Page 38 - Insurance Times December 2022

INTERVIEW

"Embracing modern

technology, NAJM has deftly

deployed powerful

technologies that positioned

it as the backbone of the

insurance sector."

Dr. Mohammad Al-Suliman
Najm CEO
Riyadh, Kingdom of Saudi Arabia

Our Resident Editor (MENA) Mr. S. G. Afzal Biya Bani interviewed Dr. Mohammad Al-Suliman (NAJM-CEO) in person at
SIS, Four Seasons Hotel, Kingdom Tower, Riyadh, Saudi Arabia.

Overview of NAJM
Najm for Insurance Services is a closed, unlisted joint stock company established in 1428 AH corresponding to 2007 as
the result of cooperation between the Saudi Central Bank (SAMA) and the General Department of Traffic with the
aim of promoting the vehicle insurance sector in the Kingdom of Saudi Arabia.
Najm started its business operations for vehicles insured in Saudi Arabia by providing a collection of services including
accident review, damage assessment, and insurance claims, adding the minor accident review in 2009.
Najm offers an integrated system of solutions and services for citizens, residents, and visitors across 40 Saudi cities
through a professional staff specialized in reviewing accidents and addressing consequent losses, damages, compen-
sations, claims, and other insurance-related services.
With the emergence of Saudi Vision 2030 and its ambitious targets, Najm reinforced its keenness to keep pace with
two of the Vision's key programs, thereby achieving a comprehensive digital transformation across all its services and
improving the quality of life in the Kingdom.
Over the past few years, Najm achieved a long list of accomplishments and received several prestigious international
awards. At the beginning of January 2021, Najm announced managing the 'Manafith' portfolio, which is specialized
in selling third-party liability insurance for non-Saudi vehicles entering and transiting through Saudi Arabia's land and
seaports, thereby cementing NAJM's position as an exemplary model for insurance services.

S.G. Afzal Biya Bani: How is NAJM for insurance Dr. Mohammad : Drawing on its strategic and operational
services painting a solid outlook for the Saudi expertise, Najm cements its position as a leading insurance
Motor Insurance sector? services provider for 24 insurance companies across 23

34 December 2022 The Insurance Times