The Saudi Arabia Insurance Authority and the Equestrian Authority have signed a memorandum of understanding to assess insurance needs and develop specialized products for equestrian activities. The agreement is intended to improve financial protection and risk management for horse owners and equestrian facilities. The authorities will analyze insurance gaps, enhance coverage for risks including personal accidents and public liability, and explore new products based on sector studies and international benchmarks. The agreement also provides for data sharing and institutional coordination between the two authorities.
2026-02-26Saudi Arabia Insurance Authority
Saudi Arabia Insurance Authority signs agreement to develop specialized equestrian insurance products
The Saudi Arabia Insurance Authority and the Equestrian Authority have agreed to assess coverage gaps and develop specialized insurance products for equestrian activities. The work will address risks including personal accidents and public liability while improving protection for horse owners and facilities.