Over 450 industry leaders gather at the 6th Annual MEIF:
Predicting a positive outlook for the regional insurance market

The hugely successful 6th Annual Middle East Insurance Forum (MEIF 2010) wrapped-up on the 8th of February with resoundingly positive feedback on the potential development of the regional insurance market. Delegates took full advantage of the opportunity to engage in "back to basics" discussions in recognition that the insurance industry has to refocus its business strategies and strengthen the underlying fundamentals of operating a successful insurance company.

Industry Leaders Engage the Core Issues: The success story of MEIF 2010

With more than 450 senior decision-makers participating in the conference, combined with the quality of debate stimulated by the expert speaker panel, MEIF 2010 successfully exceeded even our most optimistic expectations and has now further established its position as the largest and most important annual gathering of insurance leaders in the region. Industry leaders participated in high-level networking and deliberated insights from their peers and internationally renowned industry specialists on the challenges to regional growth prospects in the aftermath of the global financial crisis.
Key messages from the 6th Annual MEIF: Back to Basics to Achieve Success

The industry leaders gathered at MEIF 2010 agreed that the low density and penetration figures in the Middle East Insurance industry confirm the significant potential for growth. The role of an effective regulatory system and good corporate governance was further emphasized. Speaking at the conference Abdul Rahman Al Baker, Executive Director - Financial Institutions Supervision at the Central Bank of Bahrain said: "Company management need to reassess their operations and provide a clear direction on how to adopt and possibly revamp their business strategies in order to pursue growth opportunities in the region. Without a thorough review of these key areas including product development and underwriting trends, reinsurance capabilities in the region, investment strategies and corporate governance, insurance firms will be ill prepared to address the challenges ahead."
MEDGULF Voted Insurance Company of the Year

MEDGULF was also recognised as the winner of the prestigious MEIF 2010 Insurance Company of the Year Award during a high-profile gala dinner at MEIF 2010. This was in recognition of their excellence in the development of innovative products and services that substantially advanced the regional insurance industry.

Given the high-level nature of important discussions, MEIF 2010 attracted large delegations of international and regional media.

Make Sure That You Are Part of the Industry's Dynamic Future - Don't Miss the 7th Annual Middle East Insurance Forum (MEIF 2011)

We had tremendous feedback on the importance of MEIF in shaping the future landscape of the regional insurance industry and would like to offer our gratitude to all our strategic partners, speakers, sponsors, delegates, sponsors, exhibitors, and media for making the 6th Annual Middle East Insurance Forum such a huge success. We look forward to meeting you at the 7th Annual MEIF in February 2011.