UAE – Unified contract introduces fair pricing
Monday, 06 18 2018, Category: Insurance and Reinsurance, Country: U.A.E
The unified motor insurance contract represents a major milestone in developing the performance of the local insurance market and the motor insurance sector as well as in protecting the rights of policyholders given that it adopted the best international practices.
Moreover, insurance sector experts told the “Economic Al Bayan” that after one year and a half of the implementation of the contract, the sector was able to maintain its fair pricing policy and protect the rights of policyholders.
Source: Al Bayan