flash replacement image

Malakut Goes UAE

Malakut Goes UAE

11 September 2009

Malakut were never going to stop at simply being the largest insurance brokers in Russia.
In a way, therefore, it isn't really a surprise that the company has now obtained its licence as insurance and reinsurance brokers in the United Arab Emirates. Malakut already operates daughter companies in Azerbaijan, Kazakhstan and Ukraine and has rep offices in Colombia and Vietnam.

The newly formed UAE company will be headed by Rinat Mustafin (photo) who has already moved his family to Dubai.
Rinat's background was originally in aviation, he soon became head of Malakut's aviation division and soon took on other senior positions in the firm, including that of Deputy General Director and member of the board.
His new responsibility will be to develop the potential for growth in the Middle East. As Andrey Dolgopolov, Malakut's chairman says: "The economic strength of the UAE region will contribute to the development of the group and strengthen Malakut's global activity."

contact us:

Mareen Hüffmeier
Executive Director
Tel: +32 2 343 6072
Fax: +32 2 791 9146