San Francisco, USA.: The Worldwide Broker Network (WBN), the world’s largest independent network of insurance brokers, is committed to maintaining a strong presence in the Middle East. It is pleased to announce that Malakut Dubai has become its latest member.
Malakut established operations in Dubai in 2009, becoming the second-largest and fastest-growing operation of the Malakut Group, an independent management-owned group of brokerages employing 180 professionals in 8 countries. Malakut has been a WBN partner firm since 2013, representing Russia and Vietnam.
Malakut Dubai is licensed to provide direct coverage throughout the United Arab Emirates and in several countries of the Middle East and Africa, with extensive experience in high-risk territories. It specializes in complex industrial P&C coverage, tailored employee benefits solutions, and reinsurance. Malakut Dubai has deep industry expertise in engineering and construction, aviation, food manufacturing and distribution, trading companies in commodities, metals, chemicals, and plastics.
“WBN has earned strong recognition by insurers and multinational clients globally, as the largest independent network of leading insurance brokers. It is a pivotal moment for Malakut to introduce partnership with WBN to our growing Dubai operations,” said Alexander Dolgopolov, CEO of Malakut Dubai. “We are certain that our clients will hugely benefit from the service provided by an excellent selection of network member firms across the globe. Likewise, Malakut aims to bring the servicing proposition in the UAE and surrounding regional territories for our partners’ clients to a new level.”
“Our members have been partnering with other Malakut Group companies to meet the demanding cross-border needs of their clients,” notes Alex Gilmore, chairman of the Worldwide Broker Network. “The UAE is dynamic region that is rapidly diversifying. WBN’s strategy of thoughtful membership expansion makes this the ideal time to have Malakut Dubai join the network.”
About the Worldwide Broker Network:
The Worldwide Broker Network is the world's largest independent network of leading insurance brokers, and the fourth-largest among all networks. Established in 1989, with nine European brokers, today the network has over 115 member firms, across more than 500 offices on six continents, with US$ 5.6 billion in insurance and employee benefits consulting revenues.
To contact Malakut Dubai:
Malakut Insurance Brokers (UAE)
Office 709, Concord Tower, Media City, Dubai, UAE
P.O. Box 487242
Tel.: +971 4 331 34 94
Fax: +971 4 331 34 91
E-mail malakut@malakut.ae
www.malakut.com
© Press Release 2020
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
