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Who is the Owner of Fidelity United?

Last verified Jul 19, 2026 · sources cited at end of post
By 2 min read
Fidelity United
Fidelity United

Fidelity United is a Dubai-based insurance company formed through a partnership between United Insurance Company and Fidelity Assurance and Reinsurance SARL, a leading Lebanese insurer. The company adopted the unified “Fidelity United” brand name in November 2018, though its roots go back much further — it’s one of the oldest insurers in the UAE market, originally registered in 1976.

The company is led by Chairman Nawwaf Ghobash Ahmed Ghubash Almarri, Vice-Chairman Ricardo Maurice Sleiman, and CEO Bilal Adhami. Fidelity United operates across commercial, consumer, and employee benefits insurance segments from its Dubai headquarters.

Quick Facts

Company Fidelity United (United Fidelity Insurance Company)
Formed From Partnership: United Insurance Company + Fidelity Assurance and Reinsurance SARL (Lebanon)
Chairman Nawwaf Ghobash Ahmed Ghubash Almarri
CEO Bilal Adhami
Registered 1976
Headquarters Dubai, UAE

Ownership History

Year Development
1976 Company registered in the UAE insurance market under license #8, among the earliest insurers in the country
2018 United Insurance Company and Fidelity Assurance and Reinsurance SARL unify under the “Fidelity United” brand name
2020s Fidelity United continues operating across commercial, consumer, and employee benefits insurance in the UAE

Key Ownership Highlights

  • Fidelity United’s structure — a partnership between a UAE-based insurer and a Lebanese insurance leader — reflects a regional cross-border consolidation pattern common among Gulf and Levant insurance markets.
  • The company’s 1976 registration date makes it one of the longest-standing insurers still operating in the UAE, predating much of the market’s later growth.
  • Leadership spans both Emirati and Lebanese executives, consistent with the company’s cross-border ownership origins.

FAQ

Who owns Fidelity United?

Fidelity United was formed through a partnership between United Insurance Company and Lebanon’s Fidelity Assurance and Reinsurance SARL, unified under the Fidelity United brand in 2018.

Who leads Fidelity United?

Nawwaf Ghobash Ahmed Ghubash Almarri serves as Chairman, with Bilal Adhami as CEO.

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