Insurance Business Group

Insurance Business Group

Business Group Financial Services

About

The Insurance Business Group (IBG) is a non-profit professional organization established in 2004 and operating under the auspices of the Dubai Chamber of Commerce & Industry. As one of the pioneering business groups within the Chamber's framework, IBG serves as the primary representative body for the insurance sector in Dubai and the Northern Emirates. The organization brings together a diverse membership base including insurance and reinsurance companies (both national and international), insurance brokers, consultants, actuaries, loss adjusters, and Third Party Administrators (TPAs) that are registered with the UAE Insurance Authority.

IBG functions as a strategic platform for insurance professionals to network, collaborate, and advance the interests of the insurance industry in the UAE. The organization facilitates meaningful dialogue between industry stakeholders and regulatory bodies while promoting professional standards and best practices across the sector. Through its elected Board of Directors, comprising representatives from various segments of the insurance industry, IBG ensures balanced representation and addresses the specific needs of different professional categories within the membership.

The organization plays a vital role in Dubai's business ecosystem by organizing informative seminars, workshops, and training sessions on critical industry topics, publishing newsletters and thought leadership content, and fostering cooperation among member companies. IBG also actively works to raise public awareness about insurance, supports Emiratization initiatives within the sector, and maintains strategic relationships with international, regional, and national insurance associations and institutions.

Mission & Mandate

The Insurance Business Group is dedicated to advancing the insurance industry in the UAE through collaboration, professional development, and advocacy. The organization works to strengthen the sector by fostering cooperation among stakeholders, promoting ethical business practices, and facilitating meaningful engagement with regulatory authorities and the broader business community.

Core Objectives:

Industry Cooperation: Promote collaboration and knowledge-sharing among insurance companies, brokers, consultants, actuaries, and loss adjusters to strengthen the collective capabilities of the sector

Self-Regulation & Standards: Evolve and implement self-regulatory frameworks in core areas of business to maintain professional integrity and industry best practices

Education & Training: Advance insurance training and professional development, including public awareness campaigns on workplace safety, road safety, and other critical risk management areas

Industry Dialogue: Provide a structured forum for deliberation on general and specific challenges facing the insurance industry, facilitating collective problem-solving and policy development

Emiratization Support: Actively facilitate and support the employment and professional development of UAE nationals within the insurance sector

Strategic Partnerships: Establish and maintain productive relationships with other business groups within the Dubai Chamber, as well as international, regional, and national insurance associations and regulatory bodies

Public Awareness: Enhance public understanding of insurance products, services, and the industry's role in economic development and risk management

Chairman

Association Chairman

Quick Info

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Latest Updates

LinkedIn

LinkedIn 1 month ago

Come join us on June 17th to hear about "Open Finance in Insurance" The speakers are: Jonathan Holma...

LinkedIn

LinkedIn 1 month ago

The IBG invites its Board Members and its General Members to the 2025 Annual General Meeting. Vision...

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LinkedIn 1 month ago

Come join us on Oct 22nd to hear about "AI in Insurance" The speakers are: Lisa Lyons Frederik Bisbj...

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LinkedIn 1 month ago

Thank You to our sponsor! The IBG is a Non-Profit organization under the Dubai Chamber of Commerce a...

The IBG wishes you and your loved ones a blessed and joyful Eid Al-Adha.
LinkedIn 1 month ago
The IBG wishes you and your loved ones a blessed and joyful...

The IBG wishes you and your loved ones a blessed and joyful Eid Al-Adha.