Atradius, a Netherlands-based global trade credit insurer and risk management firm, has established operations in the Dubai International Financial Centre (DIFC), marking an expansion of its presence in the Middle East.
The move aims to strengthen insurance management services and support partners across the MENA region.
Operating under the Dubai Financial Services Authority (DFSA) regulatory framework, the firm said the DIFC base will support the development of trade credit solutions for businesses managing cross-border risk.
“DIFC offers the ideal platform for Atradius to deepen collaboration with our local partners and reinforce our regional presence, enabling companies to trade with confidence,”
said Roeland Punt, Senior Executive Officer at Atradius Trade Credit (Re)Insurance (DIFC).
“Our priority is to help businesses in the MENA region mitigate payment risks and expand securely.”
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, said:
“By establishing its Middle East hub here, Atradius can offer clients innovative trade credit solutions that help businesses manage risk, expand securely, and unlock new growth opportunities across the MENA region through its partner network.”
Atradius has worked with regional partners including Orient Insurance in the UAE and Tawuniya in Saudi Arabia since 1999, with a group entity acting as reinsurer supporting underwriting, claims handling and debt collection services.
The company said it will continue to offer credit insurance and debt collection solutions across the region.
Featured image credit: Edited by Fintech News UAE, based on image by ismode via Freepik
