Mumbai Broker Expands Operations with New Division in Dubai

Dubai, UAE – Mahindra Insurance Brokers Ltd. (MIBL), the insurance broking subsidiary of Mahindra Finance based in Mumbai, has officially launched its reinsurance division in Dubai.

Located within the Dubai International Financial Centre (DIFC), this new division aims to establish itself as a regional hub catering to the Middle East and North Africa (MENA) markets.

Salman Jaffery, Chief Business Development Officer at DIFC Authority, welcomed MIBL to the center, noting that the firm is now part of a thriving ecosystem that includes over 125 insurance-related entities, all benefiting from the centre’s world-class regulatory framework.

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