Dubai International Financial Center (DIFC), the global financial hub for the Middle East, Africa and South Asia (MEASA), has announced that Pinnacle Underwriting Pty Ltd has joined DIFC to expand its regional operations and strengthen its reinsurance and risk management capabilities.
Founded in 2019 and headquartered in Sydney with offices in Melbourne, Singapore and Dubai, Pinnacle Underwriting is a temporary reinsurance MGA underwriting business spanning the Middle East and Asia Pacific.
Pinnacle Underwriting specializes in temporary reinsurance across sectors including property, power generation and utilities, onshore oil and gas, and political violence and terrorism.
The move reflects the DIFC’s growing role as a platform for global insurers and underwriters seeking to enter new markets, drive innovation and connect with an ecosystem of world-class financial institutions and professional services firms.
Pauline Lim, regional director of Pinnacle Underwriting, said: “Establishing an office in DIFC has been a long-term goal for Pinnacle, allowing us to broaden our underwriting focus and better engage with partners in the region for better collaboration. This development reinforces our growth ambitions and our commitment to creating value for our partners in the region.”
In June 2025, United Risk, a global property and casualty insurance underwriting and distribution platform, completed the acquisition of Pinnacle Underwriting and its subsidiary Pinnacle Holdings Group Pty Ltd.
