Our Competitive Advantage
Board of Directors
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Our Competitive advantages
OUR COMPETITIVE ADVANTAGES
2019 Main Financial Highlights
SR 14.11 billion, Total Assets.
SR 2.49 billion, Total Equity.
SR 8.37 billion, Gross Written Premiums (GWP).
SR 6.71 billion, Net Written Premiums (NWP).
SR 7.01 billion, Total Revenues.
SR 5.81 billion, Net Incurred Claims.
SR 691.46 million, Total Comprehensive Income.
SR 402.16 million, Net Profit before Zakat.
SR 192.40 million, Profit Insurance Operations Minus Policy Holders Investments Revenues.
SR 150.42 million, Net Profit of Policy Holders Investment.
SR 101.76 million, Net Profit of Shareholders Capital Investment.
SR 2.62, Profit per Share.
SR 1,250 million, Paid-up Capital
125 million, No. of Shares.
The highest insurance professional experience in Saudi Arabia that extends for 34 years.
A distinct market share of more than 22% of the total Saudi insurance market.
The largest diversified list of insurance programs including more than 60 classes of medical, motor, and property & casualty insurances.
The largest sales network in Saudi Arabia with more than 100 branches in different regions.
The best claim service centres and offices that settle more than 10 million claims annually.
The highest Saudization rate with more than 82% for total employees and 95% for leadership positions.
The best quality services are available for 24 hours a day, 7 days a week via the Interactive Voice Response (IVR) Call Centre that receives more than 2 million calls annually.
The fastest and most comprehensive e-services through the website and the smartphone application.
The first online insurance store to reflect the pioneering concept of smart insurance.
Premium package of value added services, exclusive benefits and special offers such as Tawuniya Health Zone, Dawae Service and Wellbeing Program.
The first insurance loyalty program (Ithra) through which the clients receive special discounts up to 60% of partners’ products and services.
An advanced electronic environment managed by experts in various insurance fields that puts customers at the center of attention.
The largest network of medical service providers accredited in the Kingdom and around the world.
A list of motor repair agents and workshops.
An electronic link with health service providers to achieve the fastest time for issuing approvals and settling claims.
A strong insurance portfolio that includes large companies in various economic sectors and governmental entities.
A long-term relationship with the biggest international reinsurers.
The highest level of compliance with governance regulations and implementing rules issued by control bodies.
Full compatibility of insurance programs and investment portfolios with the provisions of Islamic Sharia.
Certificates, awards, and best ratings Tawuniya obtained in 2019
The best Takaful Insurance Company in the Middle East Region by Global Islamic Finance Awards.
The best electronic general insurance company in Saudi Arabia by Global Banking & Finance Review.
The best company providing innovative insurance products in the Kingdom by World Finance.
OMAC Gold Award for Insurance Business Quality.
Among the top 10 most famous Brands in the Kingdom issued by Brand Finance.
Among the top 100 Saudi companies list issued by Al Eqtisadiah newspaper and the first in insurance sector.
The ISO 27001 certification for cyber security granted by SGS Group