RIQ Launches AI-Powered Reinsurance Platform ‍in ‍Abu Dhabi

⁤ ​Updated‌ June 13, ‍2025
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International Holding Company (IHC), ⁤a ‍global investment firm based in the United Arab‌ Emirates, has introduced ⁤Reinsurance Intelligence Quotient (RIQ), a new AI-driven‍ reinsurance platform.RIQ will be headquartered in Abu Dhabi Global Market‌ (ADGM).

With ​backing of⁤ more than $1 billion⁢ in equity commitments and support from ⁣strategic ⁢partners like BlackRock​ and Lunate, RIQ‍ aims to transform global insurance and risk transfer. The launch represents ‍IHC’s next step in building​ a technologically advanced reinsurance entity designed for the future.

RIQ will focus on⁢ improving underwriting precision,accelerating capital deployment,and addressing ‌client needs across property and Casualty (P&C),Life,and specialized insurance segments,using real-time⁤ AI-driven⁤ analytics. ⁤The platform’s launch also highlights Abu Dhabi’s growing importance as a ⁣hub for financial services innovation.

The company is currently awaiting final ⁤approvals from the‍ Financial ‍Services Regulatory Authority (FSRA) of ADGM and expects to begin ⁣full operations in the coming months. RIQ has outlined plans‍ for⁢ global ⁣expansion,including talent acquisition,infrastructure development,and strategic partnerships to drive innovation and long-term value.

“With the unveiling ⁤of RIQ, we take a bold step toward shaping the future of ⁣global insurance,” ⁣said Dr. Sultan Ahmed Al Jaber, chairman of RIQ.”RIQ reflects our ‍ambition to build⁢ a trusted, tech-forward reinsurance champion⁤ that connects global capital ‌with ​high-growth markets, all from the ‍heart of Abu Dhabi’s thriving financial centre.”

Syed Basar Shueb, CEO ⁢of IHC​ and a RIQ board member, stated, “RIQ⁣ is the embodiment of IHC’s vision to ‌invest in the next frontier of‍ global financial‌ services. Backed by‍ AI, ​robust capital, and strategic alignment with world-class partners, RIQ is set to​ elevate the insurance and capital markets ecosystem across the region and beyond.”

Mark ⁣Wilson, CEO of RIQ, said,‍ “We ⁢are proud to officially launch RIQ. Our new‌ name ⁣signals our long-term commitment ⁢to building a high-performance, AI-native reinsurance company with the scale and agility to lead ‍in a rapidly changing world. Our‌ board’s collective⁢ experience and ⁣our strategic partnerships provide ⁤an remarkable ⁣foundation for enduring global growth.”

What’s next

RIQ plans to manage more than $10 billion in liabilities in ⁤the coming⁣ years, contributing to a ⁢resilient and digitally advanced insurance ⁢ecosystem based in ‌Abu Dhabi with ⁢global reach.