Event Details

A New Dawn on the UAE Insurance Horizon - The Scout Motto: Be Prepared, 24th Feb

Event Date
Tue, 24 February , 2015
Location
DIFC, Dubai,


Description

The session provided an overview and implications of the new Health Insurance Law, and how to manage your own investments if your adviser is no longer licensed to operate.

In November 2014, the Insurance Authority implemented wide ranging and much anticipated legislation that impacts almost every expat here in the UAE.

The changes affect advisory firms and their license to operate; and introduce new Health Insurance Law, which is compulsory for all residents and visitors in the emirate of Dubai.

The following key issues was covered in the presentation:

·        The effect of the new regulations which includes:  Increased capital requirements; Department head for each line of insurance; Compulsory health insurance; Unregulated intermediaries

·         Dubai Health Insurance law: The law requires that all Nationals and Residents of Dubai (including dependents) must have coverage in place to pay for emergency and curative healthcare needs.

·         The Dubai Health Insurance legislation’s next phases of implementation

·         DHA Regulation: Giving Health Insurance Advice

The presentations also touched on Investments which includes; How to manage your own investments; Understanding your own risk structure; How to do my own gap analysis and the effect of asset allocation. 



Speakers Bio

Gordon Robertson
Investme Financial Services LLC

Prior to setting up the Me Group, Gordon spent 21 years in Duesseldorf Germany where he spent 8 years at Merrill Lynch and 13 years with Prudential Bache. He then moved to Dubai where he set up the branch office of Prudential Bache. He obtained various qualifications with the New York Institute of Finance as well as NASD. He is qualified as a Senior Options Principle, Senior Compliance Options Principal.  General Securities Sales Supervisor for Options and Securities.  Unified Investor Law examination and Uniform Securities Agent Law examination.

Gordon set up the Me-Group which owns the Insureme Brand, Investme Financial Services LLC which is the only SCA regulated company which is also RERA regulated as a mortgage broker. He has recently launched PropertyMe Real Estate and also writes a financial blog. He has a very extensive and all round experience in the financial world. 

Gordon is also a director and partner in RMD Institutional Consultants and a new company called Link Lease.
 

Stephan Albrech
Albrech & Cie. Asset Management Company PLC
Stephan Albrech, began his apprenticeship as a banker with Kölner Bank eG in 1978. (For more than 140 years Cologne Bank has been a successful cooperative bank and an important financier for small and medium-sized businesses of the region.)  

A few years later Stephan Albrech completed his training as certified banking administrator. 

His professional activities with Cologne Bank included also the credit business, the securities business, the investment consulting for affluent private clients (financial planning), the training of personnel as well as the management of branch banks.
In 1991 Stephan Albrech became private client manager with the private bank Marcard, Stein & Co. AG, Cologne branch, where he was given joint power of attorney in 1994.

On 1st July 1996 Stephan Albrech founded the Albrech & Cie. Asset Management Company PLC and since then he has been working as CEO in the sectors private asset management and fund management. 

As Head of Administration he is also responsible for reporting to the German Federal Financial Supervisory Authority and for all contractual matters. In addition, the major part of public relations is incumbent upon him: He gives lectures and presentations to private and professional investors, and interviews in the respective financial media.  


Katharina Holzkamp
InsureME

Katharina is the Head of Sales and Distribution.

Through the German Chamber of Commerce she obtained her status as an insurance, sales and financial specialist.? Katharina was previously employed in the Education and Training Department at Formaxx in her home country of Germany. She moved to Dubai to join InsureMe,? taking on the critical role of building a reputable sales team. With over 10 years experience in the insurance industry, Katharina has a natural forte when managing her colleagues and has developed strong areas of expertise in sales, business development and finance to become an integral part of the Me-Group team.


Focus Banking & Finance Breakfast
Chaired by: Andrew Prince




Event Location