Sanctions on Iran - Insurers and brokers beware

Source: Middle East Insurance Review | May 2013

With international trade sanctions against Iran unlikely to be lifted soon, insurers and brokers should have procedures in place to ensure that they are not exposed because of the actions of their assureds, or because of the insurance they choose to write. Mr Daniel Martin of Holman Fenwick Willan recommends some steps for insurers and other companies in the Middle East.

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