recognize how individual requirements for each client is unique, whether it is a simple transaction or complex risk solution, our client’s best interest is our priority.
Part of Global Networks
Euribron was founded in 1994 as a network of independent insurance brokers to help their members extend their international reach and deliver the same level of service they provide to their local clients. Today, the network has expanded from the original 6 European members to 34 company members located in 99 countries. As the demand for international insurance programs increases, Euribron continues to expand around the world, enrolling leading local insurance brokers who share the same vision of delivering high performing insurance solutions and outstanding level of service.
The Worldwide Insurance Network Group (WING) is a select panel of independent insurance brokers who can provide a coordinated, integrated insurance and risk management solution for businesses operating on the global stage. Our well established international partnership covers more than 55 countries, with each WING broker dedicated to delivering coordinated, integrated insurance, risk management, employee benefits and consultancy services through expert specialist teams.
Founded in 1954, Assurex Global is an exclusive Partnership of the most prominent independent agents and brokers in the world. With $30 billion in annual premium volume and more than 600 Partner offices, Assurex Global is the world’s largest privately held commercial insurance, risk management, and employee benefits brokerage group. Assurex Global’s combination of local expertise and global reach helps you navigate the changing insurance landscape with confidence.
VALUE ADDED
In the event of a major loss to your business or personal property, the adequacy of the insurance protection you have purchased is paramount.
Financial
- Independent advice at no extra cost
- Premium reduction through competition
- Administrative expenses reduction
- Insurance & Reinsurance Securities choice
- Premium payment and claims management
Operational
- Quality information to underwriters
- Flexibility in the choice of insurance terms
- Technical Support
- Continuity
- Expert advice
Claims
- Recommendations of Loss Adjustors according to the peculiarity of the claim and territory
- Expert negotiations with the parties concerned in the interest of all
- Control of claims collection from Insurers with minimum delays
OUR CORE SERVICE TEAM
Chedid and Associates Saudi Arabia provides clients customized service combined with expertise, knowledge, proactive service and support.
We assist you with the analysis of your risk exposures, to the design and placement of a bespoke insurance program, to guide you in the event of an insured loss. Our staff is committed to protect your interest at every step.
Our professional personnel ensure that added value is provided with each service, striving constantly to build trust, sustain confidence and react swiftly to all your requirements.
They reach out beyond servicing to build a close, cordial relationship and become your closest advisor, helping you make the right insurance decisions whilst our strong technical departments are dedicated to provide you with a tailored solution every time.
Abbas Al-Brahim
Chairman
Abbas Al-Brahim is a board member in several companies representing Al Rashed Group. He is the Executive Director of RICO Holding KSA, Executive Director of Al Rashed Real Estate Investment Holding, Saudi Vetonite SAVETO S.A., Managing Director of DARMCO Ltd, board member of Chedid Capital and Chairman of Chedid Re KSA.
Before joining the Rashed Al Rashed Group of companies as Executive Manager, Abbas was a banker for Saudi French Bank for 25 years.
Abbas holds a bachelor’s degree in General Accounting and an MBA from Columbia University.
Metropolitan University.
Salem El Sulaiman
Chief Executive Officer
An insurance expert with over 10 years of experience in the insurance industry in the Kingdom of Saudi Arabia, Salem holds a bachelor’s degree in Management Information Systems from the King Fahad University of Petroleum and Minerals, a diploma in insurance from the Institute of Banking of Riyadh and a master’s degree in Healthcare Supervision and Management from the University of Pittsburgh. In addition to successfully attending several courses and training, Salem holds a Certificate in Insurance from the Chartered Insurance Institute (CII) in the UK. In 2020, Salem was elected Chairman of the General Insurance and Reinsurance Brokers Committee in KSA. Prior to joining Chedid & Associates KSA, Salem was the Chief Commercial Officer at Medgulf Insurance and Reinsurance.
Co Saudi Arabia.
Mohammed D. Al Hareth
Executive Vice President Eastern Region
An insurance professional with over 17 years of experience in the insurance industry in the Kingdom of Saudi Arabia, Mohammed is the Executive Vice President Eastern Region. Prior to joining the company, Mohammed was the Acting Head of Eastern Region and Regional Sales Manager at Medgulf Insurance and Reinsurance KSA. Mohammed holds a BS in P.A. Health Services Administration from the Economics and Administration at King Abdulaziz University, an Insurance Foundation Diploma (IFD) from the Institute of Banking – Riyadh and successfully attended more than 13 courses and trainings in the insurance and financial services.
Badur Muzaffar
Branch Manager Western Region
An insurance professional with over 10 years of experience in the insurance industry in the Kingdom of Saudi Arabia, Badur is the Branch Manager of Chedid & Associates KSA. Prior to joining the company, Badur was the Client Relations Manager and Branch Manager at Trust Insurance Broker in KSA. Badur holds a BS in Business Management from Bloomsburg University – USA and an MBA in Strategic Management from Niagara University – USA. He holds a CII from the Chartered Institute of the UK.
Co Saudi Arabia.