November 25, 2024
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CMA launches e-Tameen

The Capital Market Authority has introduced e-Tameen, a motor insurance price comparison platform that is smartphone enabled.

The move comes as step toward digital transformation in the insurance sector to contribute to serving the various segments of insurance customers and the community through providing various motor insurance options easily and with best offers. The policyholder needs to access the standard motor insurance policy available on the application to view rights and obligations.

The policyholder can log in to www.etameen.om to view the offers made by insurers and compare the prices and benefits and then select the appropriate offer after entering the required details and then move to payment page and issue the policy. The process can be easily completed in Arabic or English using e-payment by debit or credit card.

The purchase process can be completed in several steps and thereafter the policyholder can create a file in the system to revisit for renewal or modification or to buy a new policy after entering specific particulars such as ID number, car plate number, validity of vehicle’s license, type of required insurance (third party or comprehensive). Then the system will display all offers suitable for the request from all insurers available on the system to select from.

After selecting the suitable offer the system moves to detailed procedures to complete the purchase process such as entering the number of the driving license and particulars of the policyholder such ass address etc. required to complete the process, then displays all the details entered by the policyholder and total price for consent and confirmation, then moves to payment page and card’s details and the required security features such as the pass code or OTP to complete payment and issuance of the policy.

The system ensures all security properties including authentication, integrity and confidentiality.

Thereafter the vehicle details are synchronised with Royal Oman Police  traffic and civil status systems so as the vehicle’s owner can complete the renewal procedures and issuance of registration license.

e-Tameen has been launched in line with the 2040 Oman Vision to accelerate the digital transformation towards a smart government.

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