Najm for Insurance Services has signed a cooperation agreement with Elm Company during the Money20/20 Middle East conference.
The agreement establishes a legal framework for collaboration between the two companies in data exchange and technological services, with the aim of improving the quality of services available to beneficiaries.
Under the agreement, both organisations will work together on data processing, sharing, transfer and exchange, and will cooperate on the development and protection of digital systems.
The arrangement also provides for regular consultations to identify ways to improve project implementation, establish effective procedures, and strengthen collaboration in areas of shared interest.
Commenting on the agreement, Abdullah Abdulrahman Al-Khalaf, Acting Chief Executive Officer of Najm, said:
“This step reinforces Najm’s efforts to expand the implementation of innovative digital solutions that ensure data protection and enhance operational efficiency, positively impacting the quality of services provided to customers and beneficiaries.”
He added:
“This agreement represents an important step towards building an advanced and secure digital infrastructure for the insurance sector. We are confident that this collaboration will deliver added value to customers and support the objectives of Saudi Vision 2030.”
Featured image credit: Najm
