Riyadh - Mubasher: Najm for Insurance Services has signed a cooperation deal with Elm Company on the sidelines of the Money20/20 Middle East conference to enhance the quality of services provided to beneficiaries.
The two parties will join forces to establish a legal framework governing the mutual relationship in the areas of data exchange and technological services, according to a press release.
Under this agreement, the two companies will provide joint services for data processing, sharing, transfer, and exchange, as well as cooperate in the development and protection of digital systems.
The deal also covers regular consultations to explore ways to improve project execution, establish effective plans and procedures, and boost cooperation in areas of mutual interest.
Abdullah Abdulrahman Al Khalaf, Acting CEO of Najm, stated: “This step reinforces Najm’s efforts to expand the implementation of innovative digital solutions that ensure data protection and enhance operational efficiency, positively impacting the quality of services provided to customers and beneficiaries.”
He added: “This agreement represents an important step toward building an advanced and secure digital infrastructure for the insurance sector. We are confident that this collaboration will deliver added value to customers and support the objectives of Saudi Vision 2030.”
The “Money 20/20 Middle East” conference was held in Riyadh from 15 to 17 September and gathered leading figures from the financial and technology sectors locally and globally.
