News Middle East23 Jan 2025

Global:Two learning academies join hands to develop insurance talent

23 Jan 2025

Dubai International Financial Centre (DIFC) Academy and Lloyd's Academy will work together to foster development of future talent into insurance industry.

DIFC Authority COO Alya Al Zarouni said, “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.

Mr Al Zarouni said, “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.”

The two academies signed a Memorandum of Understanding (MoU) on 22 January 2025. with Lloyd’s, the world’s leading insurance market providing specialist insurance services to businesses in over 200 countries and territories.

The agreement builds on a longstanding partnership between the two academies and paves the way to develop future talent within the insurance and reinsurance market. It is expected that this agreement will help support the development of a talent pipeline into the fast-growing Middle East region.

As part of the agreement, the DIFC Academy and Lloyd’s Academy will work together to organise a series of events, educational bootcamps and on-demand learning that support the drive for talent across the insurance industry.

Lloyd’s chief commercial officer and CEO of Lloyd’s America Dawn Miller 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.”

DIFC Academy has catered to the learning needs of the financial services industry in the region by providing an accessible platform for top-ranked educational institutes. To date, DIFC Academy has delivered professional development certifications and higher education courses for 32,000 graduates since inception.

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