DAMANA
Samer Fakhouri has extensive experience in the insurance and medical fields, currently serving as the Head of the Medical Division at DAMANA since September 2007. Previously, Samer held the position of Acting Manager of the Life Department at Jordan International Insurance (JIIG) from 2005 to 2006. Samer's career also includes a role as Life Insurance Department In-Charge at MEDGULF from June 2004 to June 2005, as well as serving as Production & Underwriting Manager - Medical at gig | Arab Orient Insurance Company from April 2001 to June 2004. Samer's earlier experience includes working as Assistant to the Head of Group Insurance (Life & Medical) at Arab German Insurance Co. from May 1996 to April 2001.
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DAMANA
The Group started its insurance operation in 1964 by acquiring Al Nisr Insurance Co. in Lebanon. In 1980, the Group established the Saudi Arabian Insurance Company BSC (c) and in 2007 became a founding member in the Saudi Arabian Cooperative insurance company in KSA. Today, DAMANA is a prominent insurance group with operations in the GCC & Lebanon offering a wide range of insurance solutions for businesses and individuals. During the past half century, DAMANA Group invested in other insurance and reinsurance companies, an assistance company and a Third Party Administrator. DAMANA’s vision is to be the leading regional insurance organization. Backed by over 240 specialized and dedicated employees. DAMANA is well positioned to offer customers competitive and comprehensive insurance solutions across 7 offices, in 5 countries around the Gulf and Lebanon, through a single operational platform. DAMANA’s success is attributed to its financial stability, the backing of excellent reinsurance securities, plus its commitment to pay claims fairly and promptly. DAMANA has the flexibility and ability to quickly adapt to change and to operate in the most difficult and dynamic conditions whether it is economical, technological or legal that constantly change the risk profiles of businesses. DAMANA’s clients are a mix of individuals, SMEs and large corporations working in various sectors including construction, power, infrastructure, consumer goods, logistics, and banking and finance. DAMANA’s in-house insurance service provider, SAICOHEALTH CARE, provides personalized and prompt medical insurance administration services to customers. DAMANA had received an inaugural Financial rating in 2017 by AM Best.* (*For the latest rating, please check AM Best website) DAMANA, Saudi Arabian Insurance Company B.S.C.(c) is licensed & regulated as locally incorporated insurance firm by the Central Bank of Bahrain.