Dario Locatelli, current Regional Head of Surety in Allianz Trade MMEA (Mediterranean, Middle East and Africa Region), has been appointed CEO in Allianz Trade in Middle East, replacing Jean Claus, effective from May the 1st. The Italian manager, in this new role, will be based in Dubai and will continue to report to Luca Burrafato, Head of MMEA region.

Dario started his career in Allianz Trade as Regional Head of Surety in 2014. Previous to this, he took several management roles in insurance companies such as Zurich, AXA, RSA. Dario holds a degree in Economics with specialization on banks from the University of Brescia and got a master degree in “Risk Engineering” in 2005.

Luca Burrafato: “we thank Dario for his exceptional contributions over the years in developing surety business in the region together with his team. In this new role he will further strengthen our market leadership in KSA and UAE as we accelerate our growth to develop the full potential of our offer. The Regional Board and I wish him all the best for this new challenge”.

Press contact
Allianz Trade MMEA
Guglielmo Santella

Follow us

Partner contact 
Allianz Trade GCC
Valerie Chraim

About Allianz Trade

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network analyses daily changes in +83 million corporates solvency. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 50 countries with 5,700 employees. In 2023, our consolidated turnover was € 3.7 billion and insured global business transactions represented € 1,131 billion in exposure. For more information, please visit allianz-trade.com

Cautionary note regarding forward-looking statements 

The statements contained herein may include prospects, statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such forward-looking statements. Such deviations may arise due to, without limitation, (I) changes of the general economic conditions and competitive situation, particularly in the Allianz Group’s core business and core markets, (II) performance of financial markets (particularly market volatility, liquidity and credit events), (III) frequency and severity of insured loss events, including from natural catastrophes, and the development of loss expenses, (IV) mortality and morbidity levels and trends, (V) persistency levels, (VI) particularly in the banking business, the extent of credit defaults, (VII) interest rate levels, (VIII) currency exchange rates including the euro/US-dollar exchange rate, (IX) changes in laws and regulations, including tax regulations, (X) the impact of acquisitions, including related integration issues, and reorganization measures, and (XI) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences.