Gallagher, through its subsidiary Artex, has launched a range of alternative risk management solutions in the Abu Dhabi Global Market (ADGM).
Clients across the Middle East and Africa will now be able to access a number of additional solutions to support their risk financing needs.
These solutions will be provided alongside the services Artex currently hosts, including insurance and captive management, insurance-linked securities and structured transaction administration.
This launch is said to have come as a result of economic growth in the Middle East, where captives are becoming an important solution for risk management strategies among firms.
Senior executive officer of Gallagher in the Middle East & Africa, Nadim Semaan, comments: “This is a really exciting new step for Gallagher in the Middle East and Africa. Adding alternative risk solutions to the range of services we offer means clients with even the most complex portfolios can access our services and talented team dedicated to helping them."
