Willis Saudi Arabia has lost important customers

Several air transport companies of the Gulf Cooperation Council (CCG) have suspended their agreements with Willis Saudi Arabia. This move comes as a result of the company’s temporary interruption of business, ordered by Saudi Monetary Authority (SAMA).

Failing to comply with regulatory requirements, Willis Saudi Arabia is no longer authorized to underwrite or renew insurance policies. This measure will be lifted as soon as Willis operations comply with the recommendations of the supervisory authority.