In Financial Services
Protecting interests: Naji Al Tamimi, CEO, Insurance Authority, on supporting sector development and implementing new technologies
Interview: Naji Al Tamimi, CEO, Insurance Authority
What is the outlook for the Saudi insurance market, and what is the role of the Insurance Authority?
NAJI AL TAMIMI: The government’s commitment to the industry led to the creation of the Insurance Authority in August 2023. This shift in oversight from the Saudi Central Bank and the Council of Health Insurance to the new body is expected to allow for a more strategic focus on the sector. As the industry’s sole regulatory body, the authori…