Post by : Bianca
Haleem
Allied World Assurance Company Holdings Ltd. has officially launched a new office within the Dubai International Financial Centre (DIFC), marking a pivotal moment in its regional expansion plans across the Middle East.
This new office is designed to facilitate direct engagement with clients and partners, bolstering connections with brokers while assisting companies in adapting to their evolving risk management demands.
Ed Moresco, President of Global Markets at Allied World, expressed that the establishment of a regional office in Dubai represents a significant milestone in the company’s growth journey. He emphasized that this development will enhance accessibility to brokers and clients throughout the Middle East, allowing the firm to impart its global experience and technical know-how to local businesses.
The office opening coincides with the rising stature of DIFC as one of the premier global hubs for insurance and reinsurance. In 2025, gross written premiums in the DIFC surpassed USD 4.2 billion, signifying a 20% uplift from the previous year and doubling the figures noted in 2022.
Additionally, premiums handled via DIFC exceeded USD 3.4 billion in 2025, an impressive 14% year-on-year surge, underscoring the centre's growing significance as a regional platform for risk transfer and specialized insurance offerings.
His Excellency Arif Amiri, Chief Executive Officer of DIFC Authority, praised the entry of Allied World, stating that their global expertise and specialized capabilities will cater to the expanding risk management needs across the Middle East. He highlighted that Allied World’s presence further consolidates the DIFC insurance ecosystem, cementing Dubai’s status as the preferred hub for major international firms.
Currently, DIFC’s insurance sector encompasses over 135 firms engaged in underwriting, broking, reinsurance, captive insurance, and specialized risk solutions. In 2025 and into early 2026, 28 new insurance-related companies received authorization, bolstering DIFC’s reputation as a reliable and appealing location for international financial institutions.
The establishment of Allied World’s office in Dubai manifests the company’s dedication to broadening its international presence while fostering the ongoing development of DIFC as the principal insurance and reinsurance centre serving both Middle Eastern and global markets.
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