corporate presentation july 2020 risk exchange (difc) limited
TRANSCRIPT
Corporate Presentation
July 2020
Regulated by Dubai Financial Services Authority (DFSA) under Prudential Category 4License by Dubai International Financial Centre (DIFC) a subsidiary of Risk ExchangeInternational Holdings Pte. Ltd. Registered with Accounting and Corporate Regulatory Authority(ACRA) Singapore; vide Company Number 201525478N.
Risk Exchange (DIFC) LimitedLiberty House
6th Floor, Office 602
P.O. Box: 507348
T: +971 4 3355568
F: +971 4 3355662
W: www.riskexchng.com
Dubai - UAE
Your Partner in Risk Transfer
History
We are an independent risk management,
insurance and reinsurance intermediary
organization with professionals’ network that aims
to offer its clients the most innovative risk transfer
alternatives and reinsurance solutions in all
classes of business. We have access to all major
domestic and international (re)insurance markets
and have close relationships with top rated
international reinsurance companies including
Lloyds. We help clients find the best coverage at
the right price that suits their needs and
expectations. The day to day (re)insurance
business operations is managed under the
leadership of Mr. Aftab Hasan, a well-known
professional entrepreneur from insurance industry
in the UAE market supported by a high caliber
senior reinsurance management team with wide
exposure on managing reinsurance risks in
international, regional and domestic markets.
The management team is made up of seasoned insurance and
risk professionals from banking, insurance and capital market
who have gained a wealth of experience in the risk management
industry. The members of the Advisory Board who have over
five decades of experience in the Insurance Industry help the
team with technical expertise & impart invaluable knowledge,
which would be the cornerstone of wining over the competition
going ahead. The Motto of 'Service before Self' takes
precedence over all other activities.
We aim to provide world class risk management and insurance
services to its global clients under one brand. The entity aims to
create a network of risk professionals for mutual benefit . Risk
Exchange is the business name for the international operations of
the company.
www.riskexchng.com
► Aftab Hasan is a professional entrepreneur with a resounding stake in
Energy, Offshore, Marine, Oil & Gas, IT and Insurance & Reinsurance Sector.
► He has approximately 28 Years of professional experience serving and
leading top management team with leading companies from India & Middle
East. He is a well-recognized name in the UAE insurance sector.
Awarded “Insurance Personalityof the Year” at 4th Edition of UAE
– India Economic Forum organized by
Bloomberg Middle East & Economic
Times.
► He is an elected representative committee member and
Secretary-General on the board of Insurance Business
Group under the auspices of Dubai Chamber of Commerce
& Industry.
► He has been at the forefront of the insurance industry
embracing & promoting Insuretech solutions among his
peers while offering value-added service, industry
leadership, excellent customer service, and boosting the
image of the broking profession.
► He is conferred with many accolades & award in recognition
of his outstanding contribution in enhancing insurance
industry standards, his unwavering commitment to bring
about regulatory change, and for his exemplary
organizational skills
Strong Leadership
He has approximately 28 Years of professional experience serving and leading top management team with
leading companies from India & Middle East. Mr. Hasan has two Bachelor’s Degree one in Science and another
in Engineering a Master Degree in Business Management and various Diplomas & Certificate courses on
Strategic Planning, Mergers & Acquisitions and Quality Management. He is a well-recognized name in the UAE &
Middle East insurance sector. He is an elected representative committee member and Secretary General on the
board of Insurance Business Group (IBG) under the auspices of Dubai Chamber of Commerce & Industry while
serving on the board of various business groups, social and networking organization.
Aftab Hasan – Chairman / SEO
Management Team
She has 20 years of professional experience and is a professional entrepreneur serving mid and senior
management roles within start up, early stage, high growth environment and new product launch that
emphasized turnaround strategies within the domain of Financial Software, Information Technology, Hospitality,
Trade, Products Outsourcing, Marine Offshore & Distribution Industry in UAE & India.
He has 15 years of solid Experience in M&A, Planning, International business management, Finance control,
change management, business transformation, advisory, Strategic planning, budgeting, risk Management,
business partnering. Specialist knowledge in the banking & insurance sector, and heavily covers the area of
Takaful.
Rana Tabassum – Executive Director
Talal Bayaa – Director
H.E. Fareed Lutfi – Director
He is a Finance Graduate with CPA by profession handling finance and compliance procedure with 16 years of
professional experience serving mid and senior management roles with expertise in Financial Services industry
being the Finance Officer, Audit & Risk Officer serving companies in UAE.
Atta Ul Basit – Finance Officer
Management Team
She is a Finance Graduate from University of Wollongong in Dubai and Fund Management & Islamic Finance
Qualification from Chartered Institute of Securities & Investment. She is a qualified AMLRO & Compliance Officer
approved by DFSA having Certificates and training in Combating Financial Crime & well versed with DIFC
Financial Rules & Regulation.
He is a Compliance and Risk analyst, with FRM (Financial Risk Manger) Level 1 candidate, Post-graduate in
Master of Applied Finance (MAF) specialized in Corporate treasury, Graduate in Bachelor of Commerce (B.Com)
specialized in Accounting and Taxation
Sumati Mirchandani – Compliance Officer & AMLRO
Jibi Shaji – Deputy AMLRO
Mohammed K. Zaman
Advisory Team
Andrew Smith
Ajmal Bhatty
A successful Chief Executive Officer, head of business and certified board director, with significant experience in
conventional and Islamic insurance across the UK and Middle East. An insightful strategic thinker with a proven
track record of developing business plans and building sustainable businesses across the Middle East.. Gained
significant knowhow on establishing new insurance and re-engineering insurance entities in United Arab
Emirates, Bahrain, Saudi Arabia, Lebanon and Kuwait.
In-depth knowledge of the financial services markets, managing life, general and takaful companies at C-level
and senior management positions at the Old Mutual UK, HSBC in UK, Malaysia, Singapore, Saudi Arabia, UAE, at
Tokio Marine Middle East (UAE, Saudi Arabia, Egypt), with Takaful International and Arab Insurance Group.
Over 45 years in middle and senior Management levels of six banks in India and Arabian Gulf. All areas of
Banking. Special interest in Islamic Banking. Consulting for Islamic Banks on BPR, Operational manuals.
Restructuring corporates. ISO Certification for banks, Training in Islamic banking. Specialties: Islamic Banking,
Islamic Micro Finance, Training in Islamic banking & Takaful.
Services Offered
Class of Insurance Covered
Fidelity Guarantee Insurance
Fidelity Guarantee Insurance
Workmen’s
Compensation Insurance
Workmen’s
Compensation Insurance
Public Liability Insurance
Public Liability Insurance
Money InsuranceMoney Insurance
Marine Cargo Insurance
Marine Cargo Insurance
Professional Indemnity Insurance
Professional Indemnity Insurance
As Re-Insurance Broker, our objective is to represent the insurance
interests of our valuable client comprehensively in all segments. We work
closely in association with Reinsurer from local, regional & international
providing a comprehensive product range which includes but are not
limited to the following:
Experience of Our Executives (Fac)
• Construction
– CAR (Contractors All Risks)
– EAR (Erection All Risks)
• Property
– Petrochemicals
– Power
– Textiles
– Commercial
– Residential
• Liability
– CGL (including Product Liability)
– PI (including long term PI Cover
for Engineers and Consultants)
– D&O
• Energy & Power
• Aviation (Aircraft Insurance)
– Fixed Wing
– Helicopters
– Loss of License
• Marine Hull & Machinery
Insurance
– Cargo
– Hull
– Liability
– Pleasure Craft
– P&I
• Motor Vehicles Insurance
• Medical (Group & Individual)
• Trade Credit Insurance
• Terrorism & Political Violence
Insurance
Experience of Our Executives (Treaty)
• Eurocity, North Cyprus (Proportionate & XOL) with CICA Re
• Eurocity, North Cyprus - Quota Share whole account Treaty
• RGA Global Reinsurance Company Limited - Personal
Accident & Credit Life Treaty
• Credit West Insurance Limited, Cyprus - Proportionate
Facultative Property Reinsurance insurance cover for their
client Altınbaş Petrol Ltd. which is the original insured.
• Nepal Re, Nepal (Retro)
• Prabhu Insurance, Nepal (Whole bouquet)
• SLIC, Sri Lanka. (Misc. XOL)
• ITGI, India (Cat XOL Layer 5)
• Oriental Insurance, India (Crop Treaty)
• National Insurance, India (Crop Treaty)
• Medical Treaties (Various Cedents)
What We can do for YOU……….
• Facultative
• Property (All Classes)
• Construction (CAR/EAR)
• Aviation (HAR, SCL, War, Crew PA Loss of
License)
• Liability (CGL, PI, Medmal, D&O)
• Treaty
• Proportionate
• Non-Proportionate including Stop-Loss
Risk Exchange – DIFC License
Risk Exchange – DIFC
Risk Exchange – DFSA License
The Company was awarded as
"Most Innovative Reinsurance
Broker" at the prestigious MENA
Insurance Industry Awards 2019.
Awards & Accolades
Media Clipping……
Get in touch with us……….
Head Office
Risk Exchange (DIFC) LimitedLiberty House,
6th Floor, Office # 602
Dubai International Financial Centre (DIFC)
P.O. Box: 507348
Dubai - United Arab Emirates (UAE)
Phone: +9714 3355568
Fax: +9714 3355662
Email: [email protected]
Web: www.riskexchng.com
Contact us