Bahrain – Privatization of traffic accidents is being studied
Wednesday, 11 30 2016, Category: Insurance and Reinsurance, Country: Bahrain
The President of the Bahrain Insurance Association – that regroups local insurance companies - Mr Yahya Noureddine said that the association is still conducting preliminary consultations on the privatization procedures for treating simple motor traffic accidents.
Mr. Noureddine said in a statement to the “Economic – Al Ayam” newspaper that the new traffic law allows the privatization of some of the sectors commissioned to the General Directorate of Traffic indicating that “there are joint committees between the General Directorate of Traffic and the Bahrain Insurance Association in order to coordinate this issue”.
The plan to privatize the supervision services of traffic accidents, which did not achieve progress for 8 years, will transfer the simple traffic accident procedures to specialized companies instead of the General Directorate of Traffic that is currently treating simple traffic accidents as well as accidents that involve injuries.
Source: Al Ayam