The Central Insurance company of Iran has ordered insurance companies to convert before the end of the week all personal auto policies into electronic format.
Gholamreza Soleimani, the CII chief, sent a notification to insurance companies obliging them to create the infrastructure by May 21, CII public relations office said.
As per the order, all insurance companies must transfer the process of sale, renewal, and issuance loss payments of personal auto policies to an online platform.
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