UAE Insurance Intermediaries to be regulated

Gordon Robertson Insurance Leave a Comment

There has been a lot of articles about the new regulations regarding products, but nothing about the proposed regulation of intermediaries. It has currently only been issued on the Circular 22, however if no objection the consultation period will end May 12. It is expected that this will be quickly be adopted with an implementation period of two years. I …

Documenting Change

Gordon Robertson Insurance Leave a Comment

It has been described as a ‘game changer’ by some, but whatever the terminology, the changes being introduced by the UAE Insurance Authority will impact on advisers and providers in equal measure, as Gary Robinson has found out by speaking to those affected. Following an announcement on April 25, the United Arab Emirates Insurance Authority issued its regulations package, which …

The IFA industry in the UAE is not prepared for this 2017 shock

Gordon Robertson Insurance, Investment Leave a Comment

We have read articles about the coming changes proposed by the Insurance Authorities on insurance backed savings and investment products. Most of the articles I have read have only  covered a few points and as such have been incomplete. I have put together a very informative article which covers the most  important points  relating to the new proposals: These proposals …

Do you know what fees you are paying with your advisor?

Gordon Robertson Insurance Leave a Comment

The UAE is currently is about to implement changes to the way investors who invest through an insurance product is charged and how the advisor is compensated. These changes are long overdue, I have reviewed the Circular 33 and see that the massive changes will only benefit clients. However, I still believe the fees are still too high. The fees …