Saudi Arabia – Advanced system eliminates fake insurance
Saturday, 08 08 2015, Category: Insurance and Reinsurance, Country: Saudi Arabia
The Secretary General of the Council of Cooperative Health Insurance confirmed that all insurance companies numbering 25 moved successfully to the new advanced insurance policy management system except three companies only which did not comply with the executive guidelines to move from the old to the new system.
Mr. Mohamed Hussein told “Al Jazira” that the Secretariat of the Council will provide all the support and help to these three companies in order to move to the new system, indicating that the system will eliminate fake insurance.
Al Hussein clarified that the Council of Cooperative Health Insurance did not suspend indefinitely some insurance companies and it has not the power to do so. But the company stopped the old national network system in order to move to the new system.
Source: Al Jazirah