Copart, Inc. (NASDAQ:CPRT) announced a new agreement between its subsidiary, Copart Muscat Auctions LLC, and Al Ahlia Insurance Co. SAOC, one of the largest insurance companies in the Sultanate of Oman and a part of the global RSA network. Both companies will work together to streamline the motor accident salvage sales process through operational efficiency and engagement with potential buyers, both regionally and globally.
The signing ceremony was attended by Mr. Lloyd East, MD – Al Ahlia Insurance and Regional CEO – RSA (Middle East), Mr. Richard Byford, Claims Director – Al Ahlia Insurance and Mr. Carlos Sabugueiro, CEO –
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