In this episode of F S Brew, Vidya and Renjit interview Hasham Piperdy, GM of KSA and Director at Badri Consultancy, discussing the remarkable growth in the KSA insurance market.
Hasham shares insights into the factors driving this growth, from an industry valuation of around 36-37 billion in 2020 to a staggering 64 billion last year. This includes the role of regulatory changes, successful campaigns to insure more drivers, and the potential of renewable energy projects.
The conversation also covers the impact of advanced data collection methods, climate risks, and future market opportunities. Join us as we delve into the dynamics shaping the KSA insurance landscape.
00:00 Introduction to FSBrew and Hosts
00:32 Guest Introduction: Hasham Pippurdi
00:54 Role and Journey at Badri Consultancy
02:25 Growth and Profitability in KSA Insurance Market
07:02 Impact of Regulatory Changes and Data on Underwriting