About Insurance Authority
The Insurance Authority (IA), the insurance regulator of the Kingdom of Saudi Arabia was established by royal decree No. 85 dated 28/01/1445 H.
IA has a clear mandate to become the dedicated regulator for the Kingdom’s insurance sector.The IA aims to regulate, supervise and control the insurance sector in the Kingdom in a way that supports and enhances its effectiveness, works to develop insurance awareness, protect the rights of the insured and beneficiaries, stabilize the insurance sector, contribute to financial stability, promote and develop the insurance sector, and work to consolidate the principles and pillars of the insurance contractual relationship.
