ABOUT US
Al Afaq Insurance Brokers serves the Private and Public sectors in Qatar by providing insurance solutions following market best practice. We understand local market requirements, whilst also having international knowledge capabilities and potential. We recently joined the Chedid Insurance Brokers Network to be able to service and cover our clients across all continents.
Al Afaq Insurance Brokers Customer service is 24/7 operational to serve our clients at our best and make sure all requirements are fulfilled during any situation. Our advanced IT platform allows us to manage our data and our activities remotely at any time.
Al Afaq Insurance Brokers launched recently a High Net Worth department to target this segment of the population in Qatar and is working very closely with international and local providers to cover this segment.
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 Al Afaq Insurance broking, a Qatar National company, it is our promise to become your trusted advisor; a reliable and loyal partner that you can turn to for all manners of insurance risk. Building trust 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 on a daily basis. We recognize how individual requirements for each client are unique, whether a simple transaction or complex risk solutions, your company’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.
Regional presence across MENA
More than 300 staff dedicated to service your business
We deploy our vast network of relationships to the interest of our clients
Regularly update our clients with the changes and the outlook of the insurance industry
Stringent compliance department
Agility & proactiveness
Will assist you to assess and mitigate your risks
Will design and place your insurance program with reliable carriers at the best available price
Will ensure that the information provided to underwriters is of sufficient breadth and quality
Will provide you with alternatives in the choice of insurance terms and providers
Will be on your side in the event of any claim and manage collection from insurers with minimum delay
OUR CORE SERVICE TEAM
Al Afaq Insurance Brokers 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.
Ahmed Abdulla M.A. Al-Khulaifi
Chairman
Al Afaq Insurance Brokers
With over 21 years of experience in the Public and Private sectors, Ahmad is the Chairman of Al Afaq Insurance Brokers since 2019. He holds an MBA from Oklahoma City University and a Bachelor degree from Qatar University.
Ahmed has occupied several functions in the Public and Private sectors mainly, Managing Director and member of the board of Al Jazeera News Network (2007-2009), Assistant Minister of Health for Administration and Financial Affairs (2009-2016), Board member of Al Mowasalat and Vice Chairman and Board member of Al Meera Group.
Farid Chedid
Chairman and CEO
Chedid Insurance Brokers Network
Starting with the launch of the group in 1998, Farid Chedid embarked on a two-decade journey, building a leading insurance and reinsurance powerhouse that operates across Europe, the Middle East, Africa and South Asia. Chedid Re, one of its subsidiaries, is recognized among the top 20 reinsurance brokers worldwide and a registered Lloyd’s broker.
Under Farid’s leadership, Chedid Capital Holding today includes Chedid Re, Chedid Insurance Brokers Network, Ascoma and Chedid Corporate Solutions, among others, and counts more than 1,600 employees across 64 subsidiaries.
In 2009, the Group established Seib Insurance in Qatar, dealing with corporate and complex risks. In 2015, Chedid Capital acquired a major stake in City Brokers, the leading insurance provider in Mauritius and East Africa and Al Manarah Insurance Services in the UAE.
Farid’s growth philosophy has equally focused on investments in industry-wide education and knowledge exchange, among which was the launch of the Corporate Risk Management Institute (CRMI) in 2020.
In 2021, Chedid Capital acquired majority shares in Groupe Ascoma, the first and largest independent brokerage network in sub-Saharan Africa with 29 subsidiaries, head offices in Monaco and international operations offices in Paris. In 2022, the Group continued its digital transformation by acquiring BuyAnyInsurance, a leading aggregator in the UAE, and intends to expand in the territories it operates in.
His contribution to the insurance field has been recognized with many accolades over the years, including “The Middle East and Africa Industry Achiever of the year” by Global Re and Strategic Risk consortium in 2016. In 2017, 2018 and 2019, he was named among the “100 Arab Achievers” by Arabian Business, and among the “35 Most Influential Lebanese Businessmen” by Forbes Middle East in 2018.
Farid sits on the board of several leading MENA companies both within and outside the insurance sector and has been equally involved in philanthropic initiatives and organizations across the region. Today, he serves as a member of the Board of Trustees at Notre Dame University, Lebanon; a member of Human Rights Watch, Beirut Committee; a UNDP Goodwill Ambassador and a Fellow of the Middle East Leadership Initiative (MELI), member of The Aspen Global Leadership Network (AGLN).
Farid is also a Fellow of the Chartered Insurance Institute of the UK and holds a master’s degree in Risk Management from the NYU Stern School of Business; a master’s degree in Finance from ESA/ESCP Europe; a master’s degree in Management from Université Paris IX Dauphine; and a postgraduate diploma in Maritime Law from London Metropolitan University.
Karim Zarka
Managing Director
With over 27 years in the media and communication fields, Karim holds a Bachelor’s Degree in International Affairs from Beirut University College. Prior to joining Chedid Capital, Karim was the CEO of Grey Group in Doha for a period of 12 years and is currently an Executive Director at Chedid Capital.
In addition to his role of managing the Corporate Communication and Marketing department at Chedid Capital, Karim plays a role in the business development of the Group and was appointed recently Managing Director of Al Afaq Insurance Brokers.
Mohamad Wazeh
Head of Operations
Al Afaq Insurance Brokers
With over 8 years in the Insurance and customer service fields, Mohamad holds a Bachelor’s Degree in Nursing from American University of Beirut.
Prior to joining Al Afaq Insurance Brokers, Mohamad was in the Key account management of Seib Insurance and Reinsurance Life & Medical Department in Doha for a period of 5 years and is currently Head of Operations at Al Afaq Insurance Brokers.