RIQ, a subsidiary of International Holding Company and an AI-native reinsurance platform, has signed a memorandum of understanding with Abu Dhabi Future Energy Company, known as Masdar, to develop advanced reinsurance solutions addressing risks in the global energy transformation.
The agreement aims to embed dedicated reinsurance capacity into Masdar’s global insurance programs, including enhanced coverage, improved capital efficiency, and better pricing across its expanding portfolio.
The two entities will assess opportunities to collaborate across the full insurance value chain, including risk engineering, primary underwriting, and claims support to protect clean energy projects from construction through operation.
RIQ, supported by more than $1 billion in equity commitments from IHC and strategic partners BlackRock and Lunate, will bring institutional capital with data-driven underwriting to deliver comprehensive reinsurance solutions focused on climate-aligned infrastructure and emerging risk classes, Zawya reported.
“Masdar is a global leader in renewable energy, and this partnership reflects our shared belief that the future of infrastructure must be both resilient and intelligent,” Mark Wilson, CEO of RIQ, said. “At RIQ, we’re building the digital architecture of tomorrow’s insurance economy, one that supports clean energy investment with smarter capital and sharper risk insight.”
The memorandum sets a three-year framework for ongoing dialogue and implementation, advancing Abu Dhabi’s strategy to position itself as a global center for climate finance and AI-enabled risk management.
RIQ is building its platform to become a global reinsurance leader, anchored in AI-native capabilities and targeting $10 billion in annual underwriting across complex, emerging risk classes, the release stated.
“As Masdar continues to expand its global clean energy footprint, we recognize the need for innovative financial and risk solutions that match the scale and complexity of our investments,” Mazin Khan, chief financial officer of Masdar. “By partnering with RIQ, we are aiming to embed resilience and intelligence throughout our operations, enabling us to better safeguard our assets and improve capital efficiency.”
