Ministry of Economy launches Google Play app for mandatory vehicle insurance
Summarized and contextualized by DistantNews.
At a glance
- Libya's Ministry of Economy and Trade has launched an official mandatory vehicle insurance app on the Google Play Store.
- The app allows citizens to access insurance services via smartphones, verify policy authenticity with QR codes, and view saved policies.
- It aims to streamline procedures, enhance user experience, and improve verification and oversight for authorities, with over 193,000 e-insurance policies issued to date.
The Tripoli-based Libyan Ministry of Economy and Trade has introduced a new official application for mandatory vehicle insurance, now available on the Google Play Store. This digital initiative is presented as a significant step in advancing the insurance sector's digital transformation, offering citizens easy and secure access to services directly from their smartphones.
The application serves as a practical tool for policyholders, ensuring their insurance policy is always readily accessible. A key feature allows for the instant verification of an electronic policy's authenticity by scanning a QR code. This empowers policyholders to confirm that their document is officially registered and approved within the system, thereby reducing the risks associated with fraudulent or unauthorized documents.
Beyond policy verification, the app offers a suite of digital services designed to streamline processes and enhance user experience. Policyholders can view saved policies, calculate insurance premiums based on vehicle type and coverage duration, and receive timely alerts for upcoming policy expirations. For relevant authorities, the app facilitates direct verification of insurance policies, accelerating procedural completion and improving the efficiency of electronic monitoring and oversight.
The Ministry highlighted that this launch is part of an ongoing development of the mandatory vehicle insurance system, initiated by the Ministry and implemented by the Economic Information and Documentation Centre. To date, the system has issued over 193,000 active e-insurance policies, with 61,557 issued in the current month alone, a 15.9% increase compared to the previous month. This growth underscores the increasing demand for and reliance on the digital services provided.
Originally published by Libya Herald. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.