Amman: A delegation from the Palestinian Capital Market Authority (PCMA) visited the Jordan Insurance Federation (JIF) on Wednesday to gain insights into the Jordanian experience in managing mandatory vehicle insurance and the operations of the Unified Insurance Office.
According to Jordan News Agency, the visit focused on the Jordanian model of compulsory insurance, which has been in place since 1987, and the strategic partnership between the Federation and the Central Bank of Jordan. This partnership serves as a regulatory framework to balance the interests of policyholders and insurance companies while enhancing the quality of services and updating sectoral legislation.
JIF representatives showcased their specialized training programs, including free training initiatives for member companies, and highlighted preparations for hosting the 35th General Conference of the Arab General Insurance Union (GAIF35). The major regional event is scheduled to take place at the Dead Sea from October 4 to 7, 2026.
During an expanded working meeting, the Federation presented its digital transformation achievements, specifically the "E-Croquis" system for electronic traffic accident reports. Developed in collaboration with the Public Security Directorate, this system has significantly accelerated compensation procedures, improved the accuracy of technical provisions, and provided a comprehensive database for market analysis and road safety studies.
The Palestinian delegation expressed high regard for Jordan's insurance infrastructure and voiced their desire to leverage Jordanian expertise in regulatory coordination, mandatory insurance management, and specialized professional training to further develop the Palestinian insurance sector.