ACE Gallagher Expands in Kuwait with UPI Acquisition

Sep 7, 2026

59 min

Sep 7, 2026 13:31

ACE Gallagher acquires Kuwait insurance broker UPI

## Strategic Expansion in Kuwait

ACE Gallagher Holding has acquired United Partners Insurance Brokers (UPI Brokers) to strengthen its presence in Kuwait and expand across the GCC region. UPI Brokers has been a key player in the Kuwaiti insurance market for over 30 years, serving major business groups in the country.

## Combining Expertise and Reach

The acquisition merges UPI's local market knowledge with ACE Gallagher's regional capabilities and international reach. This strategic move aims to enhance client services by leveraging UPI's established relationships and ACE Gallagher's resources.

## Leadership and Growth

Ibrahim Arqawi, with 31 years of experience in the GCC insurance sector, will join ACE Gallagher Kuwait as executive director. He will focus on business growth and diversification, drawing on his extensive industry knowledge and board experience.

## Commitment to Client Relationships

Arqawi emphasized the importance of maintaining the trust and continuity that UPI Brokers has built over decades. The acquisition allows UPI to retain its core values while accessing greater resources to better serve clients.

## Broader Strategy

This acquisition is part of ACE Gallagher's broader strategy to expand in key GCC markets, focusing on specialist expertise and enhancing client service.

Read the full story at the source

What you need to know to get Emirates ID?

Leave your details and get a guide as a gift to avoid mistakes

Article contents

LinkedIn X Facebook WhatsApp Telegram