Born in Egypt in 1958, Jean-Claude Chalhoub was the second generation of insurers in the family as his father, Henri Chalhoub, founded a Group of insurance companies and was one of the early leading members of the International Insurance Society.
After finishing his MBA at the Paris-Sorbonne University, Jean-Claude worked for a range of insurance organisations before joining L’Union des Assurances de Paris (UAP) in their Saudi Arabian office. Whilst there, he assisted in securing contracts with all of the nation’s utility companies plus a number of other government agencies, which helped to establish UAP’s leading reputation in the country.
Following his time at UAP, Jean-Claude worked in France for the family Group of insurance broking companies which developed into the second biggest brokerage in the country during Jean-Claude’s time there. Jean-Claude moved on to work in Montreal for the Group’s operation in Canada whose revenue grew threefold under his leadership.
Jean-Claude established the Group’s presence in the US where he developed loss of income insurance to the impaired market. In addition, he created two separate property risk programs, one for the French Antilles and one for the US and British Virgin Islands, which provided local businesses and residents with much needed coverage. Jean-Claude returned to the Middle East, where he worked with a number of Egyptian insurance companies to establish Inaya which has become Egypt’s leading provider of health insurance products.
In partnership with German insurance company R+V, Jean-Claude founded a Lloyd’s underwriting box which wrote a very profitable book of Accident & Health, Facultative Property and Contingency business. Following the retirement of the then management, the successors at R+V took the decision to cease the outsourcing of Delegated Authorities on a global basis.
Jean-Claude is especially active in advising governments and public sector entities on a wide range of initiatives and studies to support social welfare programs. Amongst others, he has advised the governments and state sponsored bodies in Italy, Lebanon, Egypt, Ecuador and a number of countries from the Former Soviet Union on programs ranging from the creation of emergency funds in the event of natural catastrophes, to boosting resources available to victims of road accidents, and establishing public healthcare programs. Many of these initiatives and studies are on-going with Jean-Claude continuing to play a key advisory role in their development and implementation.
Jean-Claude is currently Senior Partner & Supervisory Board Member at Risk Management, a global advisory firm providing insurance and reinsurance solutions. Trading for over 30 years, Risk Management has a presence in Europe, the Americas, the Middle East, Africa and Asia.