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Key issues to be discussed include: the optimal role of captive insurance solutions in an organisation's risk management strategy; the corporate motivations behind the implementation of captive insurance solutions; legal considerations of captives in DIFC; the long-term benefits provided through the adoption of a captive structure; and the opportunities offered by captives in the current economic climate.
Abdulla Al Awar, Managing Director of DIFC Authority said:
"Over the past few years, across the global economy, captive insurance has emerged as a strategic and cost-effective risk financing tool for large assets. With risk management becoming more sophisticated, more and more corporations are realising the benefits of captive insurance. We at DIFC see a very high growth potential for captive insurance in the region and have developed specific regulations to support the growth of this niche sector. The seminar will discuss the value that captive insurance can bring to a firm's larger risk management strategy and the specific ways in which DIFC can support captive managers and service providers."
Apart from officials from DIFC and DFSA, speakers from Marsh, Heritage, Clyde & Co and Simmons & Simmons will also address the audience at the event.
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Posted by Nadeen El Ajou
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