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

Dubai: ACE Insurance Brokers, the GCC’s leading privately-owned insurance broking organization 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 customized insurance & reinsurance solutions.