Rokstone, a major international insurance company, has opened an office in Dubai's financial district, the Dubai International Financial Centre (DIFC). With a new licence from the Dubai Financial Services Authority (DFSA), Rokstone can now expand its insurance offerings within the Middle East and North Africa (MENA) region, instead of relying solely on its London base.

Expanding in a Fast-Growing Market

Rokstone’s Dubai office will focus on insurance services in areas such as property, construction, aviation, marine cargo, and surety (a form of financial guarantee). The UAE’s fast-growing insurance market makes it a strategic place for Rokstone to expand. Rokstone’s team of seven in Dubai is expected to grow in the coming months, supported by partnerships with strong insurance companies.

Key Leaders Comment on the Expansion

James Potter, CEO of Rokstone, highlighted Dubai's potential as a business hub, emphasizing the city’s good transport links, strong talent pool, and supportive economic policies. This makes it a prime location for Rokstone to reach new clients and collaborate with regional insurance providers.

Salmaan Jaffery, Chief Business Development Officer at DIFC, welcomed Rokstone to DIFC, noting that Rokstone’s presence will strengthen the local insurance market. Rokstone joins other insurance firms in DIFC, where companies are benefiting from DIFC's business-friendly environment.

Rokstone is one of the world’s largest specialist insurance groups, with a presence in the UK, Europe, USA, Asia, Africa, and now the Middle East. It manages over $1.1 billion in insurance across various areas including property, power generation, aviation, and more.