Insurance Authority and Ministry of Culture Sign an MoU to Activate the Cultural Insurance Sector

هيئة التأمين ووزارة الثقافة توقعان مذكرة تفاهم لتفعيل قطاع التأمين الثقافي

The Insurance Authority signed an MoU with the Ministry of Culture to activate the cultural insurance sector and preserve cultural assets, aiming to achieve national targets in the culture and insurance sectors. Signing took place in Riyadh, represented by the Authority's Executive Director of Licensing and Approvals Abdulaziz bin Suleiman Al-Bishri and the Ministry's Acting Director General of Risk Management and Compliance Hossam bin Abdulaziz Al-Faiz. The MoU covers cooperation areas including studying the cultural sector's needs, developing insurance products for the cultural sector, and setting standards for evaluating cultural assets among insurance companies.

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