Concept preview prepared by Cortix for Pearl Insurance Brokers Co. LLC · not the live website · pibco.aeConcept preview by Cortix · not the live site
Sixteen layers the programmeDepth since 1961Network 100 countriesChallenge us tenderReach Dubai · Abu Dhabi
Pearl Insurance Brokers · Dubai & Abu Dhabi · since 1997

A pearl is what you build around a risk.

Corporate insurance programmes designed, tendered and placed with A-rated security. The top three national insurers, Lloyd's discipline, a network in a hundred countries, and no cost to the client.Corporate programmes designed and tendered since 1997. A-rated security, Lloyd's discipline, no cost to the client.

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1997Established, Dubai
16Lines placed
100Countries via GBN
AED 0Cost to the client
Sixteen layers

An oyster answers a grain of sand with nacre. We answer risk with a programme.

Scroll and the layers build. Every one is a line Pearl Insurance Brokers places for corporate clients, grouped the way an underwriter reads a company: people, assets, movement, liability, projects, credit.

0The grain · the risk
Underwater light rendered live · shader
Before the first layerLayer 0

The grain

Every programme starts with an irritant: the exposure a company cannot retain. Pearl's first job is to find it, measure it and decide how much of it should be transferred at all.

  • Risk evaluation and retention studyScope
  • Programme designScope
  • Market selection, A-rated securityScope
Layers 1 to 4People

People

The workforce is the first thing an underwriter prices and the first thing the Labour Law requires. Medical is mandatory; the rest is what separates an employer people stay with.

  • Medical expenses, personal and corporateMandatory
  • Group lifeBenefit
  • Personal accidentBenefit
  • Workmen's compensation / employer's liabilityLabour Law
Layers 5 to 8Assets

Assets

Buildings, plant, stock, cash in the safe and the honesty of the people who hold the keys. Insured at reinstatement value, not what the balance sheet says.

  • Property all risksCore
  • Machinery all risksCore
  • MoneyCore
  • Fidelity guaranteeCore
Layers 9 to 12Movement

Movement

Pearl's managing director ran a marine cargo and hull desk in Kuwait in 1961. Sixty-five years later the line is still the one this firm reads best.

  • Marine cargoTrade
  • Marine hullTrade
  • MotorFleet
  • TravelStaff
Layers 13 to 15Liability & projects

Liability and projects

What you owe others, what you promised the client, and the contract works that exist only until handover. The layers that need the wording read, not just the premium compared.

  • Public and third-party liabilityLiability
  • Professional indemnityLiability
  • Engineering: erection and construction all risksProject
Layer 16Credit

Credit

Receivables, political risk, sovereign risk, lender solutions. Pearl's trade-credit practice represents the major credit underwriters and turns open terms into a balance-sheet asset.

  • Trade credit insuranceReceivables
  • Political riskCountry
  • Lender solutionsStructured

Sixteen layers. One pearl. Tendered, placed, serviced, at no cost to the client.

Depth

Sixty-five years below the surface.

The Gulf's pearl divers went down forty metres on one breath. Pearl's managing director, Rajan Nireshwalia FCII, has been under the insurance market since 1961: a marine desk in Kuwait, ADNIC in Abu Dhabi, a Lloyd's broker in London, and an underwriting membership of Lloyd's itself. Scroll down through the career the firm is built on.

100Years, combined management
1961First marine desk
FCIIFellow, Chartered Insurance Institute
Lloyd'sFormer underwriting member
0mDepth
0 m · surface10 m20 m30 m40 m · pearl banks
  1. 1961Kuwait

    Manager, Marine Cargo & Hull, Kuwait Insurance Co.

    Fifteen years running the marine department of the Gulf's first national insurer. The line Pearl still reads best.

  2. 1977Abu Dhabi

    Deputy General Manager, ADNIC

    Abu Dhabi National Insurance Company, then Warba Insurance in Kuwait through 1986.

  3. 1986Kuwait

    General Manager & Partner, Al Mulla Consultancy

    Group insurance consultant to the Al Mulla Group; consultant and partner at Oriental Insurance Agency.

  4. 1987London

    Consultant to J. H. Minet & Co., Lloyd's brokers

    Nine years advising a Lloyd's broking house on Indian business, and a period as an underwriting member of Lloyd's.

  5. 1991Abu Dhabi

    Technical Consultant, ADNIC

    Back to the UAE market; Nireshwalia Insurance Services in Mumbai and Nireshwalia Insurance Consultancy in Abu Dhabi follow.

  6. 1997Dubai

    Executive Director, Pearl Insurance Brokers

    Pearl is established to design and tender corporate programmes. Twelve years building the book.

  7. 2009Dubai

    Chairman & Managing Director, Reliance Insurance Brokers

    Seven years leading a second UAE brokerage, and a seat on the Panel of International Experts at the Abu Dhabi Commercial Conciliation & Arbitration Centre.

  8. 2016Dubai

    Managing Director, Pearl Insurance Brokers

    Joins the Board and takes the firm's helm. Forty metres down, where the pearls are.

Network

One desk in Dubai. Five thousand professionals behind it.

Pearl is a member of the Global Broker Network, independent brokers in more than a hundred countries. A programme placed here can be serviced where your cargo lands, your subsidiary trades or your reinsurer sits. Drag the globe.

  • 100+Countries with a GBN partner broker
  • 5,000Insurance professionals in the network
  • 3Top national insurers in the UAE with standing relationships, plus the major national insurers in every GCC state
  • AMinimum security rating for placement
Global Broker NetworkMember · gbnworldwide.com
How Pearl works

We thrive on competition. Approach ours.

01 · Study

Design before price.

Risk exposures evaluated, retention optimised, the most advantageous transfer and financing method chosen for the company, not for the market.

02 · Tender

Leading, A-rated security.

The programme goes to the top three national insurers, the relevant GCC markets and, through GBN, to London and the specialist markets. Total transparency on every transaction.

03 · Stand behind it

Broking to Lloyd's discipline.

Broking and best-practice procedures modelled on the FSA and Lloyd's compliance, a published complaints procedure, and service standards recognisable anywhere in the international market.

"Approach our competitors. It is the only way our clients discover that minimal cost and maximum coverage, together, are the best in the industry."Pearl Insurance Brokers · scope of services

Challenge us

Put your programme to tender.

Choose the lines you hold, tell us what you pay and when it was last tested. The tender brief writes itself, with the markets Pearl would approach and the saving band a programme like yours usually returns.

Lines you hold
Tender brief

Eight lines, AED 850,000

AED 85k – 170kTypical annual saving band

    Indicative. Bands reflect what re-marketing a programme of this profile typically returns in the UAE when it has not been tested for the period shown; outcomes depend on claims history, wording and market cycle. Pearl's fee to the client is nil in every case.

    Lloyd's & FSA discipline

    Broking and best-practice procedures modelled on the FSA and the compliance standards of Lloyd's and the international market.

    Complaints procedure

    A published complaints-handling flowchart, and iPROMES, the DHA's official complaint system, for medical insurance.

    Read the procedure →
    A-rated security only

    Business is placed with leading, A-rated insurers and reinsurers; total transparency on every transaction.

    No cost to the client

    Insurers remunerate the broker. Pearl's advice, tender and claims service carry no fee for the client.

    Reach

    Dubai and Abu Dhabi. Then everywhere GBN is.

    Head office · Dubai#516, Sultan Business Centre

    Near Lamcy Plaza, Oud Metha · P.O. Box 31127, Dubai, UAE

    +971 4 269 3398
    Branch · Abu Dhabi#35, 16th floor, Al Yasat Tower

    Abu Dhabi, UAE

    +971 50 278 7466

    Concept form. Nothing is sent. On the live site this reaches the Pearl team in Dubai.

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