Walaa Cooperative Insurance Company Company Description

Walaa Cooperative Insurance Company provides cooperative insurance and reinsurance products and services in the Kingdom of Saudi Arabia.

The company offers motor insurance products, which include commercial and private motor comprehensive, and third party liability policies; travel; medical marketplace; home; shop; SME medical; worker health; and saving and protection insurance products.

It also provides property all risk, fire and specified perils property damage, home, and loss of profit/business interruption insurance; engineering insurance products, such as erection and construction all-risk, contractor’s plant and machinery/equipment insurance, machinery breakdown insurance (MBD), loss of profit following MBD, and deterioration of stock following MBD; marine insurance products, including marine cargo and hull insurance policies; medical insurance; and accident and liability insurance, as well as security and private protection, energy downstream, plastic card, fidelity guarantee, and trade credit insurance.

The company was formerly known as Saudi United Cooperative Insurance Company and changed its name to Walaa Cooperative Insurance Company in May 2017.

The company was incorporated in 2007 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.

Walaa Cooperative Insurance Company

Country	Saudi Arabia
Founded	2007
Industry	Insurance - Diversified
Sector	Financials
CEO	Johnson Chandebla Varughese

Contact Details

Address: 4513 Adh Dhahran Al Khubar Al Janubiyah Al Khobar, 34621-8615 Saudi Arabia
Phone	966 13 829 9405
Website	walaa.com

Stock Details

Ticker Symbol	8060
Exchange	Saudi Stock Exchange
Fiscal Year	January - December
Reporting Currency	SAR
ISIN Number	SA000A0MLUD8
SIC Code	6300

Key Executives

Name	Position
Johnson Chandebla Varughese	Chief Executive Officer
Mohannad Al-Desouki	Chief Financial Officer
Turki Al-Buraik	Chief Operating Officer