Introduction

Insurance is a way to face the risks that a person is exposed to in their entity or their money. Nowadays, insurance covers many aspects of our lives, including those related to human life in itself, such as health and life insurance, insurance against accidents, insurance against occupational diseases, and insurance against the risks of practicing the profession such as professions of medicine, engineering, law, accounting, etc., insurance for a third party, fixed property insurance such as homes and real estates, machinery and equipment insurance, factory insurance, and movable property insurance such as cars and pleasure boats, and insurance against theft, fire, and natural disasters.

Insurance has become an essential element in our lives, and its types become numerous, as its purposes are intertwined, so rarely do we find today an activity without insurance cover. The need for the services of an insurance consultant and an insurance lawyer has become more crucial than ever, mainly since the issues, disputes, and cases of which are now occupying an important part of the cases before the courts and arbitration centers.

The Insurance Authority in the United Arab Emirates regulates and supervises this sector by Federal Law No. 6 of 2007.