Impeccable insurance management and underwriting

About Alif MGA

Alif Limited is a company targeting insurance management business.

Alif is found by like-minded fellows with insurance, broking, finance, and underwriting background who feel being ready to materialize their long-awaited ideas to run an underwriting agency located in a world recognized and respected location. Dubai International Financial Centre is the ideal zone and the geographical location for Alif Limited plans.

DIFC jurisdiction and DFSA regulation

Alif Limited is incorporated in Dubai and is fully licensed and regulated by the DIFC and DFSA.
The Dubai International Financial Centre (DIFC) is the world-class financial hub under the regulation of the Dubai Financial Services Authority (DFSA).
The business environment and the judicial system based on English common law offer advantages.

Alif Limited license

Alif Limited commercial license

Alif Limited license

Alif Limited certificate of incorporation

Reputation and Credibility

Operating within the DIFC and under the DFSA regulation ensures credibility of insurance management business. The DIFC is recognized as a leading financial center in the Middle East, Africa, and South Asia (MEASA) region, known for its robust regulatory framework and adherence to international standards.

Stability and Security

The regulatory environment provided by the DFSA offers stability and security for businesses. DFSA regulations are designed to protect investors, policyholders, and other stakeholders, enhancing trust and confidence in insurance management services.

Access to a Global Market

Being located in the DIFC and regulated by the DFSA provides access to a global market of insurers, reinsurers, and other financial institutions. This can open up opportunities for partnerships, collaborations, and business expansion beyond the local market.

Legal and Regulatory Support

The DFSA provides comprehensive legal and regulatory support to firms operating within the DIFC. This includes guidance on compliance requirements, licensing procedures, and ongoing regulatory obligations, which can help ensure that insurance management business operates in accordance with applicable laws and regulations.

Innovation and Flexibility

The DIFC fosters an environment of innovation and flexibility, allowing firms to introduce new products and services in the insurance sector. The DFSA encourages innovation through initiatives such as the Innovation Testing License (ITL), which provides a controlled environment for firms to test innovative financial products and services.

Efficient Dispute Resolution

The DIFC Courts offer a robust legal framework for dispute resolution, with judges drawn from leading common law jurisdictions. This provides assurance to businesses and investors that any disputes will be resolved in a fair and transparent manner, further enhancing the attractiveness of the jurisdiction for insurance management operations.

Key contacts

Taras Fouzik

Senior Executive Officer

seo@alifmga.com

Guy Bordoni

Chief Aviation Underwriter

aviation@alifmga.com

Denis Tur

Chief Property and Engineering Underwriter

property@alifmga.com

S704C, Emirates Financial Towers, DIFC, Dubai, UA EPO Box 391091

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