About the company
The company's vision is to protect individuals and businesses from the risks they face in their daily lives by providing them with insurance products that meet their needs in the areas of property insurance, marine insurance, vehicle insurance, health insurance, general accident insurance, and engineering insurance. The company's strategy is based on applying the highest standards of quality and effectiveness in underwriting and claims processing to achieve sustainable returns and underwriting. The company's purposes are focused on conducting cooperative insurance business and all related activities such as reinsurance, agencies, representation, and correspondence, in accordance with the provisions of the Cooperative Insurance Companies Control System, its executive regulations, and the laws and rules in force in the Kingdom of Saudi Arabia. The company may undertake all necessary activities to achieve its objectives, whether in the field of insurance or investing its funds, and may own its fixed or liquid assets, manage, sell, exchange, or lend them directly or through companies it establishes or acquires or in partnership with other entities. The company may own, have an interest in, or participate in any way with entities engaged in similar activities, financial operations, or those that assist in achieving its purpose, or merge them into it or acquire them, and the company may carry out all mentioned activities both within and outside the Kingdom.
