Lockton, the world’s largest independent insurance broker continues to strengthen its presence with the appointment of Fady Khawam as General Manager heading Lockton MENA’s reinsurance strategy in North Africa.
With over 20 years of leadership experience in the insurance and reinsurance industry, Fady has a proven track record of driving market expansion, developing tailored reinsurance strategies, and overseeing large-scale operations. His expertise in facultative reinsurance solutions across Africa makes him a valuable addition to Lockton’s leadership team as the company continues to grow its regional presence.
Growing Wholesale and Reinsurance Capabilities in North Africa
North Africa is a key market for Lockton, with increasing demand for specialised risk transfer solutions. Fady’s appointment reflects the company’s focus on delivering technical expertise, strengthening partnerships with insurers and intermediaries, and expanding its portfolio of reinsurance solutions tailored to the region’s evolving risk landscape.
Ata Khatib, Chairman Lockton MENA commented: "Fady’s extensive experience in reinsurance and deep understanding of the African market make him the ideal leader to drive our next phase of growth in the region. His expertise will be instrumental as we continue to develop innovative solutions that support our partners and drive us toward a leading position in the market."
Naji Abboud, Regional Managing Director – Wholesale, Lockton MENA, added: "As we expand our wholesale and reinsurance operations in North Africa, Fady’s leadership will be key to strengthening our presence and enhancing our technical capabilities. His strategic insights and industry knowledge will be instrumental in advancing our position as a leading reinsurance provider in the region”
Based in Casablanca, Morocco, Fady will lead Lockton’s wholesale and reinsurance strategy across North Africa, focusing on market development, operational excellence, and delivering innovative risk transfer solutions.