Insurance broker Marsh has been awarded the first licence to provide captive insurance management services in Abu Dhabi.
Operating as Marsh Management Services (MENA) Limited, the firm has been authorised to provide captive insurance management services by Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). The AGDM is the International Financial Centre in the capital of the United Arab Emirates.
, While strengthening and strengthening ties between the financial markets of Europe, the Middle East, Africa and Asia, Abu Dhabi aims to play an important role in meeting the region’s growing financial, insurance needs and needs, asal said senior executive Ronny Vellekoop Officer Marsh.
The CEO of FSRA, Richard Teng, said ADGM will continue to strengthen its captive insurance regime in order to provide its users with strategic risk management and financial solutions to support their business and growth locally and globally.
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