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When it comes to safeguarding your business, insurance is often seen as a lifeline during times of crisis. However, there’s a lurking danger that many business owners overlook – underinsurance. In this blog, we’ll delve into the detrimental impact of underinsurance on businesses when they need to make claims. The Perils of Inadequate Coverage Underinsurance …

Underinsurance and Its Detrimental Impact on Businesses During Claims Read More »

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 …

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

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 …

Protecting Law Practices in MENA: The Power of Professional Indemnity Read More »

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 …

The Impact of Digital Transformation on Insurance in the UAE Read More »

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 …

The Pros and Cons of Motor Insurance in the UAE Read More »

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 …

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

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 »