RISC Institute DMCC is a talent development company specializing in providing learning solutions for the insurance, risk management, personal financial planning, wealth management and capital markets industries.
The company was founded by the managing director, Mr. Silvan Said. Mr. Said is a CII Chartered Insurance Practitioner and holds the Associateship in Risk Management from The Institutes. During his 42 years’ career he covered various senior insurance executive and risk management roles placing him in a unique position of understanding the talent development needs of the industry.
We provide competency training courses for insurance and financial institutions to develop their human resources and gain a competitive advantage as well as providing exam preparation courses and exam hosting for globally recognized qualifications from our partner institutes (CII, The Institutes, LOMA, CISI).
We also provide training and development courses for regulators and human resources governmental agencies to develop local talent in accordance with their workforce nationalization agenda.
We deliver online, blended learning, self-paced learning as well as in person training in Dubai or at customer's location. We serve all GCC countries as well as neighbouring countries in the Middle East, Western Asia, North Africa, East Africa and Eastern Europe.
Since our establishment in 2015, we have conducted nearly 9,000 hours of training over 300 courses in Insurance and Risk Management and received more than 4,500 students. Of these we have prepared 2,200 to sit for examinations for CII, LOMA and The Institutes with a success rate of more than seventy percent. We also have an impressive list of over seventy corporate customers in the region who have engaged us for their training requirments since our foundation.
RISC Institute DMCC has been awarded: Best Financial Services Training Provider 2017 – MENA in the First Edition of UAE Business Awards. In 2020, RISC won the Education and Training Initiative of the Year Award given at the Insuretek Middle East Conference 2020 & Golden Shield Excellence Awards. The 2021 Global Excellence Awards recognized as the Most Outstanding Financial Services Training Provider, 2021 – MENA.
Last updated June 2025
For indiviudals pursuing professional qualifications, we provide blended learning consisting of structured weekly lectures which can be attended in person or online through our Virtual Live Classroom. These sessions are backed by online resources and activities to be completed in between scheduled sessions.
Operating out of our centre in Dubai, a major education hub in the Middle East, we offer short courses, workshops and seminars for public enrollment that are designed to attract an international audience.
We provide our corporate clients with tailor-made talent development solutions including in-house training and workshops regionally at their chosen location convenient to their participants. We also provide our corporate clients with a Learning Management System to support L & D managers to identify skills gaps, create individual training plans, serve courses, and monitor results.
We provide examination facilities for qualifications from global professional bodies including the Chartered Insurance Institute (CII), the American Institute For Chartered Property Casualty Underwriters (The Institutes), LOMA and the Chartered Institute for Securities and Investments. (CISI). Accreditations and examination facilitation are continuously sought in order to provide access to professional qualifications for our customers.
Our mission is therefore to contribute to the growth and enhancement of the services provided to the industry's customers by providing excellent training and competency development to the its human resources.
In order to fulfill our mission, we pursue the following quality objectives:
- continuously improving upon our standards of performance, with measurable outcomes, focused on the achievement of learner's objectives;
- understanding market and consumer needs and adapting our business to advance the knowledge and skills that meet those needs;
- practising what we preach and never compromising on honesty, integrity, ethics and good governance;
- making our learning solutions available across the region through physical presence and technology;
- balancing the interests of all our stakeholders whilst achieving a fair return and sustainable growth.
Our vision is to provide training and competency services in a wide range of professional disciplines that treat and manage risk in industry and commerce, risk in financial services, and risk in our personal endeavours.
We aim to move beyond the limitations of professional training and education in the classroom and harness existing and learning technologies to reach an ever expanding audience across the world, where the consumption of insurance and personal financial services is emerging and growing rapidly.

Mr. Silvan Said ACII, ARM, Chartered Insurance Practitioner
Founder, Managing Director
Mr. Said is a CII Chartered Insurance Practitioner and an Associate in Risk Management (ARM) with The Institutes.
During his 42 years’ career he covered various senior insurance executive and risk management roles placing him in a unique position of understanding the talent development needs of the industry.
Mr. Said has been actively involved in training since 2002, first delivering courses in and out of his home country Malta, then to Eastern Europe and the GCC. In 2008 he was employed with Gulf Insurance Institute in Bahrain as Head of Academy and then its first CEO from 2009 to 2015. He moved to UAE to set up RISC Institute in March 2015 and it quickly became the leading specialized training organization for the insurance industry in the region both in terms of attendance numbers and qualified students.
Our Operations Team

Anitha Bhanu
MBA (Finance and HR), Bachelor in Commerce
Learning & Development Specialist

Cathy Balang
BSc. Office Administration
Customer Service
Our Trainers


Pauline Azzopardi
BSc., ACII., Cert FS, CeFA
Bancassurance; Wealth management; Investment Planning; Financial Planning
Profile
Ray Micallef
MBA (Henley), ACII, RGN (Wrnt) MIM. Chartered Insurer
General Insurance; Medical Insurance; Leadership and management; Marketing
Profile
Omer ElFarowg Ahmed Elamin Ahmed
Dip. CII
General Insurance; Marine Insurance; Risk Management, Bi-lingual EN/AR
Profile
Mohamed Saeed Elmutasim
Bsc, MBA, ARM, Cert CII
General Insurance; Marine Insurance; Risk Management, Bi-lingual EN/AR
Profile
Kenneth Genovese
M.A. (Henley)
Wealth Management; Life Insurance; Bancassurance; Financial Planning; Investment Advice; Leadership & management; Marketing
Profile
Ms. Sandhya Subramanian
B. TECH, MBA, CERT.CII
Health Insurance, Healthcare Operations, Medical Claims Administration, eClaims, telemedicine and Health insurance fraud prevention
Profile

Mark Camilleri
FCII, CAMS, DMU (AMS).
Life Insurance management, underwriting and claims; Prevention of Money laundering in Insurance
Profile
Yazeed Al Haj Ali
ACII
General Insurance; Reinsurance; Medical Insurance, Life insurance Bi-lingual EN/AR
Profile
Vlad Karols
MBA, CIA, Int.Dip(AML), Chief Compliance Officer
Anti-money Laundering, General Regulatory Compliance and Quality Management
Profile