Middle East: Insurance

The UAE insurance market operates within a relatively stable and structured legal framework. However, external developments affecting energy, logistics, and regional supply chains are increasingly influencing the nature, timing, and complexity of claims.

The question tends to arise at the worst possible moment, because a policy is usually only tested when the insured event is close at hand. The following case study, drawn from a matter concluded by MIO & Partners, illustrates how such a cancellation was challenged and what the outcome was.

As AI-generated artworks increasingly enter galleries, auctions, and private collections, traditional fine art insurers confront a fundamental challenge to their underwriting frameworks. Built on assumptions of human authorship, physical uniqueness, and clear provenance, existing insurance models are disrupted by AI-generated art's unique characteristics. The industry must now develop new approaches to address emerging risks around ownership, valuation, intellectual property liability, and technological dep