International Holding Company (IHC) has officially launched Reinsurance Intelligence Quotient (RIQ), a next-generation, AI-driven reinsurance platform. Headquartered in Abu Dhabi Global Market (ADGM), the platform is backed by over $1 billion in equity and supported by global investment leaders BlackRock and Lunate.
This move strengthens Abu Dhabi’s role as a centre for innovation in financial services and reinsurance.
RIQ Uses AI to Transform Reinsurance
RIQ is designed to use real-time AI analytics for better risk evaluation. It will enhance underwriting accuracy, speed up capital deployment, and meet complex needs in Property & Casualty (P&C), Life, and specialty insurance.
The platform’s location in ADGM allows it to operate in a digitally advanced regulatory environment. As a result, RIQ is positioned to scale across global markets while keeping operations anchored in the UAE.
Leadership Comments Reflect Strategic Intent
Dr Sultan Ahmed Al Jaber, Chairman of RIQ, said:
“With the unveiling of RIQ, we take a bold step toward shaping the future of global insurance. 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 Board Member of RIQ, added:
“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, also shared:
“We are proud to officially launch RIQ. Our name reflects our long-term goal to build a high-performance, AI-native reinsurance company. With the right leadership, partnerships, and infrastructure, we are well placed for global growth.”
A Platform Built for Global Expansion
RIQ is now completing final approvals from the Financial Services Regulatory Authority (FSRA) of ADGM. Once licensed, the company will begin full operations.
Its strategy includes hiring top talent, developing AI infrastructure, and forming selective partnerships. These efforts support RIQ’s aim to manage over $10 billion in liabilities in the years ahead.
By blending strong capital, cutting-edge AI, and forward-thinking leadership, RIQ is set to lead a new era of sustainable, tech-powered reinsurance—with Abu Dhabi at its core.
