Welcome to Lloyd’s in the Middle East and Turkey

Our story

Lloyd’s has been supporting the Middle East insurance industry for nearly six decades.

Expert underwriters at Lloyd’s, provide their Middle East and Turkey customers with innovative insurance solutions backed by financial security and strong international ratings that Lloyd’s has always been known for. By oﬀering solutions to protect public and private assets, and by sharing our risk intelligence, Lloyd’s will continue to support the regional insurance market, build local resilience and help support a developing risk culture throughout the Middle East and Turkey. The depth of expertise and breadth of products sets the Lloyd’s market apart. Customers have access to the combined scale, expertise and capacity of an entire market, not just a single insurance company. As our world is reshaped by economic, environmental, geopolitical and technological shifts, the breadth, depth and responsiveness of the Lloyd’s market gives Middle East and Turkey businesses the confidence to move forward in the face of uncertainty.

“Lloyd’s Dubai is the focus of our growing business in the fast-growing Middle East region. Home to our growing community of Syndicates and Coverholders, we write business across the region and, increasingly, a wider geographic footprint. Our underwriting community is characterised by its depth of experience in, and knowledge of, the regional markets. Our underwriters are empowered to work with our distribution partners to develop solutions for risks of all sizes and complexity. The UAE’s attractiveness as a place to live, and that of the DIFC as a working environment, is resulting in some of the best global insurance talent looking to develop their careers here. Great talent, market knowledge and empowered underwriters mean that Lloyd’s Dubai is well placed to work in partnership with our distribution partners to grow our rapidly expanding market further.”

Andrew Woodward

Regional Head, Middle East and Turkey

Lloyd’s

During COP28 His Excellency Essa Kazim, Governor of DIFC hosted a delegation from Lloyd's of London at DIFC, together with DIFC Authority CEO, Arif Amiri. Lloyd’s shared DIFC’s commitment to delivering net-zero and addressing the climate emergency. The delegation included Bruce Carnegie-Brown, Chairman, Lloyd’s of London, Andy Woodward, Regional Head of Middle East and Turkey, and Jessica Tamman, Senior Manager, Strategic Initiatives and Partnerships.

Our work in the community

Lloyd’s is committed to improving lives and building resilience in local communities. Through the Lloyd’s Together program, we support local communities with projects that focus on education and employability, environment and sustainability, social welfare and health and disaster preparedness and relief.

Lloyd’s has recently, in conjunction with the DIFC, launched a mentoring scheme providing the employees of four local insurance companies to be mentored by employees of the insurance community based in DIFC. We are working across the market to develop young talent and in particular to improve access for women to senior executive positions that have been taken almost exclusively by men. Lloyd’s Dubai have organised numerous volunteering charitable activities for the local insurance market which have included a tree planting programme, painting an animal shelter and a wadi cleaning project.

The Lloyd’s market champions diversity and is leading the field in encouraging open, inclusive cultures across our industry.

Our tailored solutions

In the spirit of a collaborative marketplace, Lloyd’s Dubai and its service companies offer tailored solutions to enable greater capacity, enhanced offerings and efficiency to brokers and clients across the region.

You may explore the various Lloyd's Syndicate Service Companies and the classes they write by clicking the link below.

Lloyd's Dubai Class of Business Matrix

Download Lloyd's Dubai COB Matrix

Lloyd's Dubai Service Companies

Lloyd’s Dubai coverholders

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How to place a risk

Our partners

Spotlight on key initiatives

Partnership with Dubai’s Department of Economy and Tourism (DET) to facilitate holistic growth opportunities for Dubai-based Insurtech start-ups and entrepreneurs.

Lloyd’s, on June 13, 2023, announced a partnership with Dubai’s Department of Economy and Tourism (DET) to facilitate holistic growth opportunities for Dubai-based Insurtech start-ups and entrepreneurs. Lloyds will collaborate with DET based upon its experience of setting up the Lloyd’s Lab and supporting the development of InsurTechs through the accelerator. The future partnership will also give members of the Lloyd’s Lab program access to bespoke business facilitation support to setup in and expand operations throughout Dubai. More details can be found in the press release.

Press release

FAQs

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