EC3 Brokers MEA announces the appointment of Serge Calfa to the newly-created role of regional director of treaty. Based in Dubai, Calfa joined on 1 June from Munich Re and will report to the senior executive officer Steve Hart.
Calfa has more than two decades of experience in the insurance and reinsurance industry and brings with him a wealth of regional experience having worked in the Middle East since 1999. Most recently he was a senior manager at Munich Re in Dubai, where he had worked since 2006 developing the MEA region, writing risk premiums in excess of €500M. Prior to this, Calfa held various positions including head of health and personal lines for Saudi General Insurance company and head of operations for INAYA Administration and Underwriting Agency.
Calfa will lead on all treaty business for EC3 Brokers’ clients with a primary focus on health & life treaty, which is increasing in prominence and value in the region due to the privatisation of healthcare and ever-increasing premiums.
Calfa said: “This is a great opportunity for EC3 Brokers to advance in a competitive landscape and propel in all lines of reinsurance business. With my experience in personal lines products and my reach across the region, I’m excited about building EC3 Brokers’ growing portfolio.”
Hart added: “Serge has an unparalleled reach within the region. His ability to build relationships and develop new products enables us to tailor to clients’ more specifically and enhance our broking services without being restricted to specific products. There aren’t many Serges in the market, so this new role is exciting and something outside the box for EC3 Brokers.”
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About EC3 brokers
Formed in 2013 by its CEO Danny Driscoll, EC3 Brokers is an ambitious, independent commercial lines Lloyd’s broker, headquartered in London with subsidiaries in Dallas, the US and Dubai’s DIFC.
The business employs around 40 people. EC3 is recognised as a client focussed, service-based intermediary in the MGA world, most notably in US construction, as well as global entertainment/contingency in which lines the company enjoys a market leading presence; North American reinsurance, international PI, global cyber, marine and North American active shooter/terrorism insurance make up the remainder of EC3’s diverse and growing portfolio.
EC3 is privately held and profitable. The majority of equity is held by management and staff although a meaningful portion is held by a very limited number of strategic investors.
For more information please visit www.ec3brokers.com