Business and Organisations are exposed to various
physical and financial hazards. A professional
broker will help you understand this and help
advise possible measures to counter these impacts
with Risk Management services.
Insurance covers and policies evolve
continuously. A professional broker would help you
in getting access to upto date insurance products
and services.
In a competitive and sensitive market, the
quality of products and services are often
compromised. A professional broker will assist you
in getting the best available protection.
A professional broker can, should you so desire,
provide guidelines in establishing the right Sum
Insured, Values for insurance, Limit of indemnity
etc.
Globally, insurance regulatory authorities
(including Ministry of Economy in the UAE)
recognise the value added service provided by
Insurance brokers. Regulators and Insurers have
agreed that even in the event of a broker being
used as a intermediary, the premium remains
unchanged as opposed to directly dealing with an
Insurance company. Thus the services of a broker
comes without any additional cost to you.
A professional broker scrutinizes the policy
document to ensure its accuracy with regard to
cover, specification, extensions, etc. these could
prove to be very critical at some time.
Juelmin Insurance Services is licensed by the UAE
Ministry of Economy (M.O.E Reg. No. ). The Group
has been in the business of insurance since 1991.
As part of a leading trading group in the region
you are assured of continuity, financial stability
and integrity.
The minimum requirement under the UAE law is a
graduate or an insurance qualified person with a
minimum of 10 years exposure to head the
organization. Juelmin Insurance has far exceeded
this requirement. We employ the largest manpower
in the UAE. A look at the management profile would
reveal the quality of professionalism available.
The UAE Ministry of Economy requires an insurance
broker to have a professional indemnity cover up
to a minimum limit of AED 1,500,000/-. Juelmin
Insurance has a cover for a much higher limit. All
this to ensure that our clients have adequate
protection even in the unlikely event of a
professional error/ negligence on part of Juelmin
Insurance.
Your insurance policy is a fairly complicated
legal document and an understanding of the
insurance and legal complications in the fine
print of the policy is essential. A professional
broker can help you in this.
