It is important to note that in the Gulf region, the insurance of high-value assets is essential because large investments made invaluable assets are prone to many risks and uncertainties. Insurance of high-value assets is considered from the viewpoint of importance, available insurance types, insurance benefits, regulations, and trends specific to the Gulf region. Importance … Read more
Construction insurance in the Gulf region is imperative for insulating projects against the multiple risks and uncertainties inherent in the construction business. This paper focuses on understanding the role and purpose of construction insurance, the different categories, advantages, legal requirements, and the novel tendencies of this product adapted to the Gulf area. Also, read about … Read more
There is tremendous importance of employee benefits insurance in the Gulf region as it provides various types of insurance policies that cater to all sectors and their employees. This article delves into what is employee benefit insurance, the kinds, and factors of consideration for employers and employees in the Gulf region. Employee benefits insurance in … Read more
Terrorism insurance is very important in the Gulf countries where a number of business investments and properties must be protected as a result of terrorism in the region. Terrorism has remained a major concern in the Gulf region in particular and the globe as a whole in general; terrorism insurance care has remained an important … Read more
In relation to the above discussions, we can therefore conclude that investing in real estate in the Gulf region entails its own advantages and disadvantages, or in other words, benefits and risks. Hence, the property owners and developers in the area require insurance policies that will adequately address the risks facing Gulf real estate investments. … Read more
Non-road car insurance is different from normal car insurance and thus there is a need to have specific insurance to cover off-road vehicle insurance. These vehicles comprise Terrain Vehicles (ATVs), dirt bikes, dune buggies, and snowmobiles that are used on rough terrains and hence are exposed to certain specific risks. The standard car insurance does … Read more
Insurance brokers are central to the ever growing and changing insurance market of the Gulf region. Being the key link between clients and insurance companies of the Gulf region, insurance brokers offer professional consultations, individual approaches, and extensive risk management plans to satisfy the requirements of business and private persons. Below is a look at … Read more
The constantly changing competitive and economic environment in the Gulf region requires sound insurance policies that will address the needs of firms cut across all industry sectors. The expansion of market in GCC countries as well as the growth of different business sectors has led to increased need for business insurance policies. The following article … Read more
Currently, Gulf insurance markets are changing dynamically due to the diversification of the economy, the shift in the legal regime and a tendency of consumers and companies to implement risk management. Here is a preview of some of the most discussed trends related to the insurance coverage in the given area. Health Insurance Expansion in … Read more
The Gulf insurance market trends is rapidly evolving through technological advancements, stricter regulations, and a stronger focus on sustainability. Embracing AI, chatbots, and IoT, insurers are boosting efficiency and customer experience. New regulations and unified frameworks aim to ensure market stability, while product innovations and Sharia-compliant options cater to diverse needs. Market expansion targets increased … Read more