Our founders have operated successful businesses around the Middle East and Africa since 2004. They understand the challenges facing contractors and organisations operating in emerging markets and possess a wealth of experience in providing solutions. This results-driven ethos has encouraged them to create a broad and comprehensive network of retained secondary and tertiary providers across many supporting sectors.
By applying rigid focus on the commercial reality of operating in each country, and through gathering and analyzing market data wherever their clients operate they can truly make a difference to their client’s operational risk profile. Such knowledge is then used correctly in presenting a true picture both to the client and their insurers and facilitates meaningful engagement in the local economy.
Alfagates Brokers Limited is authorised and regulated by the Financial Conduct Authority (FCA). Registered in England and Wales No: 774375, with registered office: The Innovation Centre, York Science Park, Innovation Way, Heslington, YO10 5DG.
William Wakeham is an experienced insurance entrepreneur in emerging, frontier and hostile territories. He was the only foreign insurance practitioner inside Iraq for ten years after Gulf War 2. He has lived and worked in Jordan, Iraq and UAE and, employing 23 staff, had offices in Baghdad, Erbil, Basra, Amman and Dubai.
In 2004, William founded a Jordanian insurance brokerage focused on the Middle East and North Africa. From formation as a sole trader to 2014, they became the world’s leading insurance broker operating specifically for frontier markets. Their clients included many of the world’s largest oil companies, logistics and telecoms providers, security companies and legal and accountancy practices.
William founded Africa Business News (an online commercial news aggregation site), Iraq Business News (an online commercial news aggregation site), Libya Business News (an online commercial news aggregation site), AlfaEvac Limited (a medical evacuation company) and The Future Energy Forum (a UAE based Oil and Gas networking organisation). He is an acknowledged authority on doing business in emerging markets and is regularly quoted in the press and invited to speak at business events around the world.
His previous career included retail insurance broking in the UK and service in Her Majesty’s Armed Forces as an officer in the Household Cavalry.
Alfagates Brokers Limited was established in 2016 by combining successful insurance industry professionals and businessmen with extensive field-based Middle East and African experience, and knowledge of international insurance markets. The team draws on multinational experience in commercial boardrooms, in Government departments and in supra-national and NGO project organisation, solving often complex economic and political problems across multiple jurisdictions.
Ethical business practice is a fundamental value for Alfagates Brokers. Our documented procedures, developed with our experience of ISO 9001, ensure compliance with the world’s most advanced legislative environments.
We subscribe to the principles adopted by our sister company’s membership of the United Nations Global Compact, the world’s largest corporate sustainability initiative. The UNGC serves as our framework for doing business with emerging economies, which enables our clients to operate successfully and sustainably.
We are owner-managed and our Directors are closely involved in the successful execution of each transaction. We can call on the advice and counsel of our network of regional industry, professional services, local operators and other prominent people and organisations to help us to enable our client’s operations and protect their people, assets and risks to the highest standards.
© Alfagates Brokers Limited 2017