ACE Arabia Cooperative Insurance Company (ACE’s joint venture in Saudi Arabia) opened its new office in Al Khobar with a ribbon-cutting ceremony and celebratory lunch for clients and brokers on 30th June.
The event was extremely well attended with both Sheikh Abdul Karim El Khereiji, the Chairman of ACE Arabia, and Andrew Kendrick, Chairman and CEO of ACE European Group, present.
ACE Arabia had been head-quartered in Dammam for over 25 years and the move to Al Khobar (the adjacent town) has allowed the company to upgrade both the office premises and IT infrastructure as well as situating the team closer to the offices of most of their main broking partners.