Currently at around AED64 billion, healthcare spending in the UAE is growing approximately 12.5% a year and is a major focus for the government. Key drivers include an increasing population, a greater prevalence of diseases like hypertension and diabetes linked to a sedentary lifestyle, a growing focus on preventative medicine, and demand for specialist services. The UAE is also emerging as a focus for regional health tourism.
All of this makes the UAE a highly attractive environment for healthcare providers, both local and foreign-owned. In particular, UAE-based healthcare providers stand to benefit from the early adoption of innovative medical technologies and procedures.
QBE has been providing cover to the healthcare sector for more than 20 years. We can help organisations right across the sector, from research and development firms to manufacturers, sales and distribution companies, hospitals and clinics.
We pride ourselves on our speed of response and our ability to structure products to suit your individual circumstances. Our expertise means we are able to take on larger and more complex risks, such as those associated with clinical trials, pharmaceutical products and medical malpractice.
In the event of a claim, our Claims team have the authority to make decisions, so they are able to respond to your needs quickly and efficiently. They take a proactive approach to controlling and mitigating an evolving claims situation to ensure that you are protected.
Finally, we offer the strength and financial security you would expect of a division of the QBE Group, one of the world’s leading insurers. We also benefit from QBE’s global network, which allows us to underwrite risks around the world.
Our Cyber policy protects against the range of risks associated with cyber breaches and provides critical support in the event of an attack.
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Our Directors’ and Officers’ cover protects your senior employees against claims resulting from actual or alleged failings in the carrying out of their duties.
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Our General Liability cover offers effective protection against claims for damage or injury brought by third parties.
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We offer comprehensive protection for damage to your organisation’s physical assets, as well as business interruption.
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