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Atradius, a leader in global trade credit insurance, has officially launched its new operations within the Dubai International Financial Centre (DIFC), a pivotal milestone in its strategy for expanding in the Middle East.
This expansion allows Atradius to provide enhanced insurance and risk management services to the MENA region. By integrating into DIFC’s globally esteemed financial environment and adhering to the stringent regulations set by the Dubai Financial Services Authority (DFSA), Atradius is positioned to deliver innovative and specifically tailored trade credit solutions.
Roeland Punt, Senior Executive Officer at Atradius Trade Credit (Re)Insurance (DIFC) Ltd, highlighted that DIFC serves as a prime platform for cultivating partnerships in the region. He reiterated the company’s commitment to empowering businesses to manage payment risks and confidently navigate the complexities of global markets.
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, expressed his enthusiasm for Atradius’ arrival, noting that the company’s presence strengthens DIFC’s status as a top destination for international financial entities. He mentioned that Atradius is set to assist businesses in managing risks while unlocking growth potential across the MENA landscape.
Having a long history in the region, Atradius has collaborated with major partners like Orient Insurance in the UAE and Tawuniya in Saudi Arabia since 1999. Through these partnerships, the firm provides not only reinsurance support but also crucial services such as claims management, account oversight, and debt recovery.
With a rich legacy of over a century, an A1/stable rating from Moody’s, and a vast global network covering more than 50 countries, Atradius is committed to being a reliable partner for businesses eager to achieve sustainable growth and effective risk management.