Insurance
Folded into banking supervision since 2020.
Insurers, brokers and third-party administrators moved under the federal banking supervisor, and the conduct and prudential expectations moved with them.
What makes this sector hard
- Conduct expectations imported from banking supervision
- Product governance and fair-value assessments
- Broker remuneration and disclosure
- Health insurance rules that differ by emirate
Consolidating insurance supervision into the banking regime changed the tone as much as the rules: the same supervisor now reads a broker's conduct file and a bank's.
The advisors read product governance, distribution and claims handling against that expectation rather than against the older insurance practice.
Where it applies
Where to start
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Entering the UAE market
Onshore or a financial free zone — and what each one costs you.
The UAE is not one jurisdiction. Choosing between the mainland and a financial free zone sets your licensing route, your courts, your data rules and your tax position for years.
Learn more Entering the UAE market -
Licensing and authorisation
What you need permission for, and from whom.
Regulated activity in the UAE is defined narrowly and enforced literally. The expensive mistakes are the ones where a firm thought it was outside the perimeter.
Learn more Licensing and authorisation -
Building a compliance programme
Policies that survive an inspection.
AML/CFT, sanctions, data protection and conduct — drafted against the instruments that actually apply to you, not a template from another market.
Learn more Building a compliance programme
Other sectors
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Najem AI produces analysis and drafts for internal use. It is not legal, tax, audit or investment advice and does not create a professional relationship.