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5.4.1 Project Schedule: where it started the project launch on May 1 , 2016, after which work on several axes down the first draft of the report (1st draft) which has been provided by the technical advisor in the July 22, 2016 m, and then was presented a draft second report ( 2nd draft) on August 1 , 2016, which is presented to the attention of the Board at today 's meeting, is expected to reach the report to a draft of the third (3rd draft) and that will be the final on August 28 current;
5.4.2 a brief explanation (Executive summary): where comprised of diagnosis results achieved by the company and compare the factors surrounding the insurance market in Saudi Arabia, the springboard to a clear strategy of the company;
5.4.3 the company 's vision for the next five years;
5.4.4 translation of the company 's strategy to the five main themes, is the following:
5.4.4.1 focus on increasing profitability in all customer segments and increase growth;
5.4.4.2 develop the insurance branch on vehicles with a focus on the risks and alternatives available to choose;
5.4.4.3 reorganizing the organizational structure of the company and create a healthy working environment within the company;
5.4.4.4 development of technology and information technology within the company and to encourage innovation ;
5.4.4.5 rationalization of expenditure with the appropriate policies and procedures for financial management and risk management mode.
5.4.5 explanation of the work program during the years of the project;
5.4.6 Overview of the long - term financial impact of the project and its positive impact on the profitability and solvency of the company.
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