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This blog explores how the rise of extreme weather in the MENA region—highlighted by the UAE floods in April 2024—is exposing the risks of being underinsured. It explains how business interruption insurance and strategic risk management can help companies recover faster, reduce long-term losses, and build resilience against future climate-related disruptionsExtreme Weather and Insurance: How to Make Sure Your Business is Properly Protected

AI risks: what directors and officers need to know

All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. 

To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. 

To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place.

Balancing Cost with Employee Needs - Building a Sustainable Benefits Strategy

Discover how UAE businesses can balance rising healthcare costs with employee needs by leveraging smart benefits strategies, wellbeing programs, and education to retain top talent.Discover how UAE businesses can balance rising healthcare costs with employee needs by leveraging smart benefits strategies, wellbeing programs, and education to retain top talent.

Lockton launches Professional and Executive Risk, transforming its global financial lines business

Lockton, the world’s largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk. Lockton, the world’s largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk.
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