RiskPoint Middle East New Office and DIFC regulated status
RiskPoint Middle East Limited is proud to announce our status as regulated for insurance management by the Dubai Financial Services Authority and the opening of our new office premises in the Emirates Financial Towers within the Dubai International Financial Centre (DIFC).
We are cementing our position as a first mover into this market and demonstrating our long-term commitment to Dubai and the wider MENA region. We have every confidence that Dubai will continue to grow as a leading hub for M&A transactions across the Middle East and Africa and that demand for transactional risk solutions will continue to increase. RiskPoint is uniquely positioned to meet that demand from within the region.
Sami Osman, SEO and Head of M&A for RiskPoint Middle East, is an experienced M&A underwriter specializing in complex, multi-jurisdictional transactions across the Middle East and Africa and spanning a broad range of industry sectors. An English-qualified solicitor by training, Sami spent more than a decade in private practice and as Deputy General Counsel of a UK fintech unicorn, advising on M&A transactions and equity fundraising, before moving into M&A underwriting in 2022. Having spent his formative years in the GCC, Sami returned to the region as the first dedicated Transaction Risk underwriter based in, and focused on, the Middle East.
About RiskPoint Transactional Risk
RiskPoint Transactional Risk is a global specialized insurance platform that provides transactional risk solutions for complex transactions worldwide. The platform supports clients and their advisors through tailored insurance solutions designed to transfer risk and mitigate financial exposure.
Core products include Warranty & Indemnity/Representations & Warranties (W&I/R&W), Tax Liability, and Contingent Risk.
With a team of more than 70 professionals across 14 locations, RiskPoint Transactional Risk brings together legal, financial, tax and underwriting expertise. Supported by a global team of claims professionals, the platform offers specialist expertise developed through experience across a wide range of transactions and geographies.
RiskPoint has handled Transactional Risk claims in-house for more than a decade. We have a dedicated team of 8 Transactional Risk claims experts with the specialist insight required to manage every claim from notification to resolution.
We have overseen more than 600 notifications on transactions governed by 24 different legal systems, across the full range of claim sizes and types. We have paid our insureds more than USD 285m and rising, including EUR 73m on a single claim, among the largest payments the market has seen. This experience shapes how we handle claims. We get to the heart of a claim and resolve it fairly and commercially, giving insureds the attention, speed and clarity they expect.
RiskPoint Transactional Risk is part of the RiskPoint Group, a leading, multiline Managing General Underwriter (MGU) and Lloyd’s Coverholder operating across Europe, North America, the Middle East, and Asia-Pacific.
For further information, please contact:
Tanya Nash, Chief Underwriting Officer, Transactional Risk –
Sami Osman, SEO and Head of M&A, Middle East –
Astrid O’Reilly, Head of Transactional Risk, International –
About The RiskPoint Group
The RiskPoint Group is one of Europe’s largest Managing General Underwriters (MGUs), providing best in class insurance solutions to businesses and their advisors globally. The RiskPoint Group operates as RiskPoint in Europe and Asia and RP Underwriting in the rest of the world. With 325+ employees and 18 locations in Europe, North America, and Asia Pacific, the RiskPoint Group employs expert underwriting and specialized, in-house claims teams within Accident & Health, Transactional Risk, Property & Construction, Renewable Energy, Financial Lines, Cyber, Casualty, and Life Science. The RiskPoint Group is a Coverholder with Lloyd’s of London and is backed by a strong panel of well-reputed insurance companies.
