The new marine insurance coverage for war and political risks will offer bespoke solutions and risk assessment by experts. Credit: Darryl Brooks/Shutterstock.com.

United Arab Emirates-based insurance solutions provider Al Nabooda Insurance Brokers (ANIB) has rolled out marine insurance coverage to address risks associated with geopolitical events.

The move comes as the global maritime industry confronts rising threats from several geopolitical factors including war and attacks on cargo-carrying vessels, which pose substantial risks to international trade for shippers and enterprises.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

This new specialised insurance coverage for war and political risks will offer bespoke solutions, risk assessment by experts, as well as clear disclosures to ensure clients have financial protection and peace of mind amidst geopolitical uncertainties.

The company’s approach involves customising coverage for the unique situation of each client, particularly those operating in high-risk areas.

The insurance professionals at the company carry out detailed risk assessments to pinpoint and assess potential threats from geopolitical events.

Their expertise and industry knowledge enable clients to understand and mitigate risks effectively.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

During the early 2000s, ANIB’s experts provided war cover for clients by arranging coverage and identifying gaps within existing policies through analysis.

With the new marine insurance coverage for war and political risks, businesses can minimise the impact caused by geopolitical events on their operations.

The latest development follows ANIB’s expansion of its customised medical insurance plans to better meet the changing healthcare demands of Dubai’s population, reported Zawya.

Individual medical insurance plans from ANIB are tailored to provide improved coverage and guarantee that Dubai’s residents, no matter where they live, have access to high-quality medical treatment.