Allied Insurance Company of Maldives, subsidiary of STO and the largest insurance company in the Maldives has introduced electronic insurance stickers for vehicles.
During the launching ceremony held at Iskandhar Koshi, the Deputy Commissioner of Police Ahmed Saudhi commented that this new service will facilitate ease of service for the community, most of which use a vehicle of one type or the other for daily travel needs. The new sticker will allow checking the validity of the insurance from anywhere easily and offers the option of no longer requiring a physical sticker to be on the vehicle indicating insurance.
Allied Insurance Company of Maldives is one of the largest financial institutes and the most prominent insurance brand contributing to the growth and development of the country. Allied has had tremendous growth over the past decades, both in terms of the volume and business profitability.