The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (8030.SR) SAU

Currency In SAR

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The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

Address

Futuro Tower

Riyadh, Riyadh Province 11451

Saudi Arabia

Phone

966 11 405 5550

Sector

Financial Services

Industry

Insurance - Diversified

Employees

748

First IPO Date

March 04, 2010

Key Executives

NameTitlePayYear Born
Umar Abdul Rahman Al MahmoudChief Executive Officer0N/A
Abdullah Mashari Al QubailyActing Chief Sales Officer0N/A
Amro TawfiqGM of Risk Management & Acting Compliance GM0N/A
Bandar Hussein Al-MomenChief Information Officer0N/A
Nasser Salman Nasser Al-SuhaimChief Commercial Officer0N/A
Omar Al AmmaryChief Human Resources & Administration Affairs Officer0N/A
Omar Al-MahmoudExecutive Vice President0N/A
Saleh Ali AlsugairGeneral Manager of Legal & Governance Affairs and Board Secretary0N/A
Usama Al HamoudChief Information Technology Officer0N/A
Georgi MarkovChief Financial Officer0N/A
Suhail HayyanChief Investment Officer0N/A
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Description

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company, often referred to as MedGulf, operates within the Kingdom of Saudi Arabia, providing an extensive array of insurance and reinsurance products and associated services. Its core offerings include fundamental coverages such as third-party liability and comprehensive plans for motor vehicles, as well as group health insurance schemes. Beyond these, MedGulf delivers a broad spectrum of specialized policies, encompassing protection and savings, travel, property, and various engineering-related insurances like contractors' all risks, machinery breakdown, stock deterioration, contractors' equipment, and erection all risks. Further provisions extend to electronic device coverage, aviation and air transport, money, comprehensive bank, fidelity, personal accident, professional and product liability, workers' compensation and employer liability, alongside marine cargo and marine hull policies. Founded in 2006, the company's main headquarters are situated in Riyadh, Saudi Arabia.

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