Kenneth Maw, Chairman of Refpoint Business Consultants and AXCO’s Middle East Partner, was interviewed by Gulf News to share his perspective on the impact of oversupply in the Life Insurance Sector on the Insurance industry in the UAE.
Kenneth and Refpoint Business Consultants
Kenneth has been in the Commercial Insurance business since the early 80s when global trade and economic development was booming. He has been a leading figure in the insurance market in the UAE and has led several successful insurance businesses including HSBC Insurance Brokers and Insure Direct (Brokers).
Under Ken’s leadership, Insure Direct was nominated by Euromoney as the ‘Best Broker Middle East’ in 2009 and by MENA Insurance Review ‘Best Commercial Lines Broker of the Year’ for 3 consecutive years in 2010, 2011, and 2012. In 2014 and 2015, Insure Direct won MENA Insurance Review ‘Most Innovative Broker of the Year’.
Towards the end of 2016, after spending over three decades in the Insurance Broking Industry, Kenneth decided to launch a new business consultancy venture and formed Refpoint Business Consultants.
Kenneth brings with him a network of positive business relationships that comprise not only leading carriers and key entities in the Insurance Industry, but also larger government and public organisations across the MENA region.
With the combined expertise of the team at Refpoint Business Consultants, across multiple industry sects, Refpoint strive to offer robust start-up business consultancy services to businesses and individuals alike, who wish to access the Middle Eastern Market.
Refpoint Business Consultants interviewed by Gulf News as Axco’s Middle East Partner
In late October 2016 Refpoint Business Consultants partnered with Axco Information Services . The Dubai-based business consultancy is currently working to offer Axco’s research and data services to the UAE, Iran, Qatar, Saudi Arabia, Turkey and Egypt. Refpoint are also committed to develop Axco’s range of services to meet the specific information requirements of MENA based users.
Axco is the leading supplier of global insurance market information with over 50 years’ experience in researching and publishing industry intelligence on insurance and employee benefits. As Axco’s official Middle-Eastern representative, Refpoint Business Consultants was approached by Gulf News to discuss how the introduction of compulsory insurances has impacted the Life Insurance Sector.
In the interview Kenneth discusses the change in underwriting practise and with the research and data collected by Axco on the MENA marketplace, they discuss growth prospects in the Middle Eastern Life Insurance market.