The Saudi Arabian Monetary Authority (SAMA) launched the ACII advanced insurance diploma program in its second version.

                The program extends for two and a half years and is implemented in two phases. It targets employees working in insurance companies, as the project aims to raise the efficiency of Saudi workers in the technical departments of the insurance sector by giving them the opportunity to obtain professional certificates in the field of insurance in order to train and qualify the employees of the financial sector. One of the initiatives of the Financial Sector Development Program within the Kingdom's Vision 2030.

                SAMA indicated in a statement that the total number of candidates by insurance companies reached 76 male and female candidates who met the conditions for admission to the final stage of screening. Male and female candidates were subjected to several stages of admission, in order to select 15 male and female candidates to join the fully supported program. SAMA indicated that after passing the program, the trainees will obtain an advanced diploma in insurance, ACII accredited by The Chartered Insurance Institute and provided by the Bahrain Institute for Banking and Financial Studies.

                It is noteworthy that the advanced insurance diploma program, in its first version, which was previously launched in late 2018, has now started its second phase, with 12 male and female candidates enrolled.