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Saudi United Cooperative Insurance (8060)

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25.00 +1.42    +6.02%
08:19:00 - Closed. Currency in SAR ( Disclaimer )
Type:  Equity
Market:  Saudi Arabia
ISIN:  SA000A0MLUD8 
  • Volume: 9,492,018
  • Bid/Ask: 25.00 / 25.05
  • Day's Range: 23.36 - 25.70
Walaa 25.00 +1.42 +6.02%
IndustryInsurance
SectorFinancial
Employees

-

Equity Type

ORD

Walaa Cooperative Insurance Company provides cooperative insurance and reinsurance products and services in the Kingdom of Saudi Arabia. It offers various property insurance products, including property all risk, fire and specified perils property damage, home, and loss of profit/business interruption insurance; and engineering insurance products, such as erection and construction all-risk, and contractor’s plant and machinery/equipment insurance, as well as machinery breakdown insurance (MBD), loss of profit following MBD, and deterioration of stock following MBD. The company also provides motor insurance products, which include commercial and private motor comprehensive, and third party liability policies; marine insurance products, including marine cargo and hull insurance policies; medical insurance; and miscellaneous accidents insurance products, such as comprehensive general liability, professional indemnity, medical malpractice, directors and officers liability, privacy and network security cyber liability, fidelity guarantee, money, personal accident, workmen’s compensation and employers liability, travel, aviation hull, and public and product liability insurance. The company was formerly known as Saudi United Cooperative Insurance Company and changed its name to Walaa Cooperative Insurance Company in May 2017. Walaa Cooperative Insurance Company was founded in 2007 and is headquartered in Al-Khobar, the Kingdom of Saudi Arabia.

Top Executives

Name Age Since Title
Suleiman Bin Abdullah Hamad Al Qadi - 2016 Non-Executive Chairman of the Board
Khalid Abdul Rahman Al Rajhi 38 2016 Non-Executive Member of the Board
Abdullah Mohammed Al Othman - 2016 Non-Executive Vice Chairman of the Board
Wasef Salim Al Jabsheh 66 - Non-Executive Member of the Board
Walid Suhail Al Shoaibi 47 2016 Non-Executive Member of the Board
Solaiman Abdulaziz Al Twaijri - 2009 Independent Member of the Board
Johnson Varughese - 2013 Chief Executive Officer
Waleed Mohammed Abdullah Aljaafari - 2010 Independent Member of the Board
Wasef F. Minhas - - Vice President - Technical
Hassan Isam Kabbani - 2011 Independent Member of the Board
Saud Hashim - - Internal Auditor
G. Sridhar - - IT Manager
Phanindra Kumar Krishnaswamy - 2013 Chief Financial Officer
Badruddin Ali Wangde - - Reinsurance Manager
Saleh Diyab Saleh Al Enzi - - Regional Manager, Eastern
Abdullah H. Al Zorgi - - Regional Manager, Western
Salah M. Al Jaber - - Vice President - Sales and Marketing
Turki Al Buraik - - Administration, Human Resources and Public Relations Manager
Mannan Mehboob - - Underwriting Manager
Sasi Roopan - - Claims Manager, Non-Motor
Riyad Said Bakatheer - - Claims Manager, Motor
Anas Ibrahim H. Al Khehayez - - Compliance Manager
Abdulrahman Abdul Mohsin Balghunaim - 2016 Independent Member of the Board
Hatim Fahad Balghunaim - 2016 Independent Member of the Board
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