This article was updated on September 16th, 2024 Running a successful business means anticipating challenges, and one of the most overlooked risks is the loss of a key employee. Whether due to illness, injury, or death, losing a critical team member can disrupt operations and, in some cases, threaten the survival of a business. This …
Keyman Insurance Explained: Protecting Your Business from Unexpected Loss Read More »
This article was updated on September 16th, 2024 SMEs have long been the lifeblood of global economies, accounting for 99% of businesses worldwide and contributing nearly 50% of global GDP. In regions like the European Union, SMEs employ more than 100 million people, representing about one-third of all jobs. Similarly, in the UAE, SMEs are …
Future-Proofing SMEs: The Critical Role of Insurance in 2024 and Beyond Read More »
This article was updated on November 11th, 2024 Imagine coming home after a long day to find your apartment flooded due to a burst pipe, or waking up in the middle of the night to the alarming sound of a fire alarm. These scenarios are distressing, but what’s even more daunting is facing the aftermath …
Why Home Insurance is Essential for UAE Residents Read More »
Traditionally, the primary role of the insurance brokers was to provide advice on the selection of insurers. In the case of larger firms, the broker would also provide risk survey services. In recent years, the entire process of managing and assessing risks has become more sophisticated. Subsequently, clients are relying more and more on the …
This article was updated on October 23rd, 2024 When planning a trip, whether it’s a quick getaway or an extended vacation abroad, travel insurance in Dubai is one of the most important considerations. It protects you from unforeseen circumstances that could derail your plans or leave you with unexpected costs. But with so many different …
Understanding Travel Insurance: What You Need to Know Before Your Next Trip Read More »
Insuring Bitcoin Transactions How we purchase goods and services have changed. Just as smartphones are poised to completely replace cash and credit cards, cryptocurrency emerged to become the latest in convenient digital currency transcending geopolitical borders. Insurance industry trends indicate that cryptocurrency and the technology behind cryptocurrency (blockchain) may completely dominate the market for years …
This article was updated on September 4th, 2024 Many of us like to believe that serious illnesses are something that happens to others, not us. It’s a comforting thought, but the reality is that critical illnesses, like cancer, stroke, and heart disease, are far more common than we might think. As we move through 2024, …
Why Critical Illness Insurance Matters More Than Ever Read More »
The one constant in life changes, and the same goes for the insurance industry especially in a fast-moving market like the UAE. We have all come across the changes happening currently in the medical insurance landscape and the mandatory law. Our goal at Petra Insurance is to provide as much clarity as possible with all …
This article was updated on July 12th, 2024 The United Arab Emirates (UAE) is renowned for its potential to turn dreams of financial success into reality, attracting people from around the world. Since its formation in 1971, the UAE has established itself as a land of opportunity, where expatriates come to build prosperous lives. The …
Financial Success in the UAE: A Guide to Thriving, Not Just Surviving Read More »
The new medical insurance requirements are in full swing in Dubai. Wrapping up a 2 day conference, held at the Murooj Rotana, implications were discussed on the new mandatory medical insurance that is to be implemented over the next 2 years in Dubai. As a recap there will be phases for the implementation – in …
Medical insurance in Dubai: what’s changing in Dubai and how does it affect you. Read More »
