Atradius expands operations to DIFC

By Aarav Garg

Atradius, a trade credit insurance and risk management firm, has established operations in the Dubai International Financial Centre (DIFC), as part of its strategy to expand its presence in the Middle East.

Atradius hopes to strengthen its ability to deliver insurance management services and support its partners across the MENA region. By operating within DIFC, the company would be under the regulatory framework of the Dubai Financial Services Authority (DFSA), which oversees financial activity in the centre.

“DIFC offers the ideal platform for Atradius to deepen collaboration with our local partners and reinforce our regional presence, enabling companies to trade with confidence,” said Roeland Punt, Senior Executive Officer at Atradius Trade Credit (Re)Insurance (DIFC). “Our priority is to help businesses in the MENA region mitigate payment risks and expand securely.”

Atradius said the expansion will enable it, through local partners, to provide trade credit solutions suited to businesses operating in complex global markets. The company aims to help firms manage payment risks and support cross-border trade.

Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, said, “We are delighted to welcome Atradius, one of the world’s foremost credit insurers to DIFC, continuing our track record of supporting leading global institutions expanding in the region. By establishing its Middle East hub here, Atradius can offer clients innovative trade credit solutions that help businesses manage risk, expand securely, and unlock new growth opportunities across the MENA region through its partner network.”

The company said it will continue to develop credit insurance and debt collection solutions across the MENA region as part of its ongoing expansion.