Insurance Evolving Beyond Traditional Role, Says Moroccan Official

At the 12th Casablanca Insurance Meeting, Abderrahim Chaffai highlighted the sector's shift towards prevention and risk management.

Insurance Evolving Beyond Traditional Role, Says Moroccan Official

Image: ecoactu.ma

At the opening of the 12th Casablanca Insurance Meeting, Abderrahim Chaffai, the President of the Moroccan Insurance and Social Security Supervisory Authority (ACAPS), emphasized the growing importance of the event. He described it as a key reference framework for sector players, both in Morocco and internationally.

Chaffai stated that the insurance industry is increasingly moving beyond its traditional role of compensation. He argued it is evolving towards a more proactive function focused on prevention and comprehensive risk management. This shift is seen as essential for addressing modern challenges.

The official highlighted the sector's critical role in supporting national economic and social development strategies. He noted that insurance contributes to financial stability and facilitates investment by providing security for various projects and initiatives.

❓ Frequently Asked Questions

Who is Abderrahim Chaffai?

He is the President of the Moroccan Insurance and Social Security Supervisory Authority (ACAPS).

What is the Casablanca Insurance Meeting?

It is a major annual conference for the insurance sector in Morocco and a key international gathering for industry professionals.

How is the insurance industry changing?

According to industry leaders, it is shifting from a focus on post-event compensation to a greater emphasis on risk prevention and holistic management.

📰 Source:
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