JIF Objectives

 
 

The regulation of Jordan Insurance Federation No. (107) of 2008 defined its objectives as follows: 

The Federation aims to safeguard the interests of its members and strengthen cooperation and coordination between them, in order to elevate the insurance sector through the following duties and powers:

  • Maintaining cooperation and coordination with Insurance Directorate of Jordan and other related parties in insurance sector on the local, regional and international
  • Increasing awareness about insurance among the citizens.
  • Holding professional insurance seminars, conferences and training courses aimed at promoting the insurance business.
  • Conducting studies, researches and preparing statistics related to the insurance business.
  • Participating in and cooperating with the Insurance Directorate in establishing a specialized insurance institute.
  • Issuing brochures, fliers, publications, newsletters and periodicals related to different insurance activities.
  • Settling financial debts among its members through clearing procedures.
  • Supporting technical cooperation among its members by contributing to the exchange of information and experience between them and with the Federation, in addition to setting up a mechanism to facilitate this exchange.
  • Setting up insurance and reinsurance pools, subject to the approval of the Insurance Administration.
Signing agreements to achieve insurance sector’s objectives, with the official authorities and parties related to the insurance sector