North Carolina Department of Insurance
Ahmed El Abbasy, MBA, currently serves as a Financial Analyst at the North Carolina Department of Insurance, where responsibilities include analyzing financial statements and preparing financial reports for multimillion-dollar insurance companies to ensure compliance with accounting principles and safeguard policyholders. Prior to this role, Ahmed worked as a Finance Manager at NC Capital Investment LLC, overseeing financial and strategic operations, and as an Operations Manager at FedEx, where management of daily workflows and a team of drivers was essential. Earlier experience includes managing operations at Papa's Pizza, focusing on business location analysis and lease negotiations, and serving as an Assistant Customer Service Manager at the National Bank of Egypt, supporting customer service and staff assistance. Ahmed holds an MBA in Finance from the Bryan School of Business and Economics at UNCG and a Bachelor's degree in Accounting and Business/Management from Cairo University.
North Carolina Department of Insurance
The NC Department of Insurance regulates the insurance industry, licensing insurance professionals and others, educating consumers about different types of insurance, handling consumer complaints, and much more. The Department also houses the Office of State Fire Marshal. Any insurance business in this state first must be approved by the Commissioner, and companies and agents must meet rigorous standards before they receive a license to do that business. We also provide other services not directly associated with insurance: • Licensing bail bondsmen • Overseeing motor clubs and collection agencies • Protecting consumers from fraud and illegal behavior with a staff of sworn law enforcement officers in our Investigations Division • Educating North Carolinians about safety issues such as child safety seats, fire protection, natural disaster preparation and other family safety issues • Interpreting the state’s building codes and suggesting new and improved codes to further protect citizens • Obtaining and maintaining insurance coverage for all state-owned buildings, including such items as the Battleship North Carolina in Wilmington and the campuses of the state university system • Assisting the elderly and others with Medicare and Medicaid questions through our nationally recognized Seniors’ Health Insurance Information Program Overall, we strive to provide high quality service to North Carolinians across the state.