Are new PI Insurance restrictions on the credit charge cards for broker agents in Dubai?

According to a review on gulfnews.com, it seems that agent agents in Dubai are still very looking forward to the estimated change of the local regulations that control the perform of their enterprise. Issues were increased previously in the year when one major Dubai-based business ran into poverty around speculation that some of the organization's clientele had missing money.

In the viewpoint of one market commentator, if broker agents are to live up to the liability they have for their clients’ security, there has to be a large increase in the level of expert indemnity insurance coverage that they currently hold. Further, expert indemnity insurance restrictions should be set in line with the amount and the kind of enterprise that individual broker agent companies perform.