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In a move that proved to have more foresight than anyone could have ever predicted, in 2017, University of Illinois Business School Dean Jeffery Brown purchased revenue and pandemic insurance worth up to $61 million with their Chinese student body population in mind, which represents nearly one-third of their engineering program.  Due to many clerical …

A Lesson in Foresight – Risk Management and the Importance of Competent Brokers Read More »

First, what is classic car insurance? Well, classic car insurance isn’t like the “normal” car insurance most people have on their vehicles. This type of insurance is specified to help and protect special vehicles in the “antique” or “classic” car category. There are different definitions on what is considered a classic or antique car, but …

Why is it so Difficult to Find Good Classic Car Insurance? Read More »

Medical insurance was not mandatory in Dubai until 2014. In the year 2016, the laws become stricter and that was when a deadline was set for all Dubai Visa holders to secure medical insurance or face a fine of AED 500 per month as per the Dubai Health Authority. We highly appreciate the Dubai government …

All You Need to Know About Medical Insurance Read More »

A Mental Health Crisis is unfolding around the world. Millions of people are under considerable stress, surrounded by disease and have been forced into isolation, all of that is creating a collective traumatic experience. Combine that with the economic stress of the pandemic forcing many people to be laid off and facing money problems only …

Does Health Insurance Cover Mental Health? Read More »

This article was updated on July 12th, 2024 Navigating the world of insurance can feel like wandering through a dense jungle. With countless providers offering seemingly similar policies and endless paperwork, it’s no wonder people feel overwhelmed. That’s where an insurance broker steps in. More than just experts in the field, brokers are your guides …

5 Things You Didn’t Know Insurance Brokers Can Do For You Read More »

When it comes to advising our clients on life insurance policies, we do it a little differently than other brokers. This isn’t some sort of hollow promise, but we just looked back on several life insurance transactions, and it is a well-documented, distinctive approach at Petra Insurance Brokers.  Recently, one of our long-standing clients came …

Ethical Insurance Advice & When Advisors Just Have to Say No to Easy Money Read More »

Workers’ Compensation Insurance (Workers’ Comp) is a fairly standard form of insurance and a common practice for all organizations that have employees. It is straightforward: Employees injured at the workplace will receive medical benefits in exchange for not suing their employer. Employees get medical coverage and employers are protected from lawsuits and exorbitant damages. Workers’ …

Does Workers’ Compensation Cover Employees Who Work from Home? Read More »

Insurance acts as a great and powerful force behind the screen, protecting against the loss of life and limb; the intellectual property of directors and writers; the potential liability of location shoots; and the substantial investment of the producers. However, from the other side of the screen, viewers are also entertained by interesting, exciting, and …

Entertaining Movies and TV Shows Featuring Insurance Themes Read More »

The Coronavirus pandemic has impacted life around the world, and it is taking a serious toll on businesses too. Global stock markets are down, travel restrictions were imposed hurting industries across the board, and millions of people are either in quarantine, unable to work or have had to change the way they live.  While these …

The Role of Our Industry During the Coronavirus Pandemic Read More »

In the wake of recent data breaches, healthcare organisations and financial institutions are turning to cyber insurance to offset costs associated with cyber-attacks and data breaches. According to a recent Moody’s Investors Service report, as reported by Health IT Security, the healthcare industry potentially faces the greatest financial impact from cyberattacks, due to their heavy …

The Importance of Cyber Insurance for the Healthcare Industry Read More »