Arthur D. Little appoints new insurance expert as partner in Riyadh
Dr. Kuras previously served as a senior advisor to the Governor of the General Organization of Social Insurance (GOSI) in Saudi Arabia. In this role, he supported the strategic and operational transformation of GOSI and worked with the board and CEO of the newly formed Insurance Authority in shaping the National Insurance Strategy.
His leadership background includes serving as CEO of Medgulf and holding a board director position at an InsurTech firm. On the consulting side, he worked at McKinsey and later at Oliver Wyman, where he led the Insurance practice in Central and Eastern Europe (CEE) and subsequently in the Middle East and North Africa (MENA). His core focus lies in transformation, strategy, and innovation across the insurance, pensions, and social security ecosystem.
Martin Rauchenwald, managing partner at ADL, 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.'
Dr. Goetz Kuras added: '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. Working with ADL's expanding 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.'
Dr. Kuras holds a PhD in theoretical physics from the University of Cambridge (UK), as well as Master's degrees from Florida State University (US) and the University of Graz (Austria).
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