Post by : Bianca
Haleem
Atradius, a global leader in trade credit insurance, has inaugurated operations at the Dubai International Financial Centre (DIFC), significantly advancing its expansion efforts in the Middle East.
This strategic move bolsters Atradius’ capacity to provide comprehensive insurance and risk management solutions throughout the MENA landscape. Operating within DIFC’s esteemed financial ecosystem and under the surveillance of the Dubai Financial Services Authority (DFSA), the company is well-equipped to offer innovative and customized trade credit solutions.
Roeland Punt, Senior Executive Officer at Atradius Trade Credit (Re)Insurance (DIFC) Ltd, remarked that DIFC is a prime platform for enhancing collaboration with local partners. He underscored the company’s commitment to assist businesses in mitigating payment risks while navigating increasingly intricate global markets.
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, expressed his enthusiasm for Atradius’ arrival, noting that its expansion further substantiates DIFC’s status as a premier hub for global financial entities. He highlighted that Atradius will aid businesses in managing risk and unlocking new growth avenues across the MENA region.
Atradius has a longstanding presence in the area, collaborating with significant partners like Orient Insurance in the UAE and Tawuniya in Saudi Arabia since 1999. Through these alliances, Atradius delivers reinsurance support alongside claims handling, account management, and debt collection services.
With over a century of experience, a Moody’s A1/stable rating, and a global footprint across more than 50 countries, Atradius remains a trusted partner for businesses aiming for sustainable growth and effective risk management strategies.
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