Malath Cooperative Insurance Company Overview
Pro stress-test →Malath Cooperative Insurance Company provides insurance products and related services to individuals, small and medium enterprises, and corporates in Saudi Arabia, operating through Medical, Motor, Property, Engineering, Marine, and Others segments, and offering casualty and other general insurance. The company was incorporated in 2007.
Strategic Profile
Pro stress-test →Malath is a founding member of Najm Insurance Services Company. The company presents its products through offices, agents, and an electronic portal. The company targets both individual consumers and enterprise segments with diversified insurance offerings.
Competitive Landscape
Pro stress-test →Malath competes in Saudi Arabia's crowded cooperative insurance market against major players including Saudi Arabian Cooperative Insurance, BUPA Arabia, Arabian Shield Cooperative Insurance, and Buruj Cooperative Insurance. The company's positioning emphasizes customer service and electronic distribution channels, but faces intense competition from better-capitalized rivals.
Industry Context
Malath Cooperative Insurance Company operates in Cooperative Insurance.
Key facts
Founded: 2007 · Headquarters: Riyadh, Saudi Arabia · Revenue: $335M · Market cap: $515M