The Guidelines
Applicants wishing to engage in an insurance activity should review the following documents:
Insurance Laws and Regulations.
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Insurance Instructions and Rules.
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Circulars Issued to the Insurance Sector.
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Insurance Licensing Guidelines.
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Application Forms
IA emphasizes that all requirements stipulated in the guidelines must be fulfilled before filling out the correspondence application form with respect to the intended activity:
License Application Form for Insurance and Reinsurance Companies.
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License Application Form for Insurance Aggregators.
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License Application Form for Branches of Foreign Insurance and/or Reinsurance Companies in Saudi Arabia.
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License Application Form for Insurance Service Providers.
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Application Process
The applicant shall submit an application to IA using the License Request Form, complete with all information including prerequisite documents and files before submitting the application via email: (lic@ia.gov.sa).
If any changes occur to the given information by license applicant prior to IA's decision on the application, the license applicant shall notify IA as soon as possible.
Licensing Renewal Forms
Application Form for License Renewal Insurance and Reinsurance Companies.
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License Renewal Application Form for Insurance Service Providers.
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Other Request Forms
(Opening/Closing/Relocating) Branches/Point of Sales.
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Cessation of Insurance Activity Application Form.
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Application Form for Electronic Integration and Dealing With E-platforms.
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Constituents Questionnaire Form for Companies Working in the Insurance Sector.
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Amendment Form for the Articles of Association or Bylaws of Companies Engaged in Insurance Support Services
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Application Form for Signing the Agreement to Practice Bank Insurance Business.
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Application Form for Amending the Articles of Incorporation for Insurance Service Providers.
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Insurance agency companies request form for termination and contracting with insurance companies
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E-commerce Business Model and Product Listing on Digital Platforms.
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Qualification Request Form
Appendix
Draft Memorandum of Association for Insurance Service Providers
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Fit and Proper Forms
Nomination Form for Appointed Heads in the Financial Institutions to Public or Private Entities.
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Financial Reporting Forms
Insurance/ Reinsurance Companies Monthly Financial Reporting Forms.
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Financial Reporting Forms Guidelines.
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Risk Indicator Form Guidelines.
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Insurance/ Reinsurance Companies Quarterly and Annual Financial Reporting Forms.
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Insurance/ Reinsurance Companies Risk_Indicators Annual Form.
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Insurance/ Reinsurance Companies Risk Indicators Quarterly Form.
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Intermediaries Semi-Annual Financial Reporting Forms.
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Control Assessment Forms
Control Questionnaire for TPAs and Loss Adjusters.
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Control Questionnaire for Brokers.
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Control Questionnaire for Insurance Agents.
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Attribution models
Request form for assigning information technology and cybersecurity tasks
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