UAE – 5% growth in professional contracts
Tuesday, 03 20 2018, Category: Insurance and Reinsurance, Country: U.A.E
The demand for professional insurance against errors committed by engineers and consultants grew by 5% since the beginning of the current year compared to the same period last year.
Experts said that this growth is due to the projects related directly and indirectly to Expo 2020 such as engineering projects.
They confirmed that most middle-sized and large projects necessitate the expertise of consultants and engineers. Therefore, they need to insurance themselves against errors in design and work completion.
Source: Al Roeya - UAE