Page 39 - March 2022 Issue 604 Part 2

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John Kotran (Manager MENA Region – Active Re):

The aim from our presence in the MENA region
is to be closer to our clients & partners

John Kotran, Manager of MENA region at Active Re, has a successful track record of more than 15 years
in the insurance & the reinsurance market. In his position, Kotran leads the company´s sales efforts in
the assigned region, and is in charge of the management of various product lines of business. He also works
with the Overseas Underwriting Unit to execute strategic and marketing plans. Kotran holds a degree in
Economics from Concordia University in Canada, a MSc from Bayes Business School, and a CII Diploma
from the Chartered Insurance Institute, both in England. In a Q & A with Al Bayan Magazine,
Kotran shed light of the strategy of Active Re in the Middle East region and evaluated DWIC. He further
gave us an idea about the lines that they are specialized in. Following is an extract from the interview.

“ We hope to achieve A rating which reaffirms Active Re commitment as a trusted reinsurer in the region ”

* What is Active Re strategy for the Middle East region? & Surety and Liability. Complementing the financial needs of large corporate
- The MENA region is very important for ActiveRe strategy as it represents clients, Active Re offers tailor-made alternative risk transfer (ART) solutions,
approximately 35% of the Gross Written Premium during the 2021 year. As this including actuarial analysis and risk management advisory services.
is a sizable amount and continuously growing, it is important to have more
physical presence in the region to expand our corporate footprint. The aim to * How do you evaluate DWIC & on what your meetings were focused on?
be closer to our clients and partners in the region with minimal time difference - The pandemic profoundly affected how people engage with one another in the
which allows faster communication and response times. ActiveRe rating from insurance industry, so after a two-year gap, the DWIC brought back the insur-
AMBEST is A- with a positive outlook and we hope to achieve the A rating in ers, reinsurers, brokers and consultants from all over the world all under one
the very near future which reaffirms ActiveRe commitment as a trusted rein- roof again. It was beneficial to have the insurance industry together once again,
surer in the region. not only to conduct business the traditional way, but also to put a face to the
many emails and calls over the past two years. It is essential to see each other
* Are you looking to be specialized in some lines? after a long period to give a push and keep the momentum going in this indus-
- The strategic vision of ActiveRe is to be a preferred security for Facultative try. Our presence in the region is continuing to grow and our meetings were
and Treaty business of local ceding companies as well as delivering new prod- focusing on meeting our existing clients, opportunities with new clients, while
ucts and coverages. Active Re’s product offerings include Affinity, engaging with the insurance industry as a whole.
Bancassurance, Property & Engineering, Energy & Power Generation, Credit

203 AL BAYAN ECONOMIC MAG - ISSUE 604 - MARCH 2022