Iraq broker appoints director in bid to bolster growth

Iraq insurance broker AAIB Insurance Brokers has appointed Michael Carr as the divisional director of its Iraqi registered company Al Fajer Insurance and Reinsurance Brokers.

He will be based at AAIB’s latest office to open in Iraq, located in the southern city of Basra.

Carr has over 25 years experience in the insurance sector. In the UK he worked at Zurich and Pearl before moving to work in Saudi Arabia, Jordan and Iraq. He joins Jordan based AAIB from Saudi based company SABB Takaful, where he was the company’s chief operating officer.

AAIB Founder and Managing Director William Wakeham said: “Mike’s appointment and the opening of our Basra office signals exciting times for AAIB. We have been operating in Iraq since 2004 and have built up huge amount of knowledge and an incredibly sophisticated and cost effective portfolio of products.

"In line with our ethos, to work alongside out clients on the ground, we are now expanding our presence in Iraq which is being driven by experienced and highly knowledgeable members of the AAIB team like Mike. I am delighted to have him on board. He is a huge asset to the company and an invaluable support to our clients working in Iraq.”