Our Competitive Advantage
Board of Directors
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Our Competitive advantages
OUR COMPETITIVE ADVANTAGES
2017 Financial Results
The leading insurance company in Saudi Arabia with a market share of 23%.
The highest gross written premiums in the market of SR 8.4 billion.
The largest total assets in the insurance market exceeded SR 13.4 billion.
The highest paid-up capital of SR 1,250 million.
The biggest shareholders’ equity amounted to SR 2,213 million.
The highest total investment in the insurance market of SR 6 billion.
The highest investment income in the market amounted to SR 448 million.
The highest gross claims paid to clients amounted to SR 6.7 billion.
Having the highest insurance professional experience in Saudi Arabia that extends for 32 years.
Assigned (A-) rating and stable outlook by Standard & Poor's for the 12 consecutive years which is the best credit rating in the Saudi insurance market.
The biggest list of diversified insurance portfolio constitutes more than 60 classes of medical, motor, and property & casualty insurances.
The wide geographical presence in the Saudi insurance market through the largest sales network of 115 offices.
The best claim service centers and offices settling several millions of claims annually.
The highest Saudization rate in Saudi insurance market reached 80% of all workforce and 95% of leading positions.
The best quality services available 24 hours a day via the smart IVR Call Center that receives about 2 million calls per year.
Fastest and most comprehensive e-services through the website and the smartphones application.
The first online insurance store in Saudi Arabia.
The largest value added serves and special offer packages provided to different customer segments.
An advanced electronic environment managed by experts in various insurance classes to put customers at the center of attention.
The largest network of medical services providers consists of 1,500 providers in Saudi Arabia and more than 4000 providers worldwide.
A huge customer base that includes major companies and Saudi government bodies.
A strong and long-term relationship with the biggest international reinsurers.
The full compliance with governance regulations and implementing rules issued by control bodies.
The full compliance of insurance operations and investment portfolios with the Sharaia rules.
Tawuniya is distinguished with its sophisticated electronic work environment and employing well trained human resources.
It has strategic alliances with local and international partners and high class reinsurers.
An instant electronic link with medical service providers to achieve the fastest time for issuing approvals and settling claims.
The awards and best ranking
The best credit rating in Saudi insurance market for thirteen consecutive years, (A-) and stable outlook, by Standard & Poor's.
The best Islamic insurance company in 2018 by World Finance.
The Best Cooperative insurance Company in GCC in 2018 by Global Brand Magazine.
The most famous brand in Saudi Arabia by Al-Watan Newspaper.
The leading insurance company in the Top 100 Saudi Companies List by Al-Eqtisadiah Newspaper.
The best corporate insurance solutions provider – KSA IFC.CO.
Ranked first in the insurance and reinsurance companies listed in the Middle East region issued by "Al-Bayan" magazine.
Ranked among the top 100 companies in the Arab World as per Forbes Middle East magazine.
Ranked among the top 20 strongest brands within the Kingdom of Saudi Arabia as per the list issued by (Brandz).
Ranked among the best CEOs in the GCC as per the list issued by (Trends) magazine.