Middle East: GAIF aims to raise technical standards

Source: Middle East Insurance Review | Dec 2019

The General Arab Insurance Federation (GAIF) is working on improving technical standards among its members, according to Mr Chakib Abouzaid, the secretary general of the organisation.

The work will be achieved through GAIF’s technical department and committees, as well as associations, he told the newspaper Hapi.

He said GAIF has accomplished much in the past, especially in increasing interaction among Arab insurers. An important example of its work is the Orange Card Interconnection Project, which was implemented two years ago. This international motor insurance system provides third party liability cover for private cars passing through Arab countries. The compensation under this coverage is in accordance with the law of the country where the motor accident occurs.

Another area of work which GAIF is involved in is the restructuring of communication between the federation and its members and the public, said Mr Abouzaid. Modes of communication now include weekly bulletins, a periodical magazine and the use of social media. M

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