In the video shared by the Abu Dhabi Police, speeding cars are seen crashing into vehicles as traffic builds up unexpectedly
Dr Michael Bitzer, CEO of the National Health Insurance Company-Daman, has said that although the increased competition between insurance companies is a positive development, which can lead to better services, an immediate risk is the appearance of companies offering extremely low premiums in order to woo customers.
Speaking at a Press Conference in the capital yesterday, Dr Bitzer called for stronger regulation of the insurance sector, in order to secure a strong insurance market in the country.
"In the 1990s, the Saudi insurance market was destroyed by a lack of regulation. Now, as the UAE witnesses increased competition in the health insurance sector, it must have stronger regulators to regulate the market," said Dr Bitzer.
In the video shared by the Abu Dhabi Police, speeding cars are seen crashing into vehicles as traffic builds up unexpectedly
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A plea moved in court stated that no one is permitted to wear the official state institution outfit