Table of Contents
Topic Summary
Choose Meydan Free Zone for Full Ownership
Setting up through Meydan Free Zone grants 100% foreign ownership and full profit repatriation. The fully digital licensing process makes it one of the fastest and most cost-effective routes into the Dubai insurance market.
Understand What This Activity Covers
Activity code 6511.98 covers the core operation of a licensed accidents and liabilities insurance business, including client onboarding, regulated service delivery, and operational back-office functions. Regional reach extends across Dubai, the wider UAE, and relevant international markets.
Know Who This Business Is Designed For
This activity suits licensed insurers, reinsurers, takaful and retakaful operators, and international insurance groups entering the MENA region. Each audience segment benefits from the UAE's clear regulatory framework and strong regional distribution infrastructure.
Secure Third-Party Approval Before Licensing
This activity requires regulatory clearance from the relevant authority before a trade licence is issued. Your operational model, facility setup, and regulatory documentation must all be reviewed and approved as part of the process.
Leverage the UAE's Strong Insurance Regulatory Framework
The Central Bank of the UAE provides direct insurance supervision, giving operators a structured and credible compliance environment. The UAE has formally positioned insurance as a strategic pillar of its financial services sector, supporting life, non-life, reinsurance, and takaful activities.
Recognize the Limits of This Activity Code
Related but distinct insurance services fall under separate activity codes and are not covered by this licence. If your business delivers a service classified under a different industry category, a separate registration will be required.
Note the AML Exemption for This Activity
Accidents and liabilities insurance businesses operating under this activity code are exempt from AML compliance requirements. This simplifies the compliance burden compared to other regulated financial services activities in the UAE.
How to Start a Accidents & Liabilities Insurance Business in Dubai with Meydan Free Zone
A licensed accidents & liabilities insurance business serves the UAE's insurance and risk-transfer market.¹
Regional demand, government investment in the sector, and strong enterprise and consumer need drive sustained demand for licensed accidents & liabilities insurance businesses.²
For operators, this activity benefits from Central Bank of the UAE insurance supervision, a clear regulatory framework, and strong regional distribution reach.³
That combination of market size, takaful growth, and regulatory depth is exactly where the opportunity lies.
The UAE has positioned insurance as a strategic pillar of its financial services sector, with explicit support for life, non-life, reinsurance, and takaful activities.
Who is this for?
| Audience Segment | Profile |
|---|---|
| Insurance and reinsurance firms | Licensed insurers and reinsurers writing life, non-life, health, or specialty business in the UAE. |
| Takaful and retakaful operators | Sharia-compliant operators providing takaful and retakaful cover to individuals, businesses, and institutions. |
| International insurance groups entering MENA | Global insurers and reinsurers establishing a Dubai entity for regional underwriting and distribution. |
Setting up through Meydan Free Zone means 100% foreign ownership, zero corporate tax on qualifying income, full profit repatriation, and a fully digital licensing process, giving you a fast and cost-effective route into the Dubai insurance market.
6511.98 - Accidents & Liabilities Insurance
Under this activity, you are in the business of operating a licensed accidents & liabilities insurance business.
Services are delivered under the relevant regulatory oversight with appropriate facilities, systems, and qualified personnel.¹
| Category | Scope |
|---|---|
| Core Operations | Primary delivery. Accidents & Liabilities Insurance core services provided to clients under the activity code. |
| Regulated Delivery | Compliance-led. Services delivered under the relevant regulatory framework, standards, and reporting obligations. |
| Client Engagement | Commercial scope. Onboarding, contracting, and ongoing service delivery to retail, corporate, or institutional clients as applicable. |
| Support and Operations | Operational back-office. Systems, staffing, documentation, and operational support needed to run the licensed activity. |
| Regional Reach | Market coverage. Delivery to clients across Dubai, the wider UAE, and regional markets within the scope of this activity. |
There are some things this activity does not cover. Related but distinct services fall under separate activity codes.
Activities that are separately regulated or that belong to a different industry class are classified under their own codes.
In short: if you are operating a licensed accidents & liabilities insurance business, you are in. If you are delivering a related but distinct service that falls under another activity, you are not.
Third-Party Approval
This business activity requires third-party approval before the trade licence is issued. In practice, your operational model, facility, and regulatory documentation must be reviewed and cleared by the relevant authority before licensing.
Anti-Money Laundering Compliance
This business activity is exempt from AML compliance requirements.
