Qatar Insurance Services (QIS), a technology-based reinsurance trade fulfillment system, has appointed James Sutherland as chief executive officer.

QIS provides a secure, structured electronic service, which facilitates transaction workflow, the production of documentation and effective management information to local, regional and global insurance firms.

QIS is wholly owned by the QFC Authority, and is currently located at the QFC Tower, in West Bay in Doha.

Work on creating the system that will form the basis of QIS is reaching an advanced stage and is expected to go live in the first half of 2009.

Prior to his latest appointment, James Sutherland was director of business development insurance and reinsurance at the QFC Authority from April 2008. Previously he was with Lloyd’s of London where he was responsible for international development and operations.

“James Sutherland has been instrumental in the establishment of QIS, and his wealth of knowledge both of the international insurance and reinsurance industry, the needs and expectations of firms seeking new markets and the ambitions of Qatar in becoming the hub for insurance and reinsurance in the region makes him an ideal candidate for this important post,” said Abdulrahman Al Shaibi, chairman of QIS, and a non-executive director of the QFC Authority.-TradeArabia News Service