Other Specialties Insurance

UIB’s specialty lines team supports businesses with exposures that fall outside standard property, liability or motor categories: exporters extending credit terms, companies with staff or investments in higher-risk markets, manufacturers backing product warranties, and organisers running one-off events. Each of these starts as a conversation about the specific exposure rather than a standard fact-find.

For trade exposure, credit insurance protects against a buyer’s non-payment, whether that’s a domestic customer or an overseas importer, and cover is rated against buyer creditworthiness and payment terms rather than a flat industry rate. For businesses operating in or travelling to higher-risk regions, kidnap and ransom insurance in the UAE and political risk insurance are placed discreetly, often without the covered individuals themselves being aware of the policy’s details, which is standard practice in this market.

Manufacturers and contractors offering extended guarantees can find those commitments create a real balance sheet exposure if a defect surfaces years later; warranty insurance transfers that risk rather than leaving it self-funded. For one-off gatherings, event insurance in the UAE covers cancellation, liability and weather-related losses for a single date rather than requiring an annual policy.

Because these lines sit outside standard categories, exclusions vary significantly by policy, and we walk through them individually rather than assuming standard terms apply. A question we hear often: is a specialty line worth it for a single event or contract? Often yes, since the cost is usually small relative to the exposure it removes.