Sun Life, a provider of High Net Worth (HNW) insurance solutions, has received authorisation from the Dubai Financial Services Authority (DFSA) to establish operations in the Dubai International Financial Centre (DIFC).
Sun Life’s DIFC office, led by Senior Executive Officer Sameera Anand, will begin operations in December.
The office will support local and regional brokers, providing direct access to Sun Life’s expertise and solutions for HNW and Ultra-HNW clients across the Middle East.
“We are delighted to have received approval to join DIFC,”
said Sujoy Ghosh, CEO, Sun Life High Net Worth.
“This expansion brings us closer to our partners in the region and reinforces Sun Life’s position as a global leader in HNW insurance.”
Arif Amiri, Chief Executive Officer of DIFC Authority, said:
“We welcome Sun Life’s decision to operate from DIFC, underscoring our position as a global financial centre. DIFC’s legal and regulatory clarity, tax efficiency and infrastructure give Sun Life confidence to grow their regional presence and access emerging markets from the Centre.”
Sun Life provides HNW insurance solutions globally, with underwriting centres in Hong Kong, Singapore and Bermuda, and offers 24-hour underwriting support.
Featured image credit: DIFC
