High net worth insurance solutions provider Sun Life has received the green light from the Dubai Financial Services Authority to begin operations in the Dubai International Financial Centre (DIFC).
In a statement last week, the Toronto-headquartered company said that it expects to commence operations in its DIFC office before the end of this year. The new office will be led by Executive Officer Sameera Anand.
“The new presence in DIFC will strengthen Sun Life’s partnerships with local and regional brokers, ensuring they have direct access to Sun Life’s expertise and solutions to serve the unique needs of High Net Worth (HNW) and Ultra-HNW (UHNW) Clients across the Middle East,” said the statement.
Sun Life High Net Worth CEO Sujoy Ghosh said, “This expansion brings us closer to our partners in the region and reinforces Sun Life’s position as a global leader in HNW insurance. Our unparalleled expertise, financial strength and comprehensive solutions make us the partner of choice for HNW and UHNW individuals seeking to protect and grow their wealth across generations.”
With expert underwriting centres in Hong Kong, Singapore and Bermuda, Sun Life offers a comprehensive range of global solutions and access to 24-hour underwriting support.