Regulatory Alerts2011-10-03
Added · Updated
Unified Compulsory Insurance Office Instructions No. 6 of 2011 and Its Amendments
The Insurance Authority mandates that insurance companies issue compulsory motor vehicle liability policies exclusively through the Unified Compulsory Insurance Office, managed by the Jordanian Union of Insurance Companies, under a rotation system. The document prohibits companies from issuing these policies through other channels, exempting only tenders and fleets of ten or more vehicles, while requiring electronic data submission for all policies and accident claims. It establishes the Unified Office's exclusive role in collecting premiums, stamping documents, and maintaining accident databases at licensing circles and border crossings. The instructions repeal previous 2010 regulations and define the operational, financial, and supervisory framework for the Unified Office.