Al Sagr Cooperative Insurance Company (8180.SR) SAU

Currency In SAR

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Al Sagr Cooperative Insurance Company

Address

Abdul Rahman Al Turki Building

Dammam, Eastern Province

Saudi Arabia

Phone

966 13 8302294

Sector

Financial Services

Industry

Insurance - Diversified

Employees

70

First IPO Date

March 03, 2010

Key Executives

NameTitlePayYear Born
Dalal Abdullah BurhanChief Executive Officer0N/A
Imad Mahdi Mohammed AwaniChief Internal Audit Executive0N/A
Masoud Ahmed BhattiChief Financial Officer0N/A
Mazen bin Abdullah Al-FarisHead of Executive Compliance Department0N/A
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Description

Operating in both the Kingdom of Saudi Arabia and Singapore, Al Sagr Cooperative Insurance Company provides an extensive array of insurance products and services. The company's business activities are categorized into Medical, Motor, Property and Casualty, and Protection and Savings divisions. Its product portfolio includes coverage for fire and associated risks, comprehensive property damage, and business interruption. Marine insurance solutions, covering both cargo and vessel hulls, are also available. Furthermore, Al Sagr offers specialized engineering policies, such as contractor's all risks, erection all risks, plant and machinery for contractors, machinery breakdown (including loss of profit due to breakdown), boiler and pressure vessel insurance, deterioration of stock, and electronics equipment protection. The company also provides various liability coverages, including workmen's compensation, employer liability, public liability, and professional indemnity. Energy sector clients can benefit from onshore and offshore insurance products. Personal and general insurance offerings feature medical, travel, motor, and medical malpractice policies. Additionally, a range of miscellaneous insurance options includes personal accident, money, fidelity guarantee, and burglary coverage. Al Sagr Cooperative Insurance Company was founded in 1983 and is headquartered in Dammam, Saudi Arabia.

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