Majority still use traditional savings methods The global higher education savings market is valued at over $2.7 trillion, with significant growth driven by rising tuition costs and increasing demand for higher education. With the cost of higher education rising globally, more parents in the
insurance
Unique FIST coverage for third-party insured motorists Al Fujairah National Insurance Co. (AFNIC) has launched ‘FloodGuard’ – a unique motor vehicle insurance product that covers accidental loss or damage from flood, inundation, storm, and tempest (FIST) for third-party insured private vehicles in the United Arab Emirates. FloodGuard policyholders can select coverage
SentinelOne , a global leader in AI-powered security, today announced the SentinelOne Risk Assurance Initiative, a new program to help insurers secure their clients’ networks with the world’s most advanced AI security platform. With the SentinelOne Risk Assurance Initiative, insurers can offer the SentinelOne Singularity Platform to clients at preferred rates to stop
Policybazaar.ae, UAE’s leading insurance aggregator, has highlighted a concerning trend: despite an uptick in the uptake of term insurance plans, many residents are still overlooking the critical importance of safeguarding their families in the face of unexpected events such as death or serious illness. Based on data and statistics gathered by Policybazaar.ae, a
Award-winning International Private Medical Insurance (IPMI) provider Now Health International is celebrating its latest customer service success, having won another prestigious award, Customer Service Initiative of the Year, recognising its leadership in this area. In addition to its TrustPilot score reflecting how the company’s members feel about its products and
Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Louis Bidmead as Head of Transactional Liability Insurance for Asia and the Middle East. In this role he will work with BHSI’s global transactional liability team to provide BHSI’s comprehensive line of coverages to manage the risks of mergers, acquisitions, and other corporate transactions.
LONDON — AM Best is maintaining its stable market segment outlook for the insurance markets of the Gulf Cooperation Council (GCC) – comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The maintenance of the stable outlook reflects the GCC insurance market’s solid footing entering 2023; however, the weight of headwinds facing […]