First self-driving car insurance launched in Saudi Arabia

To support innovation in the insurance sector, the Saudi Arabia Central Bank (SAMA) has approved the release of the first insurance product for self-driving cars.

The policy covers various risks associated with the use of such vehicles. The product is only allowed in approved areas dedicated to self-driving cars.

This is an important step in SAMA's endeavors to achieve the goals of the financial sector development program "Vision 2030".