13 October 2024
In accordance with the insurance product accreditation standards
established by the Authority, the Saudi Insurance Authority announces the
accreditation of an insurance product specifically designed for television and
film production, offered by Walaa Cooperative Insurance Company to group
customers. This product is identified by the number (F-WALA-1-C-24-096).
This step aligns with the Authority's commitment to promoting insurance
culture and raising awareness of the wide range of insurance products available
in the Kingdom. Furthermore, it reflects the Authority's role in supporting and
empowering the insurance sector, fostering innovation in insurance offerings,
and ensuring that these vital services are accessible to all segments of
society.
The Insurance Authority emphasizes the importance of verifying that all
products authorized by the Authority have an identification number. This number
must be present on all documents related to products sold in the Saudi market.