As we are seeking leadership in the Palestinian insurance market, we have decided to shoulder the major task of developing the insurance industry in our country. We have taken the initiative to lead, advise and educate the market sectors with regards to available coverage's, introduce new and innovative products, and further explore uncharted waters that will bring us closer to achieving parity with the market. Waiting for others to lead and then hopping on their bandwagon is not our strategy.

Our present policy of expanding physically by means of opening several branches throughout the West Bank and the Gaza Strip will bring us closer to our clients and facilitate our plans to realize the underwriting strategy as anticipated, thus enabling us to qualify as a customer-oriented security provider. This will also help us create a solid and strong relationship with our clients and acquire an in-depth and hands-on understanding of their ever developing business needs; thus we will be able to tactically adapt our strategies to meet their requirements.

We also need to fine-tune our own expertise to provide our clients with top-grade insurance security. In this regard we have a strong foundation accumulated through the experience of our directors over a period of thirty years in the Middle Eastern and North American markets.

The scope and depth of the insurance market in Palestine will grow in parallel with the anticipated growth and development of the Palestinian economy, once the final parameters of the peace process are attained.

The country's infrastructure has been devastated due to over 30 years of Israeli military occupation.

A massive influx of funds is required and must be strategically allocated. Tens of thousands of housing units are desperately needed in the short term. The whole infrastructure needs to be launched starting from scratch: roads, public municipal utilities such as sewage, water, and electricity need to be built. Major facilities such as airports, seaports, highways, power stations, distillation plants and telecommunications must follow suit for the country's economy to be meaningful.

We at AHLEIA INSURANCE GROUP need to be prepared for the upcoming rush of economic hyper-activity in our country, and we will make sure that we are up to the task of reaching our goal in becoming the premier risk manager and the superior risk underwriter for the avalanche to come. This goal of ours is fundamental to our thoughts and underlies all our efforts.