Tokio Marine Middle East, established on 30th July 2007, is a wholly owned subsidiary of Tokio Marine Europe Insurance Limited (TMEI), headed by Hisato Hamada as its Chairman and Ajmal Bhatty as its President and CEO. Its aim is to build stable and secure insurance and takaful businesses for the Tokio Marine Group worldwide, delivering comprehensive takaful and insurance solutions to its customers, fully aligned with local cultural values and ethics. The company adheres to and emulates all group policies including corporate philosophy and corporate social responsibility.
Regulated by the Financial Services Authority of the DIFC (DFSA), Tokio Marine Middle East provides technical and management services to the Direct Operating Units (DOUs) comprising of existing and new companies of the Group. The main new business focus is to research and seek out opportunities in Takaful, and to establish and support Takaful companies within the MENA region and further afield. The company is Takaful Centre of Excellence within the Group, operating with a core team of highly professional individuals and utilizing group synergy in providing comprehensive support to its DOUs.