Sun Life, an international financial services company that provides a wide range of insurance, wealth and asset management solutions, has been authorized by the Dubai Financial Services Authority to establish an office in the Dubai International Financial Center (DIFC).
The new DIFC office will be led by Senior Executive Officer Sameera Anand and will begin operations in December.
Sun Life has opened a new office in DIFC, a leading global financial center in the Middle East, Africa and South Asia, to strengthen cooperation with local and regional brokers.
The move will give them direct access to Sun Life Financial’s expertise and solutions, allowing them to effectively serve the unique needs of high net worth (HNW) and ultra high net worth (UHNW) clients across the Middle East.
“We are delighted to have received approval to join the DIFC,” said Sujoy Ghosh, CEO of Sun Life High Net Worth. “This expansion brings us even closer to our partners in the region and solidifies Sun Life’s position as the global leader in insurance for high-net-worth individuals. Our unparalleled expertise, financial strength and comprehensive solutions make us the partner of choice for high-net-worth and ultra-high-net-worth individuals seeking to protect and grow intergenerational wealth.”
The Honorable Arif Amiri, Chief Executive of the DIFC Authority, said: “We welcome Sun Life Financial’s decision to operate at the DIFC, which underlines our position as a global financial powerhouse.
“DIFC’s legal and regulatory clarity, tax efficiencies and modern infrastructure give Sun Life Financial the confidence to expand its regional presence and into emerging markets from the centre. Its global reach and strong financial strength ratings will allow high-net-worth and ultra-high-net-worth clients in the region to secure and grow their wealth.”
Sun Life specializes in high net worth (HNW) insurance, providing global solutions designed to help customers build, protect and preserve their wealth for generations to come.
Key to this service is access to expert underwriting centers in Hong Kong, Singapore and Bermuda, which together ensure 24-hour underwriting support worldwide.
