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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 …

The Challenges Of Implementing Artificial Intelligence In Insurance In the UAE Read More »

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 …

Common Misconceptions About Life Insurance for Expats in the UAE Read More »

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 …

Petra Insurance Brokers: A Story of Resilience and Values Read More »

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 …

Tips to Avoid Delays When Purchasing Your Group INSURANCE Policy Read More »

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 …

Corporate Medical Insurance: What SMEs and HR Managers Should Know Read More »

If you live an affluent lifestyle, you might worry about what would happen in the event of a life altering accident or natural disaster? While it’s natural to worry about the unexpected, you can prepare by protecting your interests and your loved ones. With the right insurance policies, you can ensure your way of life …

Top Insurance Policies if You Live an Affluent Lifestyle Read More »

A common mistake people make when purchasing Medical & health insurance is not disclosing their pre-existing illnesses to the insurance company. This is usually because they are concerned their pre-existing conditions will lead to being denied coverage or increased premium fees. However, you must tell your insurance provider all your medical history to ensure proper …

Why You Must Disclose Pre-existing Illnesses Before Buying Medical & Health Insurance Read More »

As we move into 2022 and beyond, insurers will invest considerably in reimagining the customer’s journey across the lifecycle of their policy, with a focus on life insurance. In particular, the need for life insurance coverage has been brought to the forefront and gained significant visibility since COVID-19 struck. The health and well-being of self …

Five Trends Poised to Shape the Life Insurance Industry in 2022 Read More »

Often when choosing a new job or independently purchased insurance plan, the important question you should be asking yourself is, how good is the insurance coverage? For some, utilizing a preferred provider organization plan (PPO) is the way to go. But what exactly does that mean?  Today, the insurance experts at Petra are going to …

Does Your Preferred Provider Organization (PPO) Meet Your Long-Term Treatment Needs? Read More »

In 2018, the UAE was ranked one of the Top 10 most efficient healthcare systems in the world. With a highly developed health infrastructure with a high standard of health care, medical facilities throughout the UAE are modern and easily accessible for both locals and expats alike. In particular, in Dubai and Abu Dhabi, both …

2022 Health Insurance in UAE – What You Need to Know? Read More »