SEIB Insurance and Reinsurance Company (SEIB) has been named “Insurance Company of the Year” by the Arabian Business Award.

“We are honoured to win this prestigious award that comes as a highest-level recognition of our company’s hard work throughout the years. Considering that SEIB was chosen after a series of assessments by industry analysts, this indicates how successful we have been and enhances us further as a top player in Qatar,” said SEIB chief executive Farid Chedid.

Chedid said the award highlights the strength of SEIB’s integrated insurance and risk management solutions, customer focus at the retail and corporate levels, integrity, and professional ethics.

“SEIB made its way as a National Insurance Company in Qatar through a team of remarkable capabilities. We climbed the ladder of achievements within a record period of time. This award speaks for itself,” said SEIB chairman Sheikh Jabor bin Yusef bin Jassim al-Thani.