Dubai-based SHIELDS Reinsurance Brokers has announced that it has become a Lloyd's approved broker with effect from 20 February 2018.
Mr Ahmed Rajab, CEO of SHIELDS, said: “We highly value Lloyd’s, it is the centre of reinsurance in the world for more than 325 years and we consider ourselves privileged to be able to transact reinsurance in this prestigious marketplace. Lloyd’s is a formidable platform giving access to highly specialised syndicates allowing SHIELDS to provide even more services to our clients and to have access to new reinsurers.”
Headquartered at the Dubai International Financial Centre, SHIELDS provides fast facultative quotations and support, analytics with reinsurance treaty optimisation, CAT modelling, and direct access to all reinsurance markets including now Lloyd’s.
Regulated by the Dubai Financial Services Authority and incorporated in September 2017, SHIELDS is an independent broker specialising in treaty and facultative reinsurance as well as financial and catastrophe modelling using advanced technologies to help insurers and reinsurers quantify their exposures and make informed decisions.