ISA Solutions, a specialty reinsurance broker and MGA, has announced a significant expansion of its capabilities with the launch of new binding authority agreements.
Secured by its Dubai International Financial Centre (DIFC) entity, the binders are backed by A-rated capacity (AM Best), representing a key milestone for the firm.
The new binder includes:
• Energy: A binding authority with a maximum limit of $10m per risk, covering a comprehensive range of sectors including downstream, upstream, midstream, power, and renewables.
• Marine Cargo: A binding authority with a maximum limit of $10m per shipment.
Both capacities offer worldwide territorial scope, excluding the US, Canada and sanctioned countries.
These new binders will be led by Mr Abrar Riaz and his team.
A company statement said, “This strategic expansion solidifies ISA Solutions’ position as a leading provider of specialised risk solutions and highlights its ability to attract and deploy high-quality capacity.”