The DIFC Insurance Association (DIFCIA) has become an affiliate member of the Association of International Life Offices (AILO).
In a statement, the DIFCIA said it is a community of professionals committed to shaping a prosperous and sustainable insurance market, providing a trusted and independent voice for the insurance industry.
AILO is the trade organisation for cross-border insurance companies and firms in supporting industries such as technology, fund management and service providers.
Simon S. Price, CEO of the DIFCIA, said: "Our shared objective is to enhance advocacy and influence on behalf of our members. By establishing this partnership with AILO, we will broaden our network to include other global marketplaces and provide valuable support to our mutual members."
DIFCIA is now one of four organisations that are Affiliate Members of AILO, along with CIFA (Convention of Independent Financial Advisors); FECIF (European Federation of Financial Advisers and Financial Intermediaries; and FEIFA (Federation of European Financial Advisers).
Bob Pain, AILO's CEO, said: "We're delighted to welcome DIFCIA to our growing number of Affiliate Members. Fostering collaboration with representative organisations is a key part of AILO's mission to act as an advocate for the cross-border insurance companies and firms in supporting industries."
