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 almost 100 people with annual gross revenue exceeding US$ 10,000,000 (FY 2012) and with an annual gross written premium of almost US$ 100,000,000 (FY 2012). Fenchurch Faris has a major presence throughout the Middle East and in Europe, with dedicated offices in Greece, Kuwait, UAE, Jordan and Saudi Arabia.

Fenchurch Faris 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 Wells Fargo Global Brokers Network and 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 concerning the Arab Middle East and North Africa.

history

Fenchurch Faris Ltd. was established in 1984 by Basim R. Faris (BA, FCII), an Arab insurance professional, as a 50/50 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.

In ATHENS - GREECE , our main office transacts mainly wholesale business (reinsurance - facultative and treaty).

In KUWAIT, Fenchurch Faris opened its first associate office, Fenchurch Faris Ltd. Kuwait, in 1985 in partnership with a Kuwaiti national, Mrs. Fetouh Al Falah. This office provides mainly retail business (direct broking and consultancy services). In 2005, Fenchurch Faris Ltd. became the underwriting agent for Jordan Insurance Company in Kuwait.

In ABU DHABI - UAE, Fenchurch Faris Ltd. opened a branch office in 2006. It transacts both retail and wholesale business.

In ATHENS - GREECE, Fenchurch Faris Hellas Ltd. was opened in 2006 to cater to the Greek market. It transacts both retail and wholesale business.

In AMMAN - JORDAN, Fenchurch Faris Ltd. opened its subsidiary office in 2007. It transacts mainly retail business.

In RIYADH – KSA, Fenchurch Faris Limited Saudi Arabia was established at the beginning of 2011 to transact both direct and reinsurance business.

In AL KHOBAR – KSA, Fenchurch Faris Limited Saudi Arabia opened in 2014 in order to service the wholesale and retail market in the Kingdom’s eastern provinces.

In DUBAI – UAE, Fenchurch Faris Ltd. prepares to open a branch office to offer retail insurance services and a DIFC Representative office to target reinsurance business.  Both offices are expected to be operational by the end of 2014.

In MUSCAT – OMAN, Fenchurch Faris Ltd. applies for a license to establish its newest office, which is expected to be operational by the beginning of 2015.

In LONDON - ENGLAND, our partners, Arthur J. Gallagher, are a Lloyd’s broker and one of the largest insurance brokerages in the world.

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 Senior Manager of the Marine, Aviation, Health & 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).

  • ZAYD B. FARIS

    ZAYD B. FARIS
    Board Member

    ZAYD B. FARIS

    Board Member

    Zayd Faris is Manager of Business Development at Fenchurch Faris Ltd., based in Abu Dhabi.  Previously, he worked in Asset Management for the National Bank of Kuwait in New York City.  He holds an MBA degree from INSEAD and a Bachelors of Commerce degree from McGill University in Canada.