Ronald P. Chidiac

Ronald P. Chidiac – Chief Executive Officer – Broktech Initiative

Mr. Chidiac has more than 20 years of experience in the insurance industry. He started his career as an actuary founding Sarima SARL in 1995, a consultancy firm that provides Actuarial, Statistical, and Risk Management services in Lebanon and the MENA region. In 2002, he became the Managing Director of Motion SAL, an organization providing insurance companies with integrated TPA services and Cost Containment Expertise related to Motor.

After his stint in Motion, Mr. Chidiac turned his focus to further promote the actuarial and insurance-related consultancy services and in that context he contributed in launching Total Care Lebanon and Total Care Saudi Arabia medical TPAs before joining PwC as a Partner in 2008. He worked with PwC on developing the actuarial practices within the MENA region and providing the market with strategy-driven consultancy services. In 2010, he accepted the position of General Manager at Arab Reinsurance Company and managed to raise the visibility of the company to a higher level. Mr. Chidiac launched the Personal Lines and Risk Management departments at Arab Re, while re-engineering the internal structure by optimizing processes and procedures.

On the academic side, Mr. Chidiac has pioneered the creation of an actuarial program in Lebanon in promoting the partnership between USJ (Université Saint-Joseph - Beyrouth) and ISFA (Institut de Science Financière et d'Assurances - Lyon). He’s a visiting professor at USJ teaching Actuarial Science since 2001 and is currently the President of the Lebanese Association of Actuaries.

In addition of being a qualified actuary of the “Institut des Actuaires” and the "Lebanese Association of Actuaries," Mr. Chidiac holds an Engineering degree in Statistics, Economy, and Actuarial Science from ENSAE (Ecole Nationale de la Statistique et de l’Administration Economique - France).