Times of Oman
Nov 25, 2015 LAST UPDATED AT 07:19 PM GMT
CMA gears up to create insurance awareness in Salalah
August 23, 2014 | 12:00 AM

Muscat: The Capital Market Authority (CMA) is gearing up to organise a comprehensive awareness programme on the insurance sector in Salala from August 25 to 28.

The events will commence on August 25 with the first awareness seminar at the Salalah Hilton under the auspices of Sheikh Salim Aufit Abdullah Al Shanfari, president of Dhofar Municipality. The topic of the seminar which targets employees of government institutions will be 'Importance of insurance for individuals and institutions'.

The second seminar will be organised at Oman Chamber of Commerce and Industry, Salalah branch under the auspices of Sheikh Abdullah Salim Mahad Al Rawas, chairman of Oman Chamber of Commerce and Industry, Salalah, which will be for businessmen and all members of the chamber.

A qualification programme will follow for the employees of the insurance sector in the Governorate of Dhofar to enhance their skills in the technical and administrative works which would have positive impact on the services provided to the customers. This two-day event will take place at the Salalah Garden Mall Hotel.

Means of security

Ahmed Ali Al Maamari, acting director (Insurance Supervision) said, "The programme is organised to instill the insurance culture in the community and to introduce the basic principles of insurance and legislative aspects governing the insurance business. We also attempt to confirm that dealing with insurance products is a means for security and reassurance on conducting any business or activity whether for individuals or businesses."

He further said that buying an insurance cover is essential for many activities.