Hussain Luwaiz has been appointed Managing Director (MD) of Allied Insurance Company. He has over 21 years of experience at the company, having joined Allied in 2002.
Luwaiz was most recently serving as the manager of the company’s claims department prior to his new appointment.
He is a Senior Associate of the Chartered Insurance Institute, Australian and New Zealand Institute of Insurance and Finance, as well as an Associate of the Malaysian Insurance Institute.
Luwaiz replaces Mohamed Shafaz as Allied’s MD.
Established in 1985, Allied Insurance Company, a subsidiary of the State Trading Organisation (STO), has seen significant growth over the years. Catering to a diverse clientele, ranging from small-scale fishermen to major resort operators across the Maldives, Allied plays a pivotal role in the development of the Maldivian insurance industry and economy.