Company Profile
Walaa Cooperative Insurance Company provides cooperative insurance and reinsurance products and services in the Kingdom of Saudi Arabia. The company offers motor insurance products, which include commercial and private motor comprehensive, and third party liability policies.
Its portfolio also includes travel, medical marketplace, home, shop, SME medical, worker health, and saving and protection insurance products Property all risk, fire and specified perils property damage, home, and loss of profit/business interruption insurance.
Its portfolio also includes engineering insurance products, such as erection and construction all-risk, contractor's plant and machinery/equipment insurance, machinery breakdown insurance (MBD), loss of profit following MBD, and deterioration of stock following MBD, marine insurance products
Including marine cargo and hull insurance policies, medical insurance, and accident and liability insurance security and private protection, energy downstream, plastic card, fidelity guarantee, and trade credit insurance.
Walaa Cooperative Insurance Company was formerly known as Saudi United Cooperative Insurance Company and changed its name to Walaa Cooperative Insurance Company in May 2017. Incorporated in 2007, the company is headquartered in Al Khobar, the Kingdom of Saudi Arabia.