Sun Life, a prominent provider of High-Net-Worth insurance solutions, has received authorization from the Dubai Financial Services Authority (DFSA) to establish operations in the Dubai International Financial Centre (DIFC).
This move marks a significant expansion for the company into the Middle East, Africa, and South Asia (MEASA) region, with DIFC recognized as the leading global financial hub in the area.
Sun Life expects to commence operations from its DIFC office in December, led by Senior Executive Officer Sameera Anand.
The new presence in DIFC will strengthen its partnerships with local and regional brokers, ensuring they have direct access to the firm’s expertise and solutions to serve the unique needs of High Net Worth (HNW) and Ultra-HNW (UHNW) Clients across the Middle East.
Arif Amiri CEO – DIFC Authority
“We welcome Sun Life’s decision to operate from DIFC, underscoring our position as a global financial powerhouse. DIFC’s legal and regulatory clarity, tax efficiency, and modern infrastructure give Sun Life confidence to grow its regional presence and access emerging markets from the Centre. Their global reach and strong financial strength rating will let the region’s HNW and UHNW clients secure and grow their wealth.”
Sujoy Ghosh, CEO of Sun Life, said that, “We are delighted to have received approval to join DIFC. This expansion brings us closer to our partners in the region and reinforces our position as a global leader in HNW insurance. Our unparalleled expertise, financial strength, and comprehensive solutions make us the partner of choice for HNW and UHNW individuals seeking to protect and grow their wealth across generations.”
Sun Life
Sun Life is a leading provider of HNW insurance solutions, helping Clients worldwide to build, protect, and preserve wealth across generations. With expert underwriting centres in Hong Kong, Singapore, and Bermuda, it offers a comprehensive range of global solutions and access to 24-hour underwriting support.