Pickens went to Baghdad to support the reconstruction effort
Baghdad, Iraq-There is a huge potential for prosperity of the insurance market in the “new Iraq,”after the Arkansas Insurance Commissioner Mike Pickens, recently returned, plus two months in the country, where he helped draft the new law insurance -.
Mr. Pickens traveled to Iraq as an independent supplier on behalf of McLean, Va.-based consultants Bearing Point Inc. last July, guaranteed one year, $ 79.5 million contract with the U.S. Agency for International Development to rebuild the bursting of the Iraq war Economy. He carried out the assignment during the leave of its legal obligations.
When he first arrived in Iraq on 12 M. April Pickens said he was surprised by the range of products available in Iraq, relatively small, clearing the insurance sector.
“The Iraqis, insurance,’’said Pickens, he said, is now believed that if this is to isolate the UN sanctions on Iraq that the world economy, the country could already compete in an insurance market
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