Welcome to SHIELDS
We are a professional team of highly qualified insurance brokers based in the DIFC at your services. Our aim is to make sure you are well protected and that your insurance costs remain under control.
What we offer
LEGAL insurance requirements
Professional Indemnity, Workmen’s Compensation and Employer’s Liability.
The DFSA requires Professional Indemnity
cover before granting or renewing the regulatory license. Very few local insurers are able to provide adequate coverage for this
risk especially when you are a financial institution.
SHIELDS has access to local and international insurers to provide you with the adequate level of protection at the right price.
The DIFC requires from all employers based in the free zone to have Workmen’s Compensation and Employer’s liability
protection.
Shields will provide you with the right coverage no matter how many employees you have.
ADDITIONAL PROTECTIONS
Director and Officers liability, Cyber Risk, Property insurance, Travel Insurance, Kidnap and Ransom, Bankers Blanket, Political risks and terrorism, Trade Credit, Money Insurance and Fidelity.
Directors and Officer
D&O is an insurance that protects your Directors and Officers from legal actions brought against them for alleged wrongful acts. It usually covers the corporation as well as the personal liability of the directors and officers.
Cyber Risk
Cover your Business Interruption, costs to recover the data, impact on reputation, government fines and your liability following a Cyber Attack. Whether your activity is a financial institution, healthcare provider, government services or any other activities that makes you hold sensitive data, then you are at risk of Cyber Attack and ransomware. SHIELDS can provide you with an insurance policy that gives you access to 24/7 support line in case of emergency to help you mitigate your losses and pay the claim.
Property Insurance
Required as either landlord to protect your assets or for tenants covering your liability in the DIFC.
Kidnap and Randsom
K&R insurance is important for staffs that are travelling to high risk counties. The insurance would cover the costs of freeing safely the individuals and will handle the negotiations with the kidnapers.
Travel Insurance
is often required when your employees are abroad while your medical insurance is not covering them for accidents abroad. Travel Insurance is helpful if your employees are frequent travelers to countries that do not have appropriate medical services, in which case if a serious incident occurs, the Travel Insurer will evacuate the victim from that country.
Political risks and Terrorism
A commercial terrorism policy covers damaged or destroyed property—including buildings, equipment, furnishings and inventory. It will also cover losses associated with the interruption of your business. It may also cover liability claims against your business associated with a terrorist attack.
Trade Credit
Trade Credit insurance protects your accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy.
Money
Insurance covers the loss of money in transit, by the Insured or the Insured's authorized employee(s), occasioned by robbery, theft or any other fortuitous cause.
Fidelity Bond
insurance protects the policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.
Reliability
We always keep our promises
Expert consulting for your business
Our highly qualified team is happy to assist you with any needs you may have, in both Legal insurance requirements and Additional Protections.
Ahmed Rajab
CEO
ahmed.rajab@shields-re.com
Mobile : +971 52 102 52 19
Landline : +971 43330028