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United Cooperative Assurance Co (8190)

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25.75 -0.15    -0.58%
07:57:00 - Closed. Currency in SAR ( Disclaimer )
Type:  Equity
Market:  Saudi Arabia
ISIN:  SA121053VV10 
  • Volume: 421,001
  • Bid/Ask: 25.70 / 25.75
  • Day's Range: 25.60 - 26.15
U C A 25.75 -0.15 -0.58%


Equity Type


United Cooperative Assurance Company provides cooperative insurance, reinsurance, and other related products in the Kingdom of Saudi Arabia. It operates through Medical, Motor, Energy and Engineering Insurance, and Other segments. The company offers insurance protection for the operation of aircraft and the risks involved in aviation; and energy insurance that provides coverage for a range of activities within the upstream and midstream sectors of the oil and gas industry. It also provides medical insurance; trade credit insurance; and engineering insurance products, including contractors all risks, contractors plant and machinery, deterioration of stock in cold storage, erection all risks, electronic equipment, loss of profit following machinery breakdown, and machinery breakdown insurance. In addition, the company offers general accident insurance products, such as fidelity guarantee, money, personal accident, product liability, professional indemnity, third party liability, and workmen compensation and employer’s liability insurance; and marine hull and cargo insurance products. Further, it offers motor insurance products comprising accidental loss or damage, and third party liability insurance; and property insurance products consisting of fire and special perils insurance for residential, commercial, and industrial properties; and material damage and business interruption all risks insurance products. United Cooperative Assurance Company was founded in 2008 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Top Executives

Name Age Since Title
Hassan Mohammed Shawkat Mahassini 78 - Non-Executive Chairman of the Board
Salman Salem Mohammed Bin Laden 34 2014 Vice Chairman of the Board
Mishaal Afif Karam 55 - Chief Executive Officer, Managing Director, Executive Member of the Board
Badr Bin Abdul Rahman Al Sayari - 2014 Independent Member of the Board
Sami Sadaka Sanadi - 2011 Independent Member of the Board
Tareq Hashim Al Nabulsi - 2015 Independent Member of the Board
Khalid Hussain Ali Rada - 2015 Independent Member of the Board
Mohammed Al Hathal - - Administration and Human Resources Director
Bader Mosaad Hmoud Al Harbi - - Branch Manager, Braidah
Talat Obaidallah Nafees Al Jabri - - Branch Manager, Khamis Mushait
Tawheed Hassouna - - Branch Manager, Khobar
Fahad Adil - - Branch Manager, Makkah
Daron Simonian - - Branch Manager, Riyadh
Abdul Aziz Khaled Mirdad - - Compliance Manager
Sami Nahat - - Corporate Manager
Tony Skaf - - Country Claim Manager
Mohammed E. Samah - - Finance Manager
Labib Assaf - - Technical Information Technology Manager
M Ahsanullah Khan - - Information Technology Manager
Richard Mansour - - Marketing Manager
Said S. Arab - - Retail Insurance Manager
Faker Khamis Rais - 2011 Chief Financial Officer
Ahmed Tariq Murad - 2018 Independent Member of the Board
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