Economy
CMA To Update e-Link Between Insurance Firms & ROP

Muscat: The Capital Market Authority recently floated a tender for the operation and maintenance of the e-insurance systems. The electronic link system was launched in 2008 in order to conform to the strategy of digital transformation. The system links the insurance companies, Royal Oman Police, and insurance policyholders. The system allows the CMA to monitor and follow up the business of insurance companies to evaluate their performance conveniently by bring all documents under a single umbrella.
The system comprises software, operation licenses, linking devices, servers and provides an environment linking 15 insurance companies carrying out motor insurance business with policyholders and ROP for quality and improved service to policyholders and enhance the supervision process.
With this latest endeavour to update the system, the CMA aims to stay abreast of the latest technological advancements to enable insurance companies to incorporate and maintain a database of all pertinent information with respect to their clientele.
-
Banking & Finance1 week ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Renewables2 months ago
Jindal Renewables and OQ Alternative Energy Sign Joint Development Agreement to Advance Integrated Renewable Power Projects in Oman
-
Bahrain1 week ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, May 25
-
OER Magazines1 month ago
OER, May 2025
-
Leaders Speak2 months ago
OERLive SPOTLIGHT: Oman Sustainability Week 2025 and Oman Petroleum & Energy Show
-
Business2 months ago
St. Petersburg International Economic Forum 2025 unveils its Business Programme
-
Banking & Finance2 months ago
Alizz Islamic Bank Partners with Al Tawasul Institute for Specialised Training Programme to Empower Job Seekers with Hearing Impairments