Chedid Capital

Chedid Capital is a global investment group in the insurance and reinsurance field, with a 550-strong team across 45 countries and three continents. The company has achieved significant milestones since its inception in 1998. Its expansion includes the launch of Seib Insurance and the Chedid Insurance Brokers Network in 2010, as well as the acquisition of City Brokers, Mauritius and East Africa’s leading insurance broker in 2015. Chedid Capital's commitment to social development is evident through its Chedid Foundation, which focuses on youth development and education in the insurance and reinsurance fields through the Chedid Academy. Additionally, the group founded CRMI (Corporate Risk Management Institute) in 2019 in partnership with higher education councils and stakeholders. In response to the industry's evolving landscape, Chedid Capital launched E-DARAT, an HR and insurance management software, in 2020. The company is now focusing on investments in ICT for the future, emphasizing the growing importance of data protection and cybersecurity in the post-COVID-19 era. Another significant move is the 80% acquisition of Ascoma Assureurs Conseils in 2021, positioning the Group as a leader in Africa and the Middle East. With a slogan "Excellence is a mindset," Chedid Capital is set to embrace digitization and technology in the coming decade, aiming to further solidify its position as a leader in insurance brokerage in the Middle East and Africa.