Company Profile
The Company for Cooperative Insurance is an insurance company in the Kingdom of Saudi Arabia. Its operations are structured into Medical, Medical Umrah, Motor, Property and Casualty, General Accidents, Travel and COVID-19, Protection and Savings, and Inherent Insurance Defects segments.
It offers mobility insurance, such as motor, SME motor, cross border own damage, mechanical breakdown, and luxury car insurance; and health Including My Family, a medical insurance program, SME health, Umrah insurance, visit visa insurance, domestic worker, parent's insurance, Takaful, Balsam, and premium residency
General insurance comprising property, home, engineering, aviation, energy, general accident, Hajj, travel, inherent defects, sports, and credit marine cargo and hull, medical malpractice, SME general, domestic worker contract, income protection, Tawuniya Dare, and civil liability. Additionally, it offers life insurance, retirement insurance, and education program for children.
Its portfolio also includes coverage of compulsory travel insurance in addition to some coverages related to COVID-19 for citizens travelling abroad, protection and savings, and roadside assistance, claim services, chronic disease management, request for eligibility letter, home children vaccination, and wellness and health services programs.
Incorporated in 1986 and headquartered in Riyadh, the Kingdom of Saudi Arabia, The Company for Cooperative Insurance was formerly known as National Company for Cooperative Insurance before rebranding in 2004.