The Saudi capital, Riyadh, is turning into a global destination and a center of gravity for the insurance industry, as it prepares to host the International Insurance Conference and Exhibition (ingate), which will witness broad Arab and international participation, the largest of its kind in the region. This global event will be held under the patronage of the Saudi Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, during the period from 10 to 12 November, to consolidate the Kingdom’s position as a leading and pivotal center in the regional and global financial sector, and a leader of dialogue about the future of the industry.
The conference, organized by the Saudi Insurance Authority, is an exceptional international forum that brings together under one roof an elite group of leading minds, decision-makers and experts in the global insurance sector representing more than 150 local and international entities, including major global insurance and reinsurance companies from various continents, searching for promising opportunities, in addition to the pioneers of innovation and technology who are leading the digital transformation in the sector. The conference’s activities will be enriched by more than 100 speakers from different countries of the world, who will share their visions and experiences. In more than 40 dialogue sessions and specialized workshops, to exchange advanced knowledge.
To enhance its role in drawing a clear road map for the future of this vital industry, in line with the goals of Saudi Vision 2030, and integrated with other national priorities, the conference discusses four basic axes: First: Reimagining regulatory regulation: enhancing trust as a new global financial value, Second: Capital financing outlets: insurance, the most promising investment destination, Third: Smart transformation in insurance: and reinventing the future of protection, and Fourth: Humans and Planet: The future of insurance through human capital development, financial inclusion. And sustainability principles.
“ingate” aims to be more than just a conference, but rather a vital platform for expanding the scope of effective international cooperation and building bridges between markets, as this broad gathering provides a unique opportunity for participants from the Arab region to communicate directly with their counterparts from the leading global markets in Europe, Asia and the Americas. The discussions will focus on anticipating the future prospects of insurance, discussing common challenges such as cyber risks and the effects of climate change, and exploring innovative solutions that can contribute to enhancing the resilience of economies and supporting their financial stability.
This great diversity of participants ensures a comprehensive and in-depth dialogue covering all aspects of the industry, from regulatory frameworks to technical transformations and developing human competencies, which contributes to opening new horizons for sustainable economic growth.
The exhibition accompanying the conference is expected to attract more than 7,000 visitors over three days, and will form the beating heart of displaying innovation and technical solutions for local companies, and a platform for local and Arab companies to display their innovative services and products to a global audience of potential investors and partners. The exhibition will also be a window for international participants to see the huge investment opportunities in the Saudi market and regional markets.
Riyadh’s hosting of this global event with such broad participation not only reflects the growing international confidence in the Kingdom of Saudi Arabia’s economy and investment environment, but also confirms its pivotal role in leading the global economic dialogue, opening new horizons for growth, and building a safer and more prosperous future for the region and the entire world.
