(Image credit: Ashish Laddha.)
Charles Taylor InsureTech (London) announced that it has opened a new office in Dubai to meet the growing demands for technology-related business transformation programs in the regional insurance market. The business will be led by Shahid Safdar, who has been appointed as Managing Director, for the Middle East and North Africa (MENA) regions. Safdar joins Charles Taylor InsureTech from Takaful Emarat (Dubai) where he served at Chief Digital Officer, responsible for defining and executing the digital strategy transforming the company into a digital insurer.
Shahid Safdar has extensive experience leading business change programs. He previously worked in senior management consultancy roles for Grant Thornton, KPMG and Satori Consulting.
The new MENA office builds on Charles Taylor InsureTech’s growth in European and Latin American markets. The company reports that success in the U.K. has resulted in its being appointed to provide a global delegated authorities platform for Lloyd’s, which is at the center of the organization’s digital transformation program. In Latin America, Charles Taylor InsureTech became an important player after acquiring regional insurance technology business Inworx (Buenos Aires).
“We believe there is a great opportunity for Charles Taylor InsureTech in the Middle East and North Africa,” Jason Sahota, CEO, Charles Taylor InsureTech. “I am delighted to welcome Shahid to my management team. His business change and transformation experience means he will be well-positioned to support and drive change for insurance companies and brokers in the region. This is a very exciting time as we continue to take the business forward and help our clients adapt to the challenges they are facing.”