ACAPS-CMA Annual Joint Seminar for the MENA Region – Inclusive Insurance and Digitalisation
Event report:
The Autorité de Contrôle des Assurances et de la Prévoyance Sociale (ACAPS) of Morocco and the Omani Capital Markets Authority (CMA) organised a seminar on inclusive insurance and digitalisation. The event, brought together supervisors from the MENA region to discuss strategies and policies to promote inclusive insurance and accelerate the digital transformation of the insurance sector.
The seminar was an opportunity for the A2ii to present its work on financial inclusion and how we have been advancing access to insurance. A2ii also participated in panels alongside the IAIS on financial inclusion, digitalisation, and capacity building. The theme that transpired from the seminar was the important role that digitalisation is playing in the region for inclusive insurance. However, there are also growing risks for supervisors to consider, such as an increase in vulnerability and exposure to cyber risks. This is the second seminar organised jointly by the two supervisory bodies, as part of the implementation of the memorandum of understanding signed in 2022 by ACAPS and CMA to strengthen bilateral cooperation and information exchange in the insurance field.
Event announcement:
On the 25-26 October, the Supervisory Authority of Insurance and Social Welfare (ACAPS - Kingdom of Morocco) and the Capital Market Authority (CMA - Sultanate of Oman) are co-organising their second regional in-person seminar on “inclusive insurance and digitalisation”, in Rabat.
This regional event will be organised in partnership with the IAIS and A2ii, and It will be an opportunity for MENA supervisors to discuss various issues relevant to Inclusive Insurance and Digitalization. Insurance supervisors from the MENA region are encouraged to register for this event.
