Further to the announcement of the Saudi Arabian Monetary Authority (SAMA) on 11/27/1438 AH corresponding to 08/19/2017 AD, which included preventing the Arab Shield Cooperative Insurance Company from accepting compulsory vehicle insurance subscribers, and thus preventing it from issuing or renewing any insurance policy on new vehicles as of the date of 28 / 11/1438 AH corresponding to 08/20/2017 AD. SAMA announces that it has decided to allow the Arabian Shield Cooperative Insurance Company to accept new subscribers in compulsory vehicle insurance, thus allowing it to issue and renew compulsory vehicle insurance documents as of Thursday 3/12/1439 AH corresponding to 11/30/2017 AD.

                The decision follows the company addressing SAMA's observations and its commitment to the standards and requirements that guarantee the rights of consumer and beneficiaries of insurance coverage and without prejudice to pricing by the continuous development of the internal audit system, compliance management and the company's internal control procedures. It affirmed its commitment to continuing to implement the corrective actions 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, and in the event that the company does not respond; Submit a complaint to the Consumer Protection Department through the website WWW.SAMA.GOV.SA or by calling the toll-free number 8001256666.