Central Bank revokes licence of Dynamics Insurance Brokers — insurance sector — effective immediately
The Central Bank of the UAE (CBUAE) has revoked the operating licence of Dynamics Insurance Brokers, effective immediately. This affects all clients, counterparties, and stakeholders transacting with the firm. You must cease all business with Dynamics Insurance Brokers and redirect insurance brokerage needs to a CBUAE-licensed alternative without delay.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- Cease all transactions with Dynamics Insurance Brokers immediately. Verify the firm's licence status on the CBUAE registry before engaging any insurance broker. If you hold active policies or claims with the firm, contact CBUAE or a licensed alternative broker for guidance on transition.
Source
Source: Central Bank of UAE — official 3 Apr 2025 Read the original ↗ More from Central Bank of UAE →
Quick answers
What do I need to do?
Cease all transactions with Dynamics Insurance Brokers immediately. Verify the firm's licence status on the CBUAE registry before engaging any insurance broker. If you hold active policies or claims with the firm, contact CBUAE or a licensed alternative broker for guidance on transition.
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
3 Apr 2025.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/cbuae-revokes-the-licence-of-dynamics-insurance-brokers/
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