The Gulf Crisis: What the Insurance Industry Must Do Now

Thomas Noël-Betrancourt, Mohamed El Magri

The Strait of Hormuz crisis is the most acute stress-test the global insurance market has faced in decades.Over 52,000 flights cancelled. Nearly 2,000 vessels stranded. War risk premiums up 20–40x in a matter of weeks.

This is not a regional footnote. It is a systemic event.

Our Insurance Practice has published its assessment of what is happening and what best-in-class insurers are doing about it right now , across five operational imperatives:

→ Operational resilience under extreme stress→ Customer experience in crisis→ Claims precision at scale→ Risk repricing and rerouting→ Reinsurance under structural pressure

 

If you are navigating the current situation on your resilience, claims operations, or reinsurance structure , we would welcome the conversation.

 

About the Authors

Thomas Noël-Betrancourt
Director

Thomas is a Director in Alpha’s MENA Insurance team with extensive experience in finance transformation, distribution and investment. Thomas has led engagements to adapt to changing regulatory environment, support M&A transactions, strengthen operating models, and leverage technology to enhance finance, investment and distribution ranging from reinsurance to brokerage.

Mohamed El Magri
Manager

Mohamed is a Manager in Alpha FMC's Insurance practice with experience in resilience and finance transformation across Europe, North America, and Africa. He has supported engagements covering regulatory adaptation, operating model design, M&A transactions, and the application of technology to enhance finance and investment functions working across a broad range of insurance and reinsurance clients.