Insurance Brokerage in ADGM
Abu Dhabi Global Market — Abu Dhabi, UAE. From AED 27,000/yr.
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Setting Up Insurance Brokerage in ADGM
To operate a insurance brokerage business in Abu Dhabi Global Market, you need a Professional license. ADGM is located in Abu Dhabi and specializes in financial services, fintech.
Key features: Al Maryah Island, English common law
A insurance brokerage business in the UAE serves the country's large expatriate population and growing corporate sector. Licensed in 17 free zones. A professional license is required, typically suited for service-based and specialist activities.
About ADGM: Abu Dhabi Global Market (ADGM) is an international financial centre on Al Maryah Island operating under its own English common law framework. Regulated by three independent authorities — the Registration Authority, Financial Services Regulatory Authority, and ADGM Courts — it serves as a hub for banking, asset management, fintech, and professional services. ADGM's legal certainty and arbitration capabilities attract global financial institutions.
Cost Packages at ADGM
| Package | License Fee | Visas | Office | Total Year 1 |
|---|---|---|---|---|
| ADGM Tech Startup License | AED 10,000 | 2 (AED 5,000/pp) | Flexi Desk AED 5,000 | AED 27,000 |
| ADGM Commercial License | AED 15,000 | 4 (AED 6,000/pp) | Office AED 30,000 | AED 56,000 |
| ADGM Financial License | AED 25,000 | 6 (AED 7,000/pp) | Office AED 50,000 | AED 92,000 |
Requirements
| License Type | Professional |
|---|---|
| Activity Category | Finance |
| Free Zone | Abu Dhabi Global Market |
| Emirate | Abu Dhabi |
| Minimum Setup Cost | AED 27,000 |
| Official Website | www.adgm.com |