By studying the technical bases of rating, claims and terms and conditions related to various types of insurance EIA can suggest standard insurance policies and submit them for approval by the competent authorities. This procedure is required for the establishment of the necessary prerequisites for granting special rates and discounts to the clients. In addition, it is based on technical considerations and the nature of the risk involved. Close analysis of the factors affecting the insurance market in the UAE and suggesting proper solutions to conduct studies prevents and minimizes losses in various insurance branches.
EIA prepares studies, statistics and issue publications about the local insurance market that are essential to plan a feasibility study for the establishment of insurance and reinsurance pools in the UAE, according to national insurance market requirements. The organisation also studies the needs of the insurance sector with respect to various types of insurance services and required expertise for its progress by working on improving the standard of knowledge of insurance and reinsurance community through seminars and similar institutes.
EIA is currently working towards establishing an institute designated to provide the necessary training for their insurance workers, which will in turn foster a communications division fully able to effectively enact agreements and regulations aimed at resolving problems and disputes between the members to the overall benefit of the industry.
To promote overall insurance awareness, EIA represents the Emirates insurance market in the Arab, regional and international meetings in coordination with the appropriate authorities.