ADNIC to sign a long-term partnership with Allianz Trade in Middle East to expand Trade Credit Insurance solutions in the UAE, empowering businesses to grow with greater financial security

2025-09-17 04:52:14

(MENAFN- Weber Shandwick) Abu Dhabi, UAE 17 September 2025: Abu Dhabi National Insurance Company (ADNIC), a leading regional multi-line insurance provider, and Allianz Trade, the global leader in trade credit insurance are pleased to announce the establishment of a long-term strategic partnership. This collaboration marks a major milestone in expanding access to Trade Credit Insurance solutions for businesses across the UAE.
Through this partnership, ADNIC will expand its portfolio by offering tailored Trade Credit Insurance solutions that protect UAE-based companies against the risk of customer payment defaults. These solutions empower businesses to trade securely, optimize working capital, and pursue growth in both local and international markets.
Trade Credit Insurance is a vital solution for companies of all sizes, supporting them to safeguard cash flow, cover losses, improve financing opportunities, and explore new markets expansion securely.
By leveraging Allianz Trade in Middle East ’s deep expertise in risk assessment and underwriting as well as its regional database monitoring over 40,000 businesses across key GCC industries, ADNIC will provide its clients with unparalleled market insights and real-time credit intelligence.
Commenting on the product launch, Charalampos Mylonas, Chief Executive Officer of ADNIC, said: Trade Credit insurance will be available to eligible businesses across various sectors in the UAE. it will play an important role in supporting sustainable growth and encouraging responsible credit management practices that contribute to the country's economic development.
Dario Locatelli, CEO of Allianz Trade in the Middle East, added: “We are excited to join forces with ADNIC and bring our regional and global expertise to support UAE businesses. Our collaboration will help companies grow faster and more securely. As the world leader in trade credit insurance, we remain committed to delivering solutions that enable safe and confident trade.

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