Insurance Unit Demands Companies Adhere to Minimum Data Requirements in QR Codes on Mandatory Insurance Documents
The Insurance Regulation Unit called for adherence to minimum data requirements in the QR codes of mandatory insurance documents, warning of legal accountability.
Translated by Qiyas from الجريدة — Original source
The Insurance Regulation Unit has urged all entities under its supervision to strictly adhere to the minimum data requirements that must be included in the QR code on mandatory insurance documents.
It further emphasized that failure to comply with the provisions of this circular grants the Unit the right to hold violators accountable under the provisions of Law No. (125) of 2019 Concerning the Regulation of Insurance, its Executive Regulations, and their amendments, as well as the decisions and circulars issued by the Unit on this matter and any other relevant legislation, in order to take all necessary legal actions against them.
