DIFC and Lloyd’s partner to develop future talent in the insurance sector

DIFC Academy, the educational platform of the Dubai International Financial Centre (DIFC), has signed a Memorandum of Understanding (MoU) with the specialist Lloyd’s re/insurance marketplace to support the development of future talent in the insurance sector.

This partnership will expand the reach of Lloyd’s Academy, an educational platform for risk professionals based in London, to help build a talent pipeline for the rapidly growing Middle East region.

Under the agreement, DIFC Academy and Lloyd’s Academy will collaborate on events, educational bootcamps, and on-demand learning initiatives aimed at nurturing talent across the insurance industry.

Globally, the insurance sector faces significant opportunities for talent development. DIFC continues to foster talent in the re/insurance industry by offering learning and mentorship opportunities through DIFC Academy and developing a strong insurance community through non-profit organisations such as the DIFC Insurance Association.

Alya AlZarouni, Chief Operating Officer at DIFC Authority, commented, “DIFC offers a world-class learning environment and guidance from renowned organisations to accelerate development of talent within the sector. We continue this legacy by expanding our existing relationship with Lloyd’s. This initiative enables us to further develop a burgeoning sector in DIFC, representing more than 125 companies. Together, we foster industry growth while shaping the future of finance.”

Dawn Miller, Lloyd’s Chief Commercial Officer and CEO of Lloyd’s Americas, said, “Collaboration and partnerships lay at the heart of Lloyd’s value proposition, and our market has stood the test of time because of the talented individuals and firms that continue to participate. The MOU between the Lloyd’s Academy and DIFC, to drive forward talent development and industry wide education is another step forward on this journey. I look forward to our continued work in the Middle East, and helping the development of a talent pipeline into the fast-growing region.”

In 2019, DIFC signed an MoU with Lloyd’s to support the region’s insurance sector by upskilling talent and improving sector efficiency.

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