Sanad Insurance Cooperative Company (8090)

Sanad Cooperative Insurance Company provides insurance products and services to corporate and individual customers in the Kingdom of Saudi Arabia. It offers comprehensive and third party motor insurance products; health insurance, including group medical, group term protection, and medical malpractice insurance products; and property insurance, such as property all risk policy, fire and allied perils, fire and lightning, household, and business interruption insurance products. The company also provides casualty insurance products comprising public liability, public and products liability, workmen's compensation, and employer's liability insurance; marine insurance products consisting of marine cargo open cover, specific cargo marine, GAP XTRA, and inland transit insurance; and general accident insurance products, including personal accident, travel, money, fidelity guarantee, and plate glass insurance. In addition, it offers engineering insurance products, such as contractor’s all risks, erection all risks, contractor’s plant and machinery, electronic equipment, machinery breakdown, loss of profit following machinery breakdown, deterioration of stock, and boiler and pressure vessel insurance. The company was formerly known as Sanad Cooperative Insurance and Reinsurance Company and changed its name to Sanad Cooperative Insurance Company in 2015. Sanad Cooperative Insurance Company was incorporated in 2007 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.