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the vital role of business interruption insurance and the ongoing need for regular updates with your broker

Ensuring Adequate Coverage: The Vital Role of Business Interruption Insurance and the Ongoing Need for Regular Updates with Your Broker

Business interruption insurance, also known as business income insurance, is a policy that often doesn’t get the attention it deserves until a crisis strikes. It’s a type of coverage that can make the difference between a company’s survival and its downfall when unforeseen events disrupt regular operations. In this article, we will explore the importance …

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protecting law practices in MENA the power of professional indemnity

Protecting Law Practices in MENA: The Power of Professional Indemnity

The revered realm of law, though held in esteem worldwide, is a minefield of intricate challenges. Within the dynamic legal confines of the UAE and MENA region, where today’s counsel can result in profound implications tomorrow, the relevance of professional indemnity insurance for lawyers becomes undeniably paramount. Unraveling Professional Indemnity (PI) The MENA landscape, with …

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the impact of digital transformation on insurance in the uae

The Impact of Digital Transformation on Insurance in the UAE

In recent years, the United Arab Emirates (UAE) has witnessed a remarkable surge in the adoption of digital technologies across various sectors. The insurance industry, in particular, has experienced a profound evolution due to this digital transformation. From streamlining processes to enhancing customer experiences, the integration of technology has revolutionized the insurance landscape in the …

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the pros and cons of motor insurance in the uae

The Pros and Cons of Motor Insurance in the UAE

Motor insurance is a vital aspect of vehicle ownership, providing financial protection in the event of accidents or unforeseen circumstances. In the United Arab Emirates (UAE), motor insurance comes with its own set of advantages and disadvantages. Understanding these pros and cons can help individuals make informed decisions when selecting motor and car insurance in …

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petra insurance brokers emerges as the fastest growing insurance brokerage in the uae

Celebrating Success And Commitment To Progress: Petra Insurance Brokers Emerges As the Fastest Growing Insurance Brokerage In The UAE

Hello everyone, I am thrilled to share the exciting news that Petra Insurance Brokers has been honored with the prestigious title of the fastest growing insurance brokerage in the UAE. This remarkable achievement was bestowed upon us by the esteemed Global Business Outlook Awards. It serves as a testament to our unwavering commitment to progress …

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the challenges of implementing artificial intelligence in insurance in the uae

The Challenges Of Implementing Artificial Intelligence In Insurance In the UAE

Artificial Intelligence (AI) has emerged as a transformative technology with the potential to revolutionize various industries, including insurance. In the UAE, the insurance sector is gradually embracing AI to enhance efficiency, improve customer experiences, and mitigate risks. However, the implementation of AI in insurance is not without its challenges. In this article, we’ll explore some …

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Common Misconceptions About Life Insurance for Expats in the UAE

Common Misconceptions About Life Insurance for Expats in the UAE

Life insurance in the UAE plays a vital role in financial planning, providing expats in the UAE with a sense of security knowing their loved ones will be financially protected in the event of an unexpected death. Unfortunately, several misconceptions prevent many expats from obtaining this critical coverage. To clarify the facts and dispel any …

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the story of petra insurance brokers in the uae

Petra Insurance Brokers: A Story of Resilience and Values

Petra Insurance Brokers, founded in the United Arab Emirates (UAE) in 1966, has come a long way from its humble beginnings. Established by Adnan Ghurani, Petra started as a small family business with a handful of employees, serving local clients in the UAE. The early years were marked by several challenges, including the lack of …

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tips to avoid delays when purchasing your group policy

Tips to Avoid Delays When Purchasing Your Group INSURANCE Policy

Purchasing insurance for your business (group coverage) has different rules than purchasing cover for yourself or your family (individual coverage). With so many nuisances to take into consideration, it may seem overwhelming even knowing where to begin. Luckily, the experts at Petra Insurance Brokers are here to help and navigate. In this article we will …

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Corporate Medical Insurance: What SMEs and HR Managers Should Know

Corporate Medical Insurance: What SMEs and HR Managers Should Know

The Health Insurance Law of Dubai No 11 (2013) states employers are legally obligated to provide medical coverage for their employees. The level of health insurance must meet or exceed the minimum benefits stipulated by DHA in Dubai. While it’s legally required for businesses to provide corporate medical insurance, there are many benefits to providing …

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