By now, you’ve probably heard in the news or read in the headlines that large companies are frequently exposed to ransomware attacks resulting in data breaches and network failures. When this happens, companies face hefty fines, legal expenses, and the cost associated with a loss in reputation. The fact of the matter is, ransomware attacks …
Why do Small Business Owners Need Cyber Liability Insurance? Read More »
This article was updated on November 11th, 2024 As cyber threats continue to escalate globally, safeguarding your business against ransomware attacks has never been more critical. At Petra Insurance, we leverage decades of industry expertise to provide comprehensive cyber ransom insurance solutions, ensuring your organization is resilient in the face of ever-evolving cyber risks. Cybersecurity …
Navigating Cyber Ransom Insurance: Expert Insights from Petra Insurance Read More »
Insurers and brokers who anticipate and plan for change can shape their own future, writes Ramzi Ghurani. What a difference a year can make. The COVID-19 pandemic and the resulting economic fallout have radically shifted personal and professional needs, expectations, and habits. In the wake and disruptions caused by the pandemic, the insurance industry stands …
Most people agree that it’s smart to be insured in the event your home or belongings become damaged or destroyed. However, did you know insurance coverage for strata properties can differ to that offered for non-strata condos? How is a Condo Different From a House? A condo is a property unit owned by separate people. …
How do Strata & Homeowner Insurance Work When You Own a Condo? Read More »
Strata insurance policies are designed to protect the common areas of jointly owned residential property, group, and community title properties, body corporates, owners corporations, and strata managers. Jointly owned property (JOP) is the term used to describe a building or land that has been divided into units and where part of the land or building …
Why I Need Strata Insurance for Jointly Owned Properties Read More »
We tend to look at the world through a different lense these days: before Covid-19 and post Covid-19. Before the global pandemic, we gathered in large groups unmasked, worked in tight office spaces, and felt generally protected against the unknown. As the world continues to vaccinate and manage the virus, we are left to think …
Is your business underinsured? Are you paying for more coverage than you need? Let’s explore what you need to know about ensuring your business is protected with the right amount of coverage. We all know that we need insurance to protect our business. From Business Insurance and Business Interruption Insurance to Business Protection Insurance, there …
Future Proofing Your Business With Insurance Financing & Instalments Read More »
Despite the economic toll on SMEs, there is an opportunity for the insurance industry to grow within this sector while simultaneously providing essential coverage and security for the future, writes Ramzi Ghurani. The COVID-19 pandemic isn’t just a public health emergency, it is also an economic crisis that is hitting small and medium-sized businesses exceptionally …
According to Dubai’s Health Law No. 11, all residents, expats, and dependents are required by law to carry health insurance. Your health is your most valuable asset, and when your health is in jeopardy, you need to know your medical bills will be covered. Medical insurance provides coverage for medical expenses relating to an accident …
Pre-existing Medical Condition in Health Insurance – What You Need to Know Read More »
In today’s competitive world, every professional strives to have an edge over their competitors. The continuous thirst for knowledge is critical in building your professional career or thriving in your business. In recent years, professional examinations and certifications have moved to the forefront to help individuals stand out in a crowd while simultaneously solidifying their …
Why Professional Certification Helps Build Strong Foundation In Your Insurance Career Read More »
