UCA obtains IA approval on new product

21/04/2024 Argaam
Logo ofUnited Cooperative Assurance Co. (UCA)

Logo of United Cooperative Assurance Co. (UCA) 

United Cooperative Assurance Co. (UCA) received today, April 21, the final approval of the Insurance Authority (IA) on a medical malpractice insurance product.

 

The approval will allow UCA to sell its product to individual clients in Saudi Arabia, according to a statement to Tadawul.

 

The impact of selling the new product will appear in the company’s 2024 financials, the statement added.

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