Rasan Information Technology Co. Announces that its subsidiary, “Tameeni Electronic Insurance Broker” has obtained a No-Objection from the Insurance Authority to sell the insurance product for auto lease financing through its platforms
| Element List | Explanation |
|---|---|
| Announcement Detail | Rasan Information Technology Company announces that its owned subsidiary, “Tameeni Electronic Insurance Broker” had obtained on 19 August 2024, a No-Objection from the Insurance Authority for selling the comprehensive motor insurance for leased vehicles, which will enable Tameeni to deal directly with leasing financing clients through its platforms. |
In this regard, the company performed the required procedures to transfer the related services from the insurance brokers contracted with, to provide these services directly through Tameeni Platforms, which will contribute to increasing the operational efficiency, and the segment of customers wishing to obtain the service in addition to providing additional services to existing clients. And this will be effective from 29/08/2024.
It is expected that this change will have a positive impact on the company’s financial results of 2024.
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