Issues related to professional liability risk across the banking, engineering, medical and other sectors will be the focus of a forum, to be held in Bahrain, in October.

The Bahrain Insurance Association (BIA) and the General Arab Insurance Federation (Gaif) informed officials from leading professional societies in the kingdom about the Professional Liability Insurance Forum, at a meeting led by BIA chairman Younis Jamal, held at the Capital Club in Bahrain Financial Harbour.

The meeting highlighted the importance of professional liability insurance for all sectors.

The forum, to be held under the patronage of the Central Bank of Bahrain, will be on October 21 and 22 October, at the Ritz Carlton, Bahrain.

“The BIA is pleased to have the opportunity to address representatives from Bahrain’s leading businesses societies and associations. No matter the industry it is essential that professionals and organisations are effectively mitigating their professional risk. We had a very informative and interactive session with the socities in attendance," said Jamal.

"We not only brought them up to speed on the importance and objectives of the Forum we will be holding in October but came to better understand the current challenges and risks facing each of their industries from a professional occupational risk perspective. We are confident the Forum will offer them and their members solutions to these challenges in the forum of information on insurance products covering directors and officers liability, bankers blanket bonds, political risk, professional indemnity and medical malpractice,” he added.   

BIA will offer members of professional societies in a Bahrain with a special registration rate, the same rate ($500) that is offered to BIA members. - TradeArabia News Service