Fenchurch Faris has had a significant impact on the Saudi insurance sector
Since its establishment in 1984, Fenchurch Faris Ltd. has been expanding steadily, providing insurance and reinsurance broking and consulting services from 10 offices in 8 countries. Its most recent opening in MENA was a new reinsurance office in Riyadh, Saudi Arabia.
Throughout its 40-year history, Fenchurch Faris’s success has been driven by a number of factors, including its unblemished reputation among both suppliers and buyers of insurance capacity. This can be attributed to the cautionary personality of the company’s founder and a strict adherence to the company’s corporate values, which he helped shape.
Fenchurch Faris also takes pride in its Lloyd’s broker license, its robust after-sales service, its partnership approach with clients and the proactive approach the Company adopts in customizing products across different business lines. It believes that long-term contractual relationships benefit the broker by guaranteeing a steady stream of captive and qualitative business, and benefit their partners by providing their businesses with specialized services, risk management expertise and premium rebates.
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