Walaa Cooperative Insurance Company (8060.SR) SAU
Currency In SAR
- General
- Statistics
- Historical Data
- Profile
- Financials
Walaa Cooperative Insurance Company
Address
4513 Adh Dhahran Al Khubar Al Janubiyah
Al-Khobar, Eastern Province 34621-8615
Saudi Arabia
Phone
9200 01742
Website
Sector
Financial Services
Industry
Insurance - Diversified
Employees
1358
First IPO Date
March 03, 2010
Key Executives
| Name | Title | Pay | Year Born |
| Sukumara Prakash | CEO of Medical Insurance | 0 | N/A |
| Johnson Chandebla G. Varughese | Chief Executive Officer | 0 | 1963 |
| Abrar Alkaabi | Internal Audit Manager | 0 | N/A |
| Khalid Omran | Compliance & AML Manager | 0 | N/A |
| Syed Raza Haider | Appointed Actuary | 0 | 1980 |
| Turki Al-Buraik | Chief Operating Officer | 0 | N/A |
| Rogayah AlThawadi | Legal & Corporate Governance Manager | 0 | N/A |
| Wasif Farooq Minhas MSS-Mgt ACII | Chief General Insurance Officer | 0 | N/A |
| Turki Al Mulhem | Chief Motor Insurance Officer | 0 | N/A |
| Wail Alahmed | Chief Commercial Officer | 0 | N/A |
| Saif Abbasi | Chief Financial Officer | 0 | N/A |
Description
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; travel; medical marketplace; home; shop; SME medical; worker health; and saving and protection insurance products. It also provides property all risk, fire and specified perils property damage, home, and loss of profit/business interruption insurance; 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, as well as security and private protection, energy downstream, plastic card, fidelity guarantee, and trade credit insurance. The company was formerly known as Saudi United Cooperative Insurance Company and changed its name to Walaa Cooperative Insurance Company in May 2017. The company was incorporated in 2007 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.
