RFIB expands DIFC presence while continuing to build energy sector presence
Marking a further expansion of both its Middle East presence and of its specialist energy expertise, international Lloyd’s insurance and reinsurance broker, RFIB Group Limited (RFIB), today announces Mark Randall has joined the group as a director of RFIB Middle East (subject to local regulatory approval). Mark will be based at RFIB’s branch office at the Dubai International Financial Centre.
As former chief executive of Heddington Insurance (UK) Limited and assistant general manager of Texaco Risk Management Limited (TRML), Mark brings significant risk management experience to the group in addition to more than 25 years of broking experience in the international property and casualty sectors, with particular emphasis on the international energy sector. Mark’s early career also included six years as an underwriter with Lloyd’s Syndicate 404.
The move is the latest step in RFIB’s strategic push, announced in June last year, to build its presence in the onshore and offshore energy sector. Recent additions to RFIB’s energy team in London include Jeremy Samengo-Turner who brings over 25 years of experience broking onshore and offshore business in the London and international markets. Prior to his move to RFIB in August 2007, Jeremy was a partner of specialist energy broker, JLT Agnew Higgins.
Patrick Holcroft, Group Chief Executive, said: “Mark’s combination of broking, risk management and underwriting experience brings an added dimension to our Dubai Office at a time when risk managers and insurance buyers are taking an increasingly sophisticated approach to risk analysis and transfer. The addition to the team of both Mark and Jeremy once again reflect RFIB’s strategy of developing our international activities in areas where we have specialist expertise.”