Basma Barakat – Executive Director – Broktech InitiativeMs. Barakat holds a Bachelor of Arts degree in International Business from California State University of Fullerton. Her reinsurance career started at Arab Reinsurance Company in 1998. Since then, she has been exposed to the various facets of the industry starting from Non-Life Facultative and Treaty Underwriting to a managerial position that enabled her to engineer special risk transfer mechanism, be it through actual risk transfer or finite reinsurance solutions for specific medical groups.
Ms. Barakat has also structured scenarios for catastrophic technical events that might impact a reinsurance company’s surplus and made sure to find an ultimate retrocession at the right price. In her last position, she was managing the various projects and tasks assigned to market analysis and statistics, and having explored problematic claims while monitoring the claim movements and reserves, to then join Broktech Insurance & Reinsurance Brokers SAL in 2016, handling Treaties, Preparing Reports & Budget Forecasts, in addition to Implementing Administrative Procedures guiding the Human Resource Department.