Total Paid-up Share Capital as at 31st December 2016 US$ 3,003,391
From a staff of three in 1984, Fenchurch Faris Ltd. today employs more than 150 people with annual gross revenue exceeding US$ 14,000,000 (FY 2016) and with an annual gross written premium of more than US$ 140,000,000 (FY 2016).
Fenchurch Faris has a major presence throughout the Middle East and in Europe, with dedicated offices in Athens, Kuwait, Abu Dhabi, Dubai, Amman, Riyadh, Al Khobar, Muscat and the DIFC.
Fenchurch Faris, a coverholder at Lloyd’s, has strong and time-tested relationships with regional and international A-rated securities. We also work closely with our partners and associates, Arthur J. Gallagher (Lloyd's Broker), in order to combine Arab expertise with Lloyd's broking professionalism.
They also assist in recruitment, training and by providing global insurance market intelligence.
Our clients include companies from across a wide spectrum of industries, including construction and commerce, in addition to insurance and reinsurance companies that need professional management consulting.
To effectively serve its global clients, Fenchurch Faris Ltd. is a member of major international insurance broking networks, including the Gallagher Global Alliance.
Fenchurch Faris Ltd. can provide expert advice to any foreign or domestic entity on all insurance, reinsurance & risk management matters.
Fenchurch Faris Ltd., a joint venture between Basim Faris, BA, FCII & Fenchurch plc (now AJG) is established in 1984.
Its first branch office opens in Athens that same year.
First associate office opens in Kuwait.
Branch office opens in Abu Dhabi, U.A.E.
Faris Insurance Services established in Amman, Jordan.
Fenchurch Faris Hellas established to serve the Greek market.
Fenchurch Faris (Saudi Arabia) Ltd. established in Riyadh, Saudi Arabia in partnership with Olayan Financing Company.
Fenchurch Faris Establishes a representative office in the Dubai International Financial Center (DIFC).
Fenchurch Faris establishes its onshore Dubai branch office in Business Bay.
Fenchurch Faris Insurance Services established in Muscat, Oman
Fenchurch Faris Saudi Arabia Ltd. opens branch office in Al Khobar in the Eastern Province.
Our Core Values
Exercising full transparency & disclosure in all of our business dealings.
Evaluating clients’ risks on the basis of sound underwriting principles while maintaining competitiveness.
Optimizing the effectiveness of the organization as a whole by ensuring that all offices and branches operate on the basis of uniform & consistent principles and procedures.
Offering high-caliber, secure products with the highest level of service quality.
Expanding our network of offices to new territories to achieve increased effectiveness for our clients.
Ensuring that our claims department continues to offer the most effective level of claims management and claims resolution.
Recruiting the highest caliber people to sustain a dynamic work environment.
Furnishing employees with all available resources needed to further their self-development and realize their full potential within the company.
Ensuring that the conduct of all employees is at all times consistent with the core values of the company and its founders.