Author Archives: insuranceguild

About insuranceguild

Sharing Knowledge for the Common Good: Many associate guilds with British pre-industrial era. However, predecessors of guilds are found as far back as the 3rd century BC in the Roman Empire. They were also present in various civilizations including Ptolemaic Egypt, India, Iran, China, African dynasties as well as various European countries such as medieval Germany and Italy. A guild is typically an association of practitioners from the same trade. In addition to protecting and developing crafts, trades and business, guilds also helped foster a learning environment among members. Through this platform I wish to share articles of an insurance / risk management nature and hopefully generate comments from readers that would help to enrich my knowledge as well as the knowledge of other insurance and/or risk management practitioners. About the Author: A Chartered Insurance Practitioner by profession, James Portelli is also a Fellow of the UK Chartered Insurance Institute and of the UK Institute of Risk Management and holds an MSc in Risk Management from Glasgow Caledonian University, U.K. James has been active in insurance and risk management since 1990 and in training since 1987. He started his insurance career in general insurance underwriting and agency/broker management with Middlesea Insurance plc (also forming part of the company's Risk Management Implementation Committee and assisting in captive insurance development). He first moved to the Middle East in 1998 occupying senior training, technical, consulting, business development, risk management and strategic development roles. James is also a 2008 CII (UK) Morgan Owen Prize Winner and the 2011 IRM (UK) Steve Butterworth Award Holder.

From Breakneck Growth to Profitability: Insurance in the Middle East

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The Virgins and the Oil Lamps

Thinking the Unthinkable? In 2011, according to Munich Re, the insurance industry paid over US$ 100 billion in natural catastrophes and extreme events. It was not much earlier (2005) that a similar amount was paid out for similar claims. 2011 … Continue reading

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M.E. Insurance after the Crisis

With the crisis behind us – at least in the Middle East – there is renewed optimism in the region particularly with the expectations of such events as the World Cup (Qatar), the Expo 2020 (Dubai) and the generally constantly buoyant … Continue reading

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The Applicability of EU Insurance Regulations to the MENA Region

This is an essay published in two parts in a regional insurance journal. Although this is a 2008 Essay the historical analysis of the parallel political and economic development of two distinct markets (EU and MENA) is all very relevant. … Continue reading

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PPI: Parallel Prognosis? (UK – UAE Bancassurance Markets)

Setting the Scene In July Reuters reported that the UK Financial Ombudsman has started to see a decline in the number of grievances it was receiving in relation to payment protection insurance policies. This does not mean that cases have … Continue reading

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2013 UAE Insurance Outlook: White Lies | Black Lies | Statistics

Introduction Insurance Insight’s news-piece dated May 8th entitled, “UAE Insurance Sector Expected to Grow in 2013” proved interesting to read for a number of reasons. Firstly, as an insurance practitioner active in the region since the 1990s and having experienced the … Continue reading

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Is the client always right?

http://www.insuranceinsight.com/insurance-insight/blog-post/2260973/blog-is-the-client-always-right Emulating Heath Barely three months into my new job, I totally immersed myself in the challenges that it has to offer and I am enjoying every step of the journey with the customary “bring it on” attitude to life. … Continue reading

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