Saudi Arabia: Kingdom launches camel transport insurance policy
Source: Middle East Insurance Review | Jun 2022
The Saudi Camel Club has launched an insurance policy covering the transportation of camels inside the country.
The insurance coverage is to protect the owners of camels against the risks faced during the various stages of moving camels from one place to another. The policy covers the transportation of camels against full or partial loss as well as related costs.
An insurance platform allows owners to subscribe to insurance for their camels remotely, and then receive an insurance policy online.
At a later stage, the scope of the insurance policy would be expanded to cover diseases that affect camels as well as comprehensive insurance related to camels.
The Saudi Camel Club has installed an electronic platform called Wathhaha that records data related to camels, such as the breed and the DNA of individual camels. Each camel has a microchip implant to keep track of the animal and its owners. Identification records are also maintained for each camel. M