Dubai: ACE Insurance Brokers, the GCC’s leading privately-owned insurance broking organisation with 65 years’ regional operational experience, is launching a dedicated reinsurance operation in Dubai.
Based in Dubai International Financial Centre (DIFC), the new operation shall join a region-wide ACE network which currently comprises 16 offices in eight countries.
From DIFC, ACE reinsurance experts will provide tailor-made solutions, comprehensive claims and risk management services to large projects and insurance programmes across the Middle East.
Announcing the expansion of its reinsurance business at this year’s Dubai World Insurance Congress, Yolla El-Khoury, Executive Group Vice President, ACE Holding, said the DIFC expansion diversifies the firm’s solutions offering and carves out market niches to secure a wider target client base and, ultimately, drive further regional business growth.
“This expansion is in line with the strategy and vision of ACE to be one of the top brokers in each market we operate in,” added El-Khoury.
ACE Insurance and Reinsurance Brokers supports businesses by protecting what matters via comprehensive and customised insurance & reinsurance solutions.
About ACE Insurance & Reinsurance Brokers:
A pioneer of the Insurance industry in the Kingdom of Saudi Arabia, ACE has earned the loyalty of its clients and the respect of its peers by continuously delivering on its promises for over 65 years. Today, ACE is a leading insurance and reinsurance broking organization in the GCC. Backed by 220 experienced professionals, ACE provides tailor-made solutions and comprehensive claims and risk management services to clients locally through 16 offices in eight different countries.
© Press Release 2019