Rasan’s Subsidiary Signs Insurance Brokerage Agreement with SNB

Rasan Information Technology Company announced on Sunday that its subsidiary, Tameeni Electronic Insurance Broker Company, signed an agreement with the Saudi National Bank (SNB) to provide insurance brokerage services and comprehensive vehicle insurance for vehicles financed through the Bank.

The Company expects the agreement to have an impact exceeding 5% of Rasan’s total revenue, based on the latest audited annual financial statements