Finance Monthly - Insurance Awards 2023

Finance Monthly Insurance Awards 2023 United Arab Emirates 58 www.finance-monthly.com About Sanjeev Badyal With an extensive career spanning over 38 years in insurance and reinsurance, Sanjeev is a highly regarded industry professional. He is well-known for his entrepreneurial mindset, keen market insights, customer-centric approach, and strong commitment to corporate governance. Sanjeev excels in designing and implementing comprehensive learning and development programs for employees. He has conducted technical workshops for underwriters both regionally and internationally, showcasing his expertise and dedication to skill enhancement. Before joining RAKINSURANCE, Sanjeev held strategic leadership positions where he successfully led insurance and reinsurance operations in the Middle East. Notably, he played a key role in underwriting significant construction projects in the UAE and Saudi Arabia. Sanjeev holds a Bachelor’s degree in Commerce and is an esteemed Associate of the Insurance Institute of India. His wealth of experience and proficiency make him an invaluable asset to RAKINSURANCE, and his contributions continue to drive the company’s success in the insurance industry. About RAK Insurance Ras Al Khaimah National Insurance Company (RAK Insurance) has grown significantly since its establishment in 1974 from a paid up capital of AED 2 million to AED 121,275,000. It is our vision to offer “Simply Better’ insurance solutions for all our customers across the UAE and with respect to our mission we aim to be a leading customer-focused insurer in the UAE, offering convenient access to innovative and competitive insurance products across multiple channels to individuals and businesses. We will achieve our ambitions by writing a balanced risk profile that is both resilient and deepens customer loyalty along with goal oriented employee engagement.

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