Morocco: Insurance regulator to boost insurance inclusion

Source: Middle East Insurance Review | Oct 2024

The Insurance and Social Security Supervisory Authority (ACAPS) will launch the ‘Emergence Programme’ to promote innovation and strengthen insurance inclusion with a roadshow in December 2024.

The scheme will be rolled out in several phases with the aim of identifying the challenges in the insurance sector that could be addressed by innovation and digitalisation on the different links in the value chain (product, underwriting, distribution and claims management).

The initiative, led by the Innovation and InsurTech unit, aims to develop innovative solutions that meet the new needs of Moroccan citizens as well as a favourable framework for innovation and synergy, according to local media reports. M

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