It is due to an ever evolving and challenging geopolitical environment, that the LCI Group has continually adapted its operating models in the Middle East, Africa and the Balkans. The strategic expansion of the companies across these regions is an indicator of strong market knowledge as well as a growth mindset, seeking to turn challenges into opportunities.
Globally, companies are navigating in increasingly volatile and uncertain markets, and as a result, the exposure to risk is growing. To this end, the teams powering LCI and LCI Services are committed to stay up to speed with the latest developments and closely observe businesses and countries, to contribute to securing trade globally, through specialized products and services.
In such unpredictable times, what the LCI Group is doing, and encourages other companies to do, is to focus on innovation and offer new tailored solutions for a changing marketplace. In addition, portfolio diversification to ensure the spread of risk, as well as strengthening partner networks are integral to solidify a solid foundation to build on.
For nearly 20 years, LCI Group’s diversified portfolio has been steadily growing. The Group is committed to capture growth opportunities by eyeing new markets to venture into and diversifying and tailoring its products and services to cater to local needs.
The LCI Group is dedicated to continue to serve as a driving force in trade facilitation across the Middle East, Africa and the Balkans.
Karim Nasrallah General Manager of LCI
Letter from the Chairman
The world is deeply transforming, with numerous developments that impact domestic and international trade. On a regional level, the MENA region has undergone a series of shifts that force companies to adapt their strategies to navigate through a climate of uncertainty.
LCI’s Group of companies have been working to transform their core business models and offerings to respond to these changes and provide their customers with growth opportunities globally. LCI, as a highly specialized player in the credit insurance sector, has expanded to manage risks related to trade across the Middle East, Africa and the Balkans. LCI Services is continuing to support corporate clients, as well as insurance companies offering trade credit insurance, to conduct business in a safer manner.
LCI Group’s success over the past two decades is attributed to a strong partner network, solid reinsurance cover, an extended network of information providers, and is powered by a highly skilled team. Thanks to extensive experience and unique business models, LCI and LCI Services are able to enter markets that are deemed high risk ones, and rapidly build strong local knowledge. This market knowledge is then relayed to local and regional companies who operate in these markets, and customized credit insurance solutions are delivered, characterized by a high level of professionalism and unparalleled standards of quality service.
As the world continues to change, new forms of trade enter center stage, and credit insurance as a product, as well as the connected services offered by the LCI Group, will continue to adapt to act as a driving force in international trade facilitation.
The regional expert team is prepared to overcome new challenges, seek novel opportunities, and design modern and efficient solutions for its clients to trade safely, under both traditional and new forms.