Further to the announcement of the Saudi Arabian Monetary Authority (SAMA) on 12/23/1438 AH corresponding to 09/14/2017 AD, which included preventing the United Cooperative Insurance Company from accepting and renew mandatory vehicle insurance subscribers as of 12/24 / 1438 AH corresponding to 09/15/2017 AD.

SAMA announces that it has decided to allow the United Cooperative Insurance Company to accept new subscribers in compulsory vehicle insurance, thus allowing it to issue and renew compulsory vehicle insurance documents as of today, Thursday, 04/24/1439 AH corresponding to 01/11/2018.

This is after the company dealt with SAMA's observations and confirmed its commitment to the standards and requirements that guarantee the rights of customers and beneficiaries of insurance coverage and without prejudice to pricing through the continuous development of the internal audit system, compliance management and internal control procedures of the company. It affirmed its commitment to continue implementing the corrective measures based on the company.

SAMA calls on all the insured and the beneficiaries of the insurance to adhere to their rights at all times and to review the company in this regard. In the event that the company does not respond, SAMA hopes not to hesitate to file a complaint with the Clients Protection Department through the "Sama Cares" website on samacares.sa or by calling the toll-free number 8001256666.