Goetz Kuras is an experienced executive and advisor to leaders in financial services and the government sector, specifically in the space of insurance, pensions, social security and health.

Kuras most recently served as senior advisor to the Governor of the General Organization of Social Insurance in Saudi Arabia, focusing on GOSI’s ongoing strategic and operational transformation and supporting the Board and CEO of the newly established Insurance Authority in defining the new National Insurance Strategy.

Previous roles include executive experience as CEO of insurer Medgulf and a director role on the Board of an InsurTech company. During his 20 years in strategy consulting, he worked at McKinsey & Company and at Oliver Wyman, where he was a senior partner and Head of Insurance for the Central Eastern Europe region and later MENA region.

At Arthur D. Little, Kuras is focused on delivering transformation, strategy and innovation for industry and government clients across the insurance, pensions and social ecosystem. He will be based in the firm’s Riyadh office, and will support clients in the Middle East and at a global level.

“The boundaries between insurance and other sectors are dissolving. What has been a value chain is becoming a value stack with new business models emerging that combine value chain components across industries, requiring new approaches from market players, new entrants and regulators alike,” said Kuras.

“Working with Arthur D. Little’s Financial Services practice and my colleagues in other industries, where insurance is complementary and enhancing existing value propositions, I look forward to helping grow our client base and impact in these  crucial  sectors that are vital for prospering societies and economies.”

Commenting on the appointment, Martin Rauchenwald, Managing Partner at Arthur D. Little, said, “Driven by digitalization, AI and innovation, the Middle Eastern insurance sector is evolving rapidly to become a more fluid, open ecosystem. In parallel, institutional reforms of the pensions and social security system are actively discussed amongst policy makers. Through his deep experience and understanding, Goetz is perfectly positioned to help clients harness transformation and seize opportunities in this changing environment.”

Source: consultancy-me.com

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