The Saudi Central Bank (SAMA) has recently launched a training program in the field of loss adjustment (CILA Diploma), in cooperation with the Financial Academy in Riyadh. The program is designed for Saudi employees working in the insurance sector in a bid to national cadres as part of the financial sector development program (FSDP) under Saudi Vision 2030. The program, which lasts for 10 months, aims at improving professional competence of the Saudi male and female staff in the insurance sector by focusing on essential principles of insurance and settlement, claim handling, and principles of professional practice. Trainees who pass the program will receive a diploma in loss adjustment (CILA Diploma), which is approved by the Chartered Institute of Loss Adjusters (CILA).
