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.
Muath Al Feraihi
Chief Executive Officer – Chedid Insurance Brokers KSA
Muath Al Feraihi is a seasoned executive with over 13 years of experience in commercial development, relationship management, and operational transformation within the Saudi insurance and financial sectors. He currently serves as Chief Executive Officer of Chedid Insurance Brokers KSA, leading the company’s local operations, commercial strategy, and cross-border expansion.
Prior to joining the group, Muath held several senior management remits across insurance and banking institutions, where he played a central role in client retention, operational restructuring, business development, and local partnerships. He has forged strong connections with public-sector stakeholders throughout his career, and today sits on the board of several private companies in the Kingdom.
Muath holds a Bachelor of Science in Political Science from King Saud University (KSU), and has completed advanced courses in strategic management, quality systems, and business law.
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
Director 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.
Majed Alhabs
Director – Central Region
Majed serves as Director-Central Region at Chedid Insurance Brokers Saudi Arabia, where he leads regional insurance management operations, drives sales performance, and oversees compliance and branch activities across multiple markets. With over a decade of experience in the insurance sector, he has built a strong track record in sales leadership, operational efficiency, and developing strategies that deliver sustainable growth.
Prior to joining the Chedid Insurance Brokers network, Majed served as Head of Region at Elite Insurance Broker, where he successfully managed sales performance, operational excellence, and portfolio growth. His earlier career included progressive leadership roles at Tawuniya Co., where he was responsible for expanding corporate accounts, developing key customer relationships, and increasing the company’s market share in the region.
He holds a bachelor’s degree in English Language and Translation from Qassim University. In addition, he has earned key industry certifications, including the Insurance Foundation Certificate Examination (IFCE) and the Associate, Life Management Institute (ALMI) designation.
Tarek Almohammed
Director – Eastern Region
In his role as Director-Eastern Region at Chedid Insurance Brokers Saudi Arabia, Tareq oversees regional operations, commercial strategy, and business expansion. He brings more than 13 years of experience in the Kingdom’s insurance industry, with a strong track record in regional management, broker relations, talent development, and operational oversight.
Prior to joining the Chedid Insurance Brokers network, Tareq held a number of leadership, multi-region, and cross-disciplinary remits. Most recently, he served as Chief Sales and Marketing Officer at Mutakamela Insurance Company in Riyadh, successfully leading strategic initiatives for sales optimization, client acquisition, and portfolio expansion. He also previously held the role of General Manager – Eastern Region at Medgulf Insurance Company in Khobar, directing teams across sales, operations, and customer management, and forging strong broker partnerships. His earlier career spans managerial roles at Elite Insurance & Reinsurance Broker, Alinma Tokio Marine, and Solidarity Saudi Takaful Company.
Tareq holds a Bachelor of Business Administration from King Faisal University and an English Diploma from the University of North Carolina (Charlotte). He also completed the Future Finance Leadership Program at the Financial Academy in Riyadh.
Saad Ali Saad Al-Tamimi
Director – Relationship Management
Saad serves as Director – Relationship Management at Chedid Insurance Brokers Saudi Arabia. He brings extensive experience in account management and client servicing across key insurance lines of business.
Saad joined the Chedid Insurance Brokers network after more than five years with Elite Insurance & Reinsurance Brokerage Company, where he advanced through multiple roles, including Senior Account Manager, Senior Relationship Manager, and most recently, Head of Relations. During this period, he managed a diverse portfolio of clients across sectors, strengthened customer retention, and supported strategic growth in key lines of business.
Saad’s earlier career spans roles at Trust Insurance Brokers, where he gained solid expertise in marine underwriting and claims management, and at Saudi Electricity Company, where he strengthened his technical expertise in information security, governance, and IT systems management – offering him unique insight and perspective on operational risk and customer-centric service delivery.
Saad holds a Bachelor’s degree in Computer Engineering from Prince Sattam bin Abdulaziz University. He has also completed several certifications across the insurance, financial services, and information security sectors, including CCNA (Cisco Certified Network Associate), Security+ (Abad Institute), and the IFCE (Insurance Foundation Certificate) Anti-Money Laundering and Countering Terrorist Financing certificate from the Saudi Central Bank (SAMA).
Abdallah Al-Yami
Director – Quality Control & Client Experience
As Director – Quality Control & Client Experience at Chedid Insurance Brokers Saudi Arabia, Abdullah brings more than ten years of experience in the insurance and financial services sectors. His career boasts a solid track record in strategic growth, sales management, operational optimization, and customer service excellence.
Prior to joining the Chedid Insurance Brokers network, Abdullah served as Head of Region – Western Region at Elite Insurance Broker Company, where he successfully managed sales performance, spearheaded strategic regional expansion opportunities, and forged long-term partnerships with key industry stakeholders.
Earlier in his career, Abdullah held senior commercial and financial positions, including as Chief Commercial Officer at Business Horizons Real Estate Company, where he led sales and business development strategies, strategic expansion, and profitable portfolio diversification. In his previous roles at King Abdullah Port Development Company and Tawuniya, Abdullah gained wide-ranging commercial, operational, and financial expertise that continues to inform his leadership approach.
Abdullah holds a Bachelor’s degree in Business Administration and Management and a Diploma in Accounting from the College of Technology in Jeddah. He has also obtained key industry certifications, including the Insurance Foundation Certificate (IFCE).