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The Palestine Capital Market Authority, the General Administration of the Palestinian Police, the Palestinian Insurance Federation, and the Palestinian Road Accident Victims Compensation Fund signed a document today, Tuesday, for the development of the electronic “Accident Report” system at the Capital Market Authority headquarters.

Those participating in the signing were Engineer Suleiman Al-Khatib, Director of Communications and Information Technology at the General Directorate of Palestinian Police, Ayman Al-Sabbah, Director of the Insurance Directorate at the Capital Market Authority, Mohammad Al-Rimawi, Chairman of the Palestinian Insurance Federation, and Abdel Latif Khammash, Acting General Manager of the Palestinian Road Accident Victims Compensation Fund.

The project aims to develop an electronic system for reporting road accidents in line with the government’s digital transformation agenda in providing services to citizens.

The signing of the document stems from a shared vision to protect the lives and properties of citizens in light of the increasing number of road accidents and the resulting losses and traffic congestion. It is intended to prevent the loss of important information about accidents, which is crucial in determining responsibility and estimating damages. This enables insurance companies and the Fund to deal with the accident based on technical foundations and avoid deception and forgery. Therefore, an agreement has been reached to develop the electronic “Accident Report” system for road accidents.

It is worth noting that the Capital Market Authority has sponsored dialogue between various stakeholders to reduce this phenomenon and address its consequences. These efforts have culminated in the agreement to develop the electronic “Accident Report” system among the main partners, represented by the Traffic Police Directorate, the Palestinian Insurance Federation, and the Palestinian Road Accident Victims Compensation Fund.

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