The Palestine Capital Market Authority announced that its delegation had completed a visit to Jordan to review the Jordanian insurance market’s experience, with particular focus on the electronic traffic accident reporting system known as E-Kroka. Led by Director General Buraq Nabulsi, the delegation included the authority’s team alongside representatives from the Palestinian police traffic administration and the Palestinian Federation of Insurance Companies, and held meetings with the Central Bank of Jordan, the Jordanian insurance federation and Public Security Directorate representatives. The visit included an expanded working session between Jordanian and Palestinian market participants covering the Jordanian insurance federation’s role, the services it provides to member insurers and its strategic projects, including electronic issuance, E-Kroka and electronic data exchange with official bodies such as the driver and vehicle licensing administration, the Ministry of Health and Jordan Customs. The Palestinian delegation also received a detailed briefing on the development and implementation of E-Kroka with the Public Security Directorate and on the results attributed to the system, including faster compensation procedures, improved accuracy in calculating compensation and technical provisions, and the creation of an integrated data set for underwriting, claims handling, market analysis and traffic studies.

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