Doha, 9 July 2008
Cunningham Lindsey International (CLI) is pleased to announce that it has been authorised by the Qatar Financial Centre Regulatory Authority to operate from the Qatar Financial Centre.
Pictured here are Hugh Kennaway (right), Operations
Director – Middle East and Reubin Iqbal, Country Manager in Qatar. |
We are delighted to have received a license from Qatar Financial Centre Authority to provide insurance services in Qatar. This represents the latest step in the strategic development of our network of offices in the Middle East, where Cunningham Lindsey International is already present in 9 countries. Our Qatar office opened on 1st July 2008 and, supported by the adjusting, surveying and engineering expertise available through CLI’s other offices in the region is now positioned to assist in the handling of losses occurring in Qatar for local, regional and international clients.
Our Doha office will be headed by Reubin Iqbal, Country Manager, who has over 16 years of experience in the insurance industry. Having trained as a Civil Engineer, Reubin has an excellent understanding of Contractors All Risks claims and has worked for our Construction Division in London since 2004.
Stuart Pearce, QFC Authority CEO and Director General said: "A very important part of our role in developing Qatar's insurance sector is to attract firms that can contribute to the technical expertise in the local and regional market. The rapid growth of the Qatari economy will produce more and more business opportunities for the insurance industry and such firms will be required to ensure that the growth is met and sustained by world class players. We welcome Cunningham Lindsey International Qatar and wish them success in helping us to meet these goals".
If you would like any further information, please do not hesitate to contact us:
Cunningham Lindsey Qatar LLC
Office 1506, 15th Floor
Ministry of Economy and Commerce Building
West Bay, Doha State of Qatar
Tel: +974 602 4608
Media Contacts
Hugh Kennaway
Mobile: +971 50 457 9724
E-mail: hkennaway@cl-int.com
About Cunningham Cunningham
Lindsey International maintains a strong network throughout the Middle East with offices in Abu Dhabi, Bahrain, Cyprus, Dubai, Kuwait, Oman, Saudi Arabia, in addition to Qatar and supported by our Group offices throughout the rest of the world. General Enquiries bprice@cl-int.com
Qatar Financial Centre
The Qatar Financial Centre (QFC) is a financial and business centre established by the Government of Qatar and located in Doha. It has been designed to attract international financial services institutions and major multi-national corporations and to encourage participation in the growing market for financial services in Qatar and elsewhere in the region. The QFC will operate to international standards and provide a first class legal and business infrastructure for those operating within the QFC. The QFC was created by Qatar Law No.(7) and has been open for business since 1 May 2005.
QFC Regulatory Authority
The QFC Regulatory Authority is an independent regulatory body established by Article 8 of the QFC Law. It regulates firms that conduct financial services in or from the QFC. It has a broad range of regulatory powers to authorize, supervise and, when necessary, discipline firms and individuals. The QFC Regulatory Authority regulates firms using principle-based legislation of international standard, modeled closely on that used in London and other major financial centers. The Regulatory Authority is currently receiving applications and granting authorisations.
QFC Authority
The QFC Authority is the commercial, administrative and legislative body responsible for driving the commercial strategy of the QFC and for developing relationships with the global corporate community and other key institutions both within and outside of Qatar.