If you want to go far, go with others.

If you want to go far, go with others.

We are a member of two of the world’s largest insurance broking networks.

profile

From a staff of three in 1984, Fenchurch Faris Ltd. today employs more than 100 people with annual gross revenue exceeding US$ 14,000,000 (FY 2015) and with an annual gross written premium of almost US$ 140,000,000 (FY 2015). 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. Our London partners provide us with specialized areas of expertise, experience, knowledge and access to global insurance markets. 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 Arthur J. Gallagher Global Alliance.

Fenchurch Faris Ltd. can provide expert advice to any foreign or domestic entity on all insurance, reinsurance & risk management matters.

history

Fenchurch Faris Ltd. was established in 1984 by Basim R. Faris (BA, FCII), an Arab insurance professional, in partnership with Fenchurch plc, a major Lloyd's broker and now Arthur J. Gallagher. Mr. Faris has been the Managing Director of the Partnership since inception. In 1998 Al Said Ltd. joined the partnership and are represented by Mr. Wael Said Khoury, who has been the Chairman of Fenchurch Faris Ltd. since 1999.

Fenchurch Faris Ltd. was created as a professional service company, operating in the Arab Middle East, to provide insurance and reinsurance consultancy & broking and risk management services backed by a major Lloyd's broker.

Timeline

1984:  Our company is established in Athens to transact mainly wholesale business (reinsurance - facultative and treaty).

1985:  Fenchurch Faris opens its first associate office, Fenchurch Faris Ltd. Kuwait, in partnership with a Kuwaiti national.  It provides mainly direct broking and consultancy services.  The Kuwait office would later also become the underwriting agent for Jordan Insurance Company in Kuwait beginning in 2005.

2006:  Fenchurch Faris Ltd. opens its first U.A.E. branch office in Abu Dhabi to transact both retail and wholesale business.
2007:  Fenchurch Faris Ltd. opens its subsidiary office, Faris Insurance Services, in Amman, Jordan to transact mainly retail business.  In the same year, Fenchurch Faris Hellas is established in Athens to cater to the Greek market. It transacts both retail and wholesale business.

2011:  Fenchurch Faris Limited Saudi Arabia is established in partnership with Olayan Financing Company to transact both direct and reinsurance business in the Kingdom.
2014:  Fenchurch Faris Ltd. opens its Dubai branch office to offer both retail and wholesale insurance services.  In the same year, a Representative Office is established in the Dubai International Financial Centre (DIFC) to target reinsurance business across the Mena Region. 

2015:  Fenchurch Faris Insurance Services LLC is established in Muscat in partnership with Oman Holdings International (OHI) to transact both wholesale and retail business in the Sultanate.

2016:  Fenchurch Faris Limited Saudi Arabia opens its Al Khobar branch in order to service the wholesale and retail market in the Kingdom’s eastern provinces.

our-board

OUR BOARD

  • WAEL SAID KHOURY

    WAEL SAID KHOURY
    Chairman

    WAEL SAID KHOURY

    Chairman

    Wael Said Khoury has been the Chairman of Fenchurch Faris Ltd. since 1999. He was born in Lebanon in 1961. Mr. Khoury received his Bachelor of Science in Civil Engineering from California State University, Chico in 1983. This was followed by a Masters in Engineering Administration from George Washington University in Washington D.C. in 1985. He is the chairman of Consolidated Contractors Company (CCC) and is also a board member of several other companies across many industries spanning the globe.

  • BASIM R. FARIS

    BASIM R. FARIS
    Vice Chairman & Managing Director

    BASIM R. FARIS

    Vice Chairman & Managing Director

    B.B.A., F.C.I.I.

    Basim R. Faris is the Managing Director and a Partner of Fenchurch Faris Ltd. He is Palestinian, holds Jordanian and Greek citizenship and is fluent in Arabic and English. He holds a BBA from the American University of Beirut and is a Fellow of the Chartered Insurance Institute. He was branch manager of Arabia Insurance Company in Kuwait for five years starting in 1968 and then spent a year as a trainee in London at Sedgwick's, the Lloyd's broker. For ten years he was employed by and later became Group Vice President of Arab Commercial Enterprises/Sedgwick in Athens.

  • SAMI BEKHAZI

    SAMI BEKHAZI
    Board Member

    SAMI BEKHAZI

    Board Member

    Sami Bekhazi is the General Manager of the Kuwait branch of Fenchurch Faris Ltd.  From 1983 until 1988, Sami was a manager at Arab Commercial Enterprises in the UAE and Kuwait.  Prior to that, from 1979 to 1983, he was Risk Manager at Consolidated Contractors Company in Oman and the UAE. He is Lebanese and speaks Arabic, English and French.

  • MOHAMMED EL-SAYYED

    MOHAMMED EL-SAYYED
    Board Member

    MOHAMMED EL-SAYYED

    Board Member

    Mohammed El-Sayyed is General Manager supervising all reinsurance placements. Mohammed is Palestinian and has Greek nationality (Arabic is his mother tongue and he is fluent in English, Greek and French). Mohammed joined Fenchurch Faris Ltd. in 1985, training in various areas (accounts, claims, facultative placements) while also completing his Bachelor of Science Degree in Business Administration and Economics. Mohammed has also completed his postgraduate studies in Business Administration.

  • RAFAT B. FARIS

    RAFAT B. FARIS
    Board Member

    RAFAT B. FARIS

    Board Member

    Rafat Faris is the Executive Director of the Marine/Aviation, Life and PA Department. Rafat graduated from McMaster University in Canada with a Bachelors Degree in Economics and is a chartered member of the Insurance Institute of Canada (CIP). Rafat spent one year as a trainee at Heath Lambert in London (a Lloyd's broker) before joining Marsh's Special Risks Department in Toronto. He subsequently went on to work at AON in their Property and Liability Department and joined Fenchurch Faris in 2004. He speaks English, Arabic and Greek (basic).

  • VYVIENNE WADE

    VYVIENNE WADE
    Board Member

    VYVIENNE WADE

    Board Member

    Vyvienne Wade is a Board Member of Fenchurch Faris Ltd., representing Arthur J. Gallagher, a shareholder in our Company and the world’s 4th largest insurance broker. Vyvienne began her professional career as a barrister and then moved to Willis as part of their in-house legal team. She then moved to JLT Group as General Counsel , a main board director and then head of Latin American Operations and Captive Management. Vyvienne joined Arthur J Gallagher (AJG) in 2013 as International Commercial Director, focusing mainly on South America and the Asia Pacific as well as Continental Europe. She is a member of AJG’s International Executive team.