PWS Gulf utilizes external Underwriting facilities to provide a quicker, more effective, and more flexible placing service primarily for its reinsurance clients.

Having become the first Lloyds cover holder in the UAE in 2004, PWS Gulf transferred its two Lloyds binding authorities, for Jewellers Block and Marine Cargo, to Visionary Underwriting Agency Ltd., in August 2010 – an Underwriting Agency set up within the Dubai International Financial Centre. The facilities are as follows:

  • Jewellers Block Binding Authority: The facility underwrites reinsurance risks in the UAE and other regional countries on behalf of Lloyds Underwriters.  This assists in providing cedants with a quick turn-around for quotation requests, flexibility of pricing, plus technical expertise and risk management skills.
  • Marine Cargo Binding Authority: This facility can be utilized on a global basis Cargo reinsurance.  Coverage can be potentially offered for conventional containerized or bulk shipments, cargo on barges/dhows, and marine contracting and diving equipment.  Open Covers and single shipments, as well as project cargo coverages, can be arranged.
Charles Cashin
Fanny D’souza
Alfred Rodrigues

Tel: +971 4 3552434
Fax: +971 4 3583939