Why?

Many Middle Eastern jurisdictions have mandatory insurance - primarily motor and health, but also professional indemnity for certain businesses. However, insurance buyers should consider the range of risks to which their businesses are insured and the amount of insurance purchased. It is common to see low levels of coverage which may be insufficient for the needs of the business. Also, deductibles are often set too low and as a consequence the premium rates are unnecessarily increased.

What?

It is important to understand the risks and liabilities to which a business is exposed as these may differ to other jurisdictions. For example, individuals who are involved in accidents may have an obligation to pay "blood money" to the person who is injured irrespective of any liability in damages. Business should check whether the policy wordings are appropriately tailored to cover the exposures of business in the region.

Who?