Business & Money | Sunday 30 September, 2018 8:54 am |

 

*BRANCHES OF PARIS-BASED SIACI SAINT-HONORE GROUP

 

SIACI SAINT HONORE, provider of insurance brokerage and consulting services, known locally under the name of Alpha Lloyds & MSH, inaugurated their offices yesterday in the heart of Business Bay (One by Omniyat tower), Dubai, under the patronage of the Consul General of France in Dubai & Northern Emirates.

Born in France, the group is now a leading actor in the European market and aims to become a global player with Dubai as one of their main hubs. Their positioning combines flexibility, innovation and client-driven approach.

Active in the UAE since 2006 with its affiliate MSH International, the group strengthened its position with the acquisition of Alpha Lloyds in 2017. Its ambition is now to become the key insurance broker between France and the UAE, able to cover the risks of Emirati clients in Europe and to follow French clients in the region. Currently, Alpha Lloyds and MSH International are now the only French insurance brokers active in the United Arab Emirates.

The inauguration involved a cutting-ribbon ceremony with shareholders and VIPs such as H.E. Mrs Raja Rabia, Consul General of France in Dubai. The ceremony was followed by a reception with their clients and partners at Oberoi Hotel in the presence of Mr Stanislas Chapron, CEO for International of SIACI SAINT HONORE Group, Mr Khaldoun Khartabil, Chairman of Alpha Lloyds and Mr Frédéric Roekeghem, General manager, MSH International.

Mr Stanislas Chapron stated during the event, « Dubai is soon to become the main hub of our international strategy. Halfway between Paris and Singapore, where we already have strong activities, in the middle of a fast-growing region and well connected to Africa, where else than Dubai could we establish the centre of our global activities? »

Considered as an alternative to major American insurance brokers, they’re competing with them by bringing a long-standing expertise in many fields: cargo, aviation, construction and energy as well as growing risks such as cybersecurity or fine arts.

“We recently recruited talented experts to better meet requirements of our clients in the UAE and reposition ourselves as a key insurance broker between France and the UAE” Added Chapron.

 

The event was the opportunity for the CEO’s to share their views about the development of the company’s activities in the UAE and the Middle East.

SIACI SAINT HONORE key figures:

€350M turnover in 2017, 2 digits growth for the past few years

2,500 employees all over the World, more than 1,000 outside France

Activities in 20 countries with 4 hubs: Paris, Dubai, Calgary and China

 

Our values:

Deeply rooted in the way we conduct our business and in our culture, our values guide our commitment to clients on a daily basis.

Client satisfaction
- A culture of premium service
- A personalized client relationship based on trust: each client is a partner
- Tailor-made support

Availability
- A structure on a human scale, flexible and responsive
- An organization focused on clients and dedicated to the management of their specific requirements

Innovation
- Daily anticipation of risks and markets
- Continuous search for new services and products to meet new client requirements

Independence
- Shareholders ensuring stability and independence with regard to the key market players,  we are the only alternative to the US actors on the market
- Flexibility in the selection of networks, tools and resource allocation
 

 

 

ABOUT SIACI SAINT HONORE

SIACI SAINT HONORE, a leader in consulting and insurance brokerage for property and individuals, designs and develops tailor-made solutions for its large corporate, ETI and SME customers. The Group supports them throughout the value chain to manage and guide risk in P&C, Transport, Social Protection, Retirement, Employee Savings, Compensation and International Mobility. Today, it has more than 2,500 employees worldwide, insures 2.5 million people in France and internationally, and had a turnover of more than €350 million in 2017.

www.s2hgroup.com

 

ABOUT ALPHA LLOYDS

Alpha Lloyds has been created in 2007 and has become a leading insurance and reinsurance broker, as well as insurance consultant, in the UAE market. It is now part of SIACI SAINT HONORE Group. Headquartered in Dubai and with offices in Abu Dhabi, Riyadh and Jeddah, Alpha Lloyds is providing professional services to corporate, local groups, multinationals, government entities as well as individual clients in the whole GCC region.

ABOUT MSH INTERNATIONAL

MSH has been designing and creating health & life insurance solutions for globally mobile citizens for over 40 years, whether they are employees of companies, international organizations or individuals.