Insurance

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06
Nov
By

Playing it safe: Addressing the expanding insurance needs of Saudi Arabia’s sports sector

Driven by Vision 2030’s ambitious goals to diversify the economy and enhance the quality of life, Saudi Arabia’s sports sector is experiencing unprecedented growth. The nation’s investments in sports infrastructure, international events, and high-profile athlete acquisitions have significantly elevated its economic prowess and sports profile globally. Recent research by the Guardian estimated that since early […]
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06
Aug
By

The rising threat of cyber incidents and the importance of cyber insurance

Businesses worldwide are increasingly contending with cyber threats, which have emerged as one of the most substantial risks in the modern digital landscape. The World Economic Forum’s Global Cybersecurity Outlook for this year reveals a 30% reduction in the number of organizations maintaining minimum viable cyber resilience. In the Middle East, cyberattacks have been identified […]
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18
Jul
By

Optimizing insurance to safeguard financial institutions against operational risks

Financial institutions are perpetually at risk, navigating a landscape rife with operational hazards. As these risks evolve, so must the strategies to manage them, particularly through robust insurance programs. Operational risk within financial institutions encompasses a spectrum of threats from internal fraud to cyber breaches, each requiring nuanced understanding and strategic coverage. The goal is […]
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18
Jul
By

The critical role of business resilience in today’s uncertain world

The main risks facing businesses in the Middle East and North Africa (MENA) include regional tensions, cyberattacks, supply chain disruptions, and climate change, according to the Economist Intelligence Unit. The concept of “perma-crisis”—a continuous state of crisis or emergency—has become increasingly relevant, demanding robust business strategies to ensure survival and growth in such turbulent times. […]
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03
Jul
By ,

Royal Humanitarian Foundation teams up with ACE Gallagher to spread joy among orphans in Bahrain

In a heart-warming collaboration aimed at spreading joy and uplifting spirits, the Royal Humanitarian Foundation (RHF) and ACE Gallagher have recently joined forces to bring smiles to orphans in Bahrain. The RHF is an internationally renowned organization dedicated to humanitarian and charitable work. Established in 2001 by order of His Majesty King Hamad bin Isa […]
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