Mahindra Insurance Brokers, the insurance broking arm of Mahindra Finance, has launched a new reinsurance division in Dubai, United Arab Emirates. This expansion is aimed at serving the Middle East and North Africa (MENA) markets.
The new division is located in the Dubai International Financial Centre (DIFC) and will act as a regional hub for the company’s reinsurance operations.
This move is part of Mahindra Insurance Brokers’ strategy to explore new market opportunities, increase its client base, and promote business growth within the region.
The Dubai team will consist of experienced professionals with expertise in international markets and reinsurance transactions, ensuring a high level of service for clients.
The company’s global operations already include working with clients, insurers, reinsurers, and the reinsurance broking community.
Commenting on the expansion, Mahindra Insurance Brokers Managing Director and Principal Officer Vedanarayanan Seshadri said, “With a significant reinsurance presence in the MENA region, Mahindra Insurance Brokers aims to deliver great value to clients while supporting the growth of the insurance sector.”
Related topics:
