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Saudi Arabia introduces third-party liability insurance for crowded events
The Saudi Insurance Authority, in collaboration with the General Directorate of Civil Defense, has launched a cooperative civil liability insurance policy for crowded places and high-risk activities. This policy aims to cover the civil liability of establishments for physical and material damages that may be incurred by visitors due to incidents, with the goal of protecting their rights and helping establishments bear the financial and operational burdens resulting from those incidents. The implementation of this insurance is mandated by a decision of the Council of Ministers and becomes a primary requirement for obtaining the Civil Defense license to carry out the covered activities. Compensation amounts vary depending on the type of activity and the level of risk, and the policy involves multiple stages across economic, commercial, recreational, and health sectors, aiming to support business sustainability and enhance the investment environment in the Kingdom in line with Saudi Arabia’s Vision 2030.
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