WTW aims to double its revenue in Saudi Arabia, powered by the growth of the insurance market

WTW, which specializes in consultation and mediation in insurance and reinsurance, looks at the Nasdac Stock Exchange, to double its revenue in the Saudi market by 2030, and utilizing the real growth opportunities in the insurance sector in the kingdom and the region, according to CEO Karl Hess. In an interview with “Al -Sharq”, Hess said that the determination of the regulatory authorities in Saudi Arabia increases the percentage of insurance to 3.6% of 2% of 2%, and the efforts to diversify the Saudi economy and its projects, factors that create great opportunities for each of the insurance and mediation companies. “WWTW” obtained separate licenses earlier this year to practice mediation in insurance and reinsurance in the kingdom, enabling it to establish an integrated platform to provide solutions to global level in the field of risk management, consultations and coverage, directly from within the country.