An independent broker, built for complex placements.
PEX Re started from a fairly simple observation: reinsurance decisions get better when the people making them have real data in front of them, not a standard template. We cover placement, delegated underwriting and advisory under one roof so nothing falls between desks.
What we actually do all day.
Most of our work sits at the point where risk, capital and distribution overlap, turning something technically messy into a decision an insurer or reinsurer can actually sign off on.
Every mandate starts with a few blunt questions: what does the data actually support, what will the market realistically pay for, and what does the client need to be able to defend to their own board or regulator. The structure gets built around those answers, not the other way round.
It's a deliberately narrow position to hold — independent enough to walk away from a placement that doesn't stand up, and big enough to execute the ones that do.
The people you'd actually be working with.
Jonathan Abishek
SEO and Managing Director
Jonathan has spent more than 12 years in insurance and reinsurance, across underwriting, broking and executive roles in the GCC and internationally. He set up PEX Re after seeing the same gap repeatedly: reinsurance gets sold as an annual renewal, when most clients actually need it to function as a capital tool.
Abeer Ballout
Deputy CEO
Abeer Ballout brings over 20 years of experience in insurance and reinsurance, spanning broking, underwriting, and facultative and treaty business. Her expertise includes structuring tailored reinsurance solutions, developing portfolios, and building lasting relationships with insurers and reinsurers.
At PEX Re Limited, Abeer supports the firm's regional growth, strengthens client and market partnerships, and guides teams in delivering solutions aligned with clients' evolving needs.
Anuruthan Umapathy
Finance Manager
Anuruthan Umapathy brings experience in accounting and auditing, including roles at Farahat & Co., to his position as Finance Manager at PEX Re Limited. He supports the firm's financial management, reporting, and accounting operations, contributing to financial discipline and informed business decisions.
Anuruthan holds a Bachelor of Business Management and is pursuing ACCA qualifications.
The wider team has come through insurers, reinsurers, global brokers and underwriting platforms — which mostly just means they've seen how a deal looks from every side of the table.
Built around whoever's actually on the hook.
Insurers & reinsurers
Programme design and placement support that's tied to your actual underwriting, earnings and capital priorities.
MGAs & programme leaders
Capacity strategy and delegated authority structures, plus the governance work needed to scale without losing control.
Brokers & risk owners
Market access for the exposures that are harder to place — complex, emerging, or just outside the usual appetite.
Placed inside DIFC. Regulated by the DFSA.
PEX Re Limited is a DIFC company, authorised and regulated by the Dubai Financial Services Authority under reference F008555.