Allied Cooperative Insurance Group Overview
Pro stress-test →Allied Cooperative Insurance Group engages in cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The company offers health, vehicle, property, engineering and contract works, and marine, and general insurance products.
Strategic Profile
Pro stress-test →Operating through Medical Insurance, Motor Insurance, Property Insurance, Engineering Insurance, and Other Insurance segments, the company maintains a diversified portfolio serving both individual and corporate customers. ACIG is a well-established player in the Saudi insurance market with a network of regional branches supporting its distribution strategy.
Competitive Landscape
Pro stress-test →The Saudi cooperative insurance market is highly fragmented with numerous competing players including Tawuniya (8010), Salama (8050), Arabian Shield (8070), UCA (8190), BUPA Arabia (8210), and others listed on TADAWUL. ACIG competes on product diversification and regional branch presence, though it ranks among smaller players by market capitalization.
Industry Context
Allied Cooperative Insurance Group operates in Insurance - Cooperative (General & Health Insurance).
Key facts
Founded: 2007 · Headquarters: Riyadh, Saudi Arabia · Employees: 258 · Revenue: $0.239B · Market cap: $0.061B