Insurance Regulation

Regulatory: Optio Re MENA Begins Trading

Optio Group, the specialty MGA, today announces that its recently established Dubai-based operation, Optio Re MENA Ltd., has begun trading after receiving all necessary approvals from UAE regulatory authorities. The operation, which will focus on […]

Global insurance trends

Marsh Launches Saudi Engineering Hub

Marsh, the world’s leading insurance broker and risk advisor, has announced the launch of its Engineering Hub in Al-Khobar, Saudi Arabia. The Energy Engineering hub is Marsh’s third in the Middle East and Africa (MEA) […]

Global insurance trends

Deals: Gallagher Buys a Slice of ACE Broker

Arthur J. Gallagher & Co. (NYSE: AJG) today announced that it has agreed to a strategic partnership with MIG Holding Ltd (MIG Group), which will see the company take a minority interest in Middle East & North Africa (MENA) specialist […]

Business

SH Capital Teams Up With FinIQ On Digital Trades

Newly launched digital treasury services management provider SH Capital Ltd (SHC), has appointed FinIQ as its digital trading platform. The company selected FinIQ, a leading Singapore-based capital markets technology provider, following a competitive search for a partner to […]

InsureTech

Mena Market: UAE Insurtech Addenda Raises More Cash to Fund Growth

UAE-based insurtech platform Addenda, has closed a six figure bridge round by participating Arab Bank-powered AB Accelerator, funded through the venture capital fund AB Ventures. Addenda raised its first round of seed funding led by […]

Global insurance trends

UAE: Democrance Launches PI Scheme For Money Transfer Customers

Democrance, the UAE-born insurtech startup, has joined forces with AXA, one of the largest global insurers in the GCC region, to launch a new personal accident insurance scheme for customers of the international money transfer […]

Opinion

Opinion: Marine Risks in the Gulf & Middle East Region

Simon Dempsey, Marine Claims Executive at Meridian Risk Solutions, gives advice on dealing with War Risk claims and assesses what the current volatile situation in the Gulf region may mean for insurers; Following a period […]

Global insurance trends

Gulf News: Sensely Partners With NAS on Virtual Health Assistant Project

At HLTH 2018, Sensely announced a partnership agreement with NAS, a Third Party Administrator based in the United Arab Emirates. The companies will be working in close collaboration to deploy Sensely’s virtual health assistant technology to […]