Insurance Startups Insist on Market-Based Rules 

Insurance startups continue to insist that the Central Insurance company of Iran, the regulator, cannot set up a third-party company for handling affairs related to online insurance services.
In a meeting at the Iran Chamber of Commerce, Industries, Mining and Trade in Tehran, CEOs of startups, officials from the National Entrepreneurship Organization (NEO) and representatives from the Iran Fintech Association (IFA) discussed the controversial issue and the challenges it can and will create for innovative insurance platforms. 
Mohammad Reza Ravand, secretary general of NEO, criticized the CII for being oblivious to the valid concerns of startups, saying that this was against the Economy Ministry's support for innovators.