Oman hosts 34th GAIF regional conference: Arab insurance industry gears up for AI revolution

Oman hosts 34th GAIF regional conference: Arab insurance industry gears up for AI revolution

The thirty-fourth regional conference of the General Arab Insurance Federation is set to kick off tomorrow at the Oman Convention and Exhibition Center.

The post Oman hosts 34th GAIF regional conference: Arab insurance industry gears up for AI revolution appeared first on The Arabian Stories News.Muscat – Organized by the Omani Insurance Association in collaboration with the General Arab Insurance Federation, the biennial conference is a pivotal gathering for insurance policymakers, industry experts, and stakeholders from both Arab and international arenas. Over three days, participants will delve into various pressing topics, ranging from advancements in technology and digital transformation to risk management strategies and customer-centric approaches. With the overarching theme centred around harnessing the potential of artificial intelligence, discussions will revolve around how Arab insurance companies can leverage cutting-edge technologies to adapt to evolving market dynamics and gain a competitive edge. Mr. Nasser bin Salem Al Busaidi, Chairman of the Board of Directors of the Oman Insurance Association, emphasized the significance of investing in AI to bolster the sustainability of the Arab insurance industry and enhance its capacity to absorb risks effectively. In addition to thought-provoking sessions, the conference will facilitate networking opportunities through meetings and consultations between insurance companies and