Qatarlyst is a secure web-based electronic platform designed for the negotiation and placement of insurance, facultative and treaty reinsurance and Takaful business. It has been developed to address the needs of brokers, insurers, reinsurers, Takaful and Re-Takaful companies through the intelligent use of sophisticated yet accessible technology. Qatarlyst is creating a community of insurers, brokers and reinsurers across the region, offering real-time connectivity. The platform has been established to underpin Qatar’s commitment to become a leading regional insurance, reinsurance and captive insurance hub. Qatarlyst is a wholly owned subsidiary of QIS LLC. QIS LLC also owns Qatarlyst RI3K, a London-based subsidiary offering a web-based electronic placement platform primarily for the international London and Lloyds market. The RI3K platform allows all types and classes of large commercial insurance and facultative and treaty reinsurance to be transacted over the Internet. The concept for both the Qatarlyst and Qatarlyst Ri3K platforms is very straightforward; i.e. no software is needed, users simply log on and trade.