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.

$1.5bn

GWP Middle East & Turkey

$353m

GWP written in Lloyd’s Dubai 2024

83.7%

Average combined ratio 2020-2024, Lloyd’s Dubai

16

Service companies and Coverholders

“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

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Lloyd's Dubai Class of Business Matrix

Download Lloyd's Dubai COB Matrix

Lloyd's Dubai Service Companies

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Lloyd’s Dubai coverholders

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How to place a risk

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Our partners

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Lloyd’s Dubai Facts & Figures

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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

DIFC and Lloyd’s collaborate to develop future talent in the insurance sector

On 22nd January 2025, the DIFC Academy and Lloyd’s Academy signed an MOU to agree to work together to organise a series of events, educational bootcamps and on-demand learning that support the drive for talent across the insurance industry. DIFC remains an ecosystem that fosters talent in the (re)insurance industry by providing learning and mentorship opportunities collaboration with the Lloyd’s Academy, an industry-leading commercial education platform for risk professionals.

Read the full press release

FAQs

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