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Rahat Sadiq Elected Chairman Insurance Association of Pakistan

Rahat Sadiq Elected Chairman Insurance Association of Pakistan

Mohammed Rahat Sadiq Chief Executive Officer, United Insurance , Syed Kazim Hasan, Chief Operating Officer, TPL Insurance  and Shabir Gulam Ali  Chief Executive Officer  Habib Insurance  have been Elected  Unopposed as Chairman, Senior Vice Chairman and  Vice Chairman of The Insurance Association of Pakistan for the year 2017-18. Chairman IAP Mr. Rahat Sidiq started  his carrier in Insurance in 1976 in the London market with two of the leading insurance brokers of UK, Launds Lambert and Willis Faber & Dumas. During his training he was able to attend the in-house insurance courses organized by them and Chartered Insurance Institute UK.Insurance Company of North America (INA) (Presently ACE Insurance Co), (1979-1983)
He worked at following INA offices, Head Office in Philadelphia USA, Regional Office London, UK and Regional Office for Middle East and Africa.Silver Star Insurance Company Limited Pakistan (SSIC) (1984 to 2003)
In December 1983 he moved back to Pakistan and started working on the licensing requirements of the company. He established Silver Star in 1983 and was appointed as Chief Executive Officer of the Company. His tenure successfully ended with SSIC in 2003 in the capacity of vice chairman.Pakistan Reinsurance Corporation (PRC) (2003 to 2006)
He joined PRC as an Executive Director, in 2003. He was given dual charge as ED Planning and Development Division and Director in-charge of ECO Reinsurance Pool.United Insurance Co. of Pakistan Ltd. (UIC) (2007 to Present)In 2007 Rahat Joined United Insurance Company of Pakistan Ltd as an Executive Director. He performed various executive duties at different level of the company. In the year 2011 Rahat became Advisor to the Chairman of UIC.In March 2012 he was appointed Chief Executive of UIC and as Director of the Board & President of United Track.