New Deal Places Insurance Sector on the Innovation Map

The Central Insurance company of Iran (CII) and the Vice Presidency for Science and Technology signed an agreement Monday to ease the entry of knowledge-based companies in the insurance sector.
The agreement was signed by Majid Behzadpour, the CII chief, and Sorena Sattari, Iran’s vice president for science and technology in Tehran.
Sattari said insurance is a growth industry despite restrictions and sanctions, "However, it was rather slow in adopting innovative technologies."