CBB executive director of financial institutions supervision Abdul Rahman Al Baker said, "The introduction of insurance
aggregator rules is a first step for the CBB towards 'insurtech', a technology led transformation of the insurance sector which is rapidly gathering momentum globally."
Abdul Rahman Al Baker, executive director of financial institutions supervision, said: "The introduction of insurance
aggregator rules is a first step for the CBB towards 'Insuretech', a technology led transformation of the insurance sector which is rapidly gathering momentum globally.
What is clear from UMP's growing e-book collection, many titles include digital enhancements such as zoomable online images or embedded audio and video, content not every
aggregator would find easy to accommodate.
The CBE defined the technical payment
aggregator as those companies that have financial solvency and provide technological services to their subsidiaries on behalf of the bank through electronic distribution channels, including the provision of electronic collection services for invoices or the services provided.
Abdulrahman Al-Baker, Executive Director of Financial Institutions Supervision, said: "the introduction of insurance
aggregator rules is a first step for the CBB towards "Insuretech", a technology led transformation of the insurance sector which is rapidly gathering momentum globally, especially due to demands from millennials.
Under Circular Letter 2018-51 issued on Monday, an insurance Web
aggregator is an Internet-based platform that accumulates and provides insurance-policy quotations from various insurance companies based on a predetermined set of needs specified by the prospective client from which it can choose from.
--Bayview, a non-bank
aggregator involved in RPL activities;
And can my body and mind succeed in taking the strain of travelling in public transport or will I take the service of online cab
aggregator that are bound to multiply their scheduled fare by several times on the pretext of rainfall?
Indeed, I wouldn't be surprised if, within the next decade, the UAE mirrors other markets with the majority of insurance transactions taking place through
aggregators. In more developed markets, where
aggregators account for around 70 per cent of insurance sales, we'd expect the
aggregator to be the most common sales channel for Middle East insurers by 2022.
It's a decent stab at an all-in-one news
aggregator, bringing simplicity to an interface that could easily have been burdened with too many options.