Economy Events Local 2025-12-12T20:03:34+00:00

AI Reinsurance Platform Signs MoU with Swiss Re in UAE

RIQ, an AI-based reinsurance platform headquartered in Abu Dhabi, has signed an MoU with Swiss Re to develop innovative risk management solutions. The partnership aims to enhance reinsurance capabilities and open new horizons for innovation in the UAE.


AI Reinsurance Platform Signs MoU with Swiss Re in UAE

Dr. Tamsultan Al-Jaber stated that artificial intelligence is a driver for enhancing the efficiency of global systems. "RIQ", an AI-based reinsurance platform, signed a Memorandum of Understanding with "Swiss Re" to develop and scale innovative solutions to enhance risk management capabilities and open new avenues for innovation in the field. Additionally, it aims to build AI-powered capabilities across various emirates. Headquartered in "Abu Dhabi Global", "RIQ" is building an AI-powered reinsurance platform, utilizing advanced analytics to improve the accuracy of insurance underwriting and developing mechanisms for deploying reinsurance capital and managing investments in an optimized manner to serve clients.