Dubai-based (Re) insurance and risk management expertise provider, Lockton (MENA) has received Lloyd's Broker Registration within 16 months after receiving a license from the Dubai Financial Services Authority to conduct business in Dubai International Financial Centre.

Lockton MENA president and CEO Wael Khatib said that being granted Lloyd’s Broker status will provide them with access to some of the greatest underwriting and risk management talent and expertise in the world, helping them to serve their clients better.

The registration will allow Lockton to provide insurance and risk management service to MENA clients across a wide range of areas, including facultative and treaty reinsurance, engineering & terrorism, aviation, casualty, all financial institutions specialisms, energy & marine, and property & specie.

Lockton MENA provides more than 15,000 clients globally with insurance, benefits, and risk management services.

Founded in 1966 in Kansas City, Missouri, US, Lockton employs more than 4,100 professionals.