National Workshop Tackles Insurance Fraud in Dammam
By: TN Media News, Riyadh
Najm for Insurance Services held a workshop titled “Combating Insurance Fraud in the Motor Sector” on February 7th at the Dana Rayhaan Hotel in Dammam. The event was held under the patronage of the Insurance Authority and in partnership with the General Department of Traffic.
This workshop focused on raising awareness and discussing solutions to tackle insurance fraud in Saudi Arabia’s motor sector. Fraudulent practices have long impacted customers, service providers, and insurance companies. The event brought together experts and stakeholders to explore preventative strategies and technological tools that can protect the industry.
Key Discussion Topics
The workshop addressed several core issues facing the insurance sector, including:
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Identifying fraudulent claims and patterns
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Understanding the economic impact of insurance fraud
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Sharing best practices to detect and prevent fraud
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Strengthening partnerships among insurance companies, authorities, and service providers
A dynamic panel discussion explored real-life examples of fraud and the tools available to counter financial crimes in the insurance space.
Najm’s Broader Anti-Fraud Initiative
This Dammam workshop is part of a nationwide initiative by Najm to promote transparency and integrity in the insurance industry. Similar events are planned across Riyadh, Jeddah, and other cities. These efforts are part of Najm’s broader campaign to address fraud, improve industry credibility, and ensure customer protection.
Najm’s CEO, Mohammed Y. Al Shehri, reaffirmed the company’s dedication to protecting the motor insurance sector.
“Integrity and safety are fundamental to a thriving insurance system,” he said. “We are fully committed to enhancing trust and efficiency by eliminating fraud through modern tools and collaboration.”
Collaboration with the Insurance Authority
Representatives from the Insurance Authority also shared updates during the workshop. They stressed the importance of inter-agency coordination and emphasized the use of advanced fraud detection systems to safeguard the rights of policyholders.
The authority continues to develop smart solutions to support the industry and reduce fraudulent activities that affect insurance rates, service quality, and consumer confidence.
A Stronger, Safer Future for Insurance in Saudi Arabia
The Dammam workshop marks a pivotal step in uniting stakeholders in the Saudi insurance ecosystem. By fostering dialogue, knowledge sharing, and strategic action, Najm and its partners are building a more resilient and trustworthy motor insurance sector.
