Launch of Smart Phone Application for the Capital Market and Insurance Sectors

18 November 2013

Capital Market Authority launched smart phone applications for the capital market and insurance sectors in the Sultanate which was on the margin of the Oman Traffic Safety Expo 2013 held in Oman International Exhibition Center. This step comes in line with the information technology and communications revolution, and as an activation of CMA’s role in spreading insurance awareness and traffic safety regulations stated in the Unified Vehicle Insurance Policy, as well as its role in spreading savings and investment awareness. This initiative comes within the current wide use of smart phones and their markets by the various segments of the society with its mixed age groups.

 

The CMA application is uploaded on Google Play, so the Android smart phone users may install it for free. The number of installation during the days of the Oman Traffic Safety Expo reached 1043 times. The work is still in progress for uploading the application for Apple users in order to expand its use among various smart phone channels. The application consists of awareness subjects related to CMA, the nature of its regulatory work towards the capital market and insurance sectors, a comprehensive file on the Unified Vehicle Insurance Policy, a record of the vehicle insurance prices, besides subjects concerning interested people dealing with the securities and insurance sectors.