ReTech, a new online reinsurance broker in Saudi Arabia

ReTechReTech Reinsurance Brokers has been granted approval by the Saudi Arabian Central Bank (SAMA) to start providing pre-launch online reinsurance brokerage services.

While the company has spent all of 2023 raising market awareness of its future services based on insurtech innovations, brokerage operations are scheduled to begin in 2024.

ReTech Reinsurance is planning to extend its activities to the MENA zone in 2026.

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