EC3 Brokers MEA has partnered with the Dubai International Financial Centre Authority (DIFCA) to establish a group health scheme that facilitates the development of a cost-effective health insurance programme for companies operating within the DIFC.
The scheme is the first of its kind to be developed in the international financial centre and will be available to over 2,400 active registered firms within the DIFC, providing health insurance to 25,600 employees.
The scheme provides participating companies of the DIFC access to health insurance for their employees and dependants and will specifically support SMEs in gaining access to high-level health benefit plans while streamlining their costs to be more comprehensive and reasonable.
As an appointed consultant to the DIFCA, EC3 Brokers will facilitate the tendering process and shortlist insurers’ participation, while following applicable regulatory requirements and any instructions from the DIFCA within the agreed terms of the partnership.
Mr Steve Hart, SEO of EC3 Brokers MEA, said, “This is a bespoke offering in Dubai and one that we hope will serve the DIFC and its members well. We look forward to increasing our footprint in the Middle East by delivering on such a promising project.”
Mr Arif Amiri, CEO of DIFCA, said, “This agreement paves the way for DIFC to provide clients with a new benefit that adds value, saves them money and provides a high level of health insurance cover.”
Formed in 2013 by its CEO Danny Driscoll, EC3 Brokers is an ambitious, independent commercial lines Lloyd’s broker, headquartered in London with subsidiaries in Dallas, the US and Dubai’s DIFC.