Two Saudi brokers granted insurance aggregator licenses

Saudi Central Bank (SAMA)Al-tizam for Electronic Insurance Brokers and Altheqa Insurance Brokers have been licensed by the Saudi Central Bank (SAMA) to operate as insurance aggregators in Saudi Arabia.

These new approvals bring the total number of insurance aggregators on the Saudi market to five.

This decision is part of SAMA's policy to develop the insurance sector and boost its financial efficiency.

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