Further to the announcement of the Saudi Arabian Monetary Authority (SAMA) dated 22/12/1438H corresponding to 13/09/2017, which included the suspension of the company’s activities in the insurance sector as of 22/12/1438H corresponding to 13/09/2017.

SAMA announces that it has decided to allow the company to resume practicing insurance brokerage activity as of 13/08/1439H corresponding to 29/04/2018. The decision came after the company has addressed all SAMA’s observations and complied to requirements and standards, which preserve customers’ rights and beneficiaries of insurance coverage with no prejudice to prices. The company confirmed its commitment to maintain the process of correction.

SAMA calls up on all insureds and beneficiaries of the insurance coverage to hold on to their rights and review the company in that. In case of no response from the company, SAMA encourages filing a complaint at the Consumer Protection Department through SAMACARES.SA or through the Toll free 8001256666.