Medical inflation is defined as the rate at which healthcare costs have risen due to current trends and developments. This has been remaining high for several years due to increased need for medical care across the world. Medical inflation includes utilization and unit costs which means how often services are used and what are the […]
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Compulsory auto liability insurance, often referred to as Third-Party Liability (TPL), is designed to protect individuals and property injured or damaged by the insured driver. This form of insurance is mandatory in all, or nearly all, Middle Eastern countries. However, there are differences across jurisdictions regarding what the compulsory policy must cover, the minimum regulatory […]
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The Board of Directors is pleased to announce the appointment of Ms. Tatiana Akl as the next Chief Executive Officer of Associated Alliance Inc. In alignment with this decision, the Board has resolved that a structured handing-over period will start on 1 November 2025 and will extend for a duration of 9 to 12 months. […]
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Mental Health: A Real Priority In The GulfLife in the Gulf has become incredibly dynamic and full of progress. Back-to-back meetings, long hours at work, and endless deadlines, just to name a few. It hits everyone I know, turning what we once brushed off as “just stress” into something that messes with your health, your […]
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“Art is not what we see, but what we make others see,” wrote Edgar Degas. That quote reminds us that art speaks differently to each person, across all ages. A child’s sketch, a treasured family painting, or a contemporary installation in a museum, each carries a story worth protecting.This is where my two worlds meet: […]
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The Insurance Brokerage industry is navigating a transformative period, marked by regulatory complexity and evolving clients’ expectations. As Internal Audit Manager in Associated Alliance Incorporated (AAI), my role isn’t just about compliance, but rather about enabling strategic resilience. In this article, you will explore why internal audit expertise is a must for every company to […]
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The Middle East & GCC insurance market demonstrated remarkable resilience and solid expansion throughout 2024, fueled by a combination of economic diversification initiatives, sustained population growth, and the strategic expansion of mandatory insurance schemes. The region’s total premiums, encompassing both life and non-life segments, are estimated to have achieved a substantial 8.7% growth in 2024, […]
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In view of the speculations surrounding most of the industries, including ours, I decided to write this article to shed light on the future of the insurance brokerage business. Historically, the insurance brokerage industry has shown resilience compared to other industries. According to MarshBerry, a leading firm specialized in valuing insurance brokers and agents and […]
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