Wayne Jones and Khiloni Jobanputra chart the development of insurance intermediation and distribution regulations in the UAE. Marty McFly: “Wait a minute. Wait a minute. Doc, uh… Are you telling me you built a time machine… out of a DeLorean?” Dr. Emmett L. Brown: “The way I see it, if...
The insurance industry was privy to many key themes from healthcare to specialist risks and run-off. A Premium report. The UAE insurance industry had a busy period, with scores of conferences that featured valuable information for stakeholders. Premium has summarized some salient points from these events. Focus on clinical outcome...
The recent rise of populist and nationalist sentiments around the world has resulted in the reappearance of protectionist and isolationist headwinds, states A.M. Best’s latest report. For the insurance industry, although internationalisation and harmonisation processes have been underway across the world for decades, regulators in emerging markets have taken protectionist...
As the markets change, so do the needs of customers, and so insurers must innovate to create a more efficient and holistic experience, writes Mohammad Alhawari. The insurance industry has always been an intensely competitive business, but now there are new forces at play, which are enabling and quite frankly,...
The recently held Garner Security and Risk Management Summit and Cigna health insurance survey launch yielded some interesting facts and viewpoints. A Premium report. In a region where the oil and gas industry is critical to many local economies converging of operational technology (OT), Internet of Things (IoT), and IT...
Technology and its impact on the insurance business were debated quite comprehensively at this year’s Gulf Insurance Forum. A Premium report. Is insuretech here to stay? Will digitalisation change the insurance business? Can it replace certain distribution channels? These were some of the questions raised at the recently held Gulf...
Run-off offers many benefits such as economic and legal finality as well as improved solvency and removal of immediate risk, according to Michael Kortbawi. While there is no clear agreement on the exact definition of run-off in the insurance context, it is generally taken to mean one of two things....
The 3rd Insurance Brokers’ Forum featured a broad theme of innovation this year with interesting presentations and panel discussions dotting the agenda. A Premium report. Besides the ubiquitous themes that are discussed at every forum on insurance, the 3rd Insurance Brokers’ Forum (IBF) 2017 chose to focus on a slightly...
Health insurers and brokers alike need to buy in to the importance of harnessing technology to improve communication with insureds and increase retention, writes Tarek Bayaa. There is little love lost between insurers and the insured—poor customer service, tedious paper-based processes, and litanies of policy information (that might as well...
A recent briefing on the 2016 medical malpractice law discussed new developments and other risks facing healthcare institutions. A Premium report. Is the UAE on the way to become a world-class destination for healthcare? Premium attended a briefing by Clyde and Co recently on the topic of Medical Malpractice Liability...
