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Insurance Regulator Plans to Launch Innovation Center

Insurance Regulator Plans to Launch Innovation Center
Insurance Regulator Plans to Launch Innovation Center

The Central Insurance Company of Iran is planning to establish an innovation center that will extend support to knowledge-based companies and startups active in the field of insurance.

Majid Behzadpour, the head of CII, made the announcement and said, " The Central Insurance Company of Iran needs to prepare the ground for the technological growth of the sector … Insurance companies and the regulatory body need to embrace technology," he was quoted as saying by CII's website during a meeting with officials from the Vice Presidency for Science and Technology.

The official called for closer ties with the Vice Presidential Office saying that the sector is dedicated to find new solutions to provide better services to the public.

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