IA confirms safety of insurance sector systems in Saudi Arabia

20/07/2024 Argaam
Logo ofInsurance Authority (IA)

Logo of Insurance Authority (IA)


The Insurance Authority (IA) confirmed the safety of its systems and those of the insurance sector in Saudi Arabia, noting that they were unaffected by the global technical malfunction that impacted many entities worldwide. The safety of these systems is backed by the robust digital infrastructure and strong protection systems in place in the Kingdom.

 

In a statement, IAsaid that the Saudi insurance sector applies the highest technical and operational standards in accordance with the best practices locally and internationally for its systems and those of the Saudi insurance sector, in addition to the technical systems linked with other entities.

 

IA underscores the importance of periodically developing and improving technical systems, enhancing them with the best technologies, and supporting protection and cybersecurity systems.

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