UAE’s ANIB introduces specialized marine insurance coverage

Shilpa Annie Joseph

10 Mar, 2024

UAE’s ANIB introduces specialized marine insurance coverage — Rep. Image

Al Nabooda Insurance Brokers (ANIB), a UAE-based insurance solutions provider, has introduced specialized marine insurance coverage for risks posed by geopolitical events.

In recent years, the global maritime industry has faced increasing threats from various geopolitical factors, including unstable conditions in which during war, attacks on cargo-carrying vessels pose significant risks to shippers and businesses involved in international trade.

ANIB’s specialized insurance coverage for war and political risks is specifically designed to address these challenges, providing clients with peace of mind and financial protection in the face of uncertainty.

Key features of ANIB marine insurance

Tailored Solutions: ANIB works closely with clients to tailor insurance solutions to meet their specific needs and requirements. Whether operating in high-risk regions or facing unique geopolitical challenges, ANIB can customize coverage to suit each client’s individual circumstances, providing targeted protection where it’s needed most.

Expert Risk Assessment: ANIB’s team of experienced insurance professionals conducts thorough risk assessments to identify and evaluate potential threats posed by geopolitical events. If you are considering insurance coverage for cargo-carrying vessels in areas affected by unstable conditions, you should consult with an insurance professional. By leveraging their expertise and industry insights, ANIB helps clients understand and mitigate risks effectively, ensuring they have the right coverage in place to protect their interests.

Transparent Disclosures: ANIB believes in full transparency when it comes to insurance.

According to the statement, “Clients receive clear and concise disclosures outlining the terms, conditions, and limitations of their policy, ensuring they have a complete understanding of their coverage. Through exhaustive analysis of marine risks, the experts navigated complex scenarios, ensuring that clients were adequately protected.”