Insurance

Mission

Regulate and develop the Palestinian insurance sector.

Goals

Build an efficient and effective regulation of the insurance sector through:

Objectives

• Developing the legal framework governing the Palestinian Road Accident Victims Compensation Funds (PRAVCF), including guaranteeing the rights of the companies, the insured and beneficiaries.

• Ensuring that the insurance companies meet their obligations towards the insured and beneficiaries.

• Strengthening the legal basis for obligatory enforcement of disciplinary decisions.

• Providing support to develop all professions related to the insurance sector.

• Expanding the provision of insurance services to cover wider economic activity.