Insurance company Volante Global uses Lloyds’s Syndicate at DIFC for Middle East and Republic of Türkiye growth

Insurance company Volante Global uses Lloyds’s Syndicate at DIFC for Middle East and Republic of Türkiye growth

Dubai, UAE: Volante Global, a multi-class, multi-territory international Managing General Agent (MGA) and Lloyd’s Syndicate, has announced the launch of Volante (DIFC) Ltd at Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region.

Volante (DIFC) Ltd has received a category four licence from the Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from DIFC. Led by Khalil Eid, Volante (DIFC) Ltd will offer reinsurance through Volante Global’s A+ rated Lloyd’s Syndicate 1699.

Volante (DIFC) Ltd has started underwriting and plans to build a diversified portfolio across multiple business classes, including treaty, property, energy, marine, liability, engineering and auto consumer lines. The Volante (DIFC) Ltd team has extensive experience in the region and has worked in leadership roles, covering the territory for many years.

Khalil Eid, Managing Director of Volante (DIFC) Ltd said: “The core focus of our company is to achieve a significant and profitable portfolio with a product proposition relevant to DIFC and the Middle East insurance market’s growth potential. We will do so through a combination of treaty and facultative offerings targeting corporate and consumer lines across multiple business classes.”

“In our first year of