Company for Cooperative Insurance (Tawuniya) Overview
Pro stress-test →Tawuniya is a Saudi joint-stock company listed on the Saudi Exchange, established in 1986 with headquarters in Riyadh. It is Saudi Arabia's largest insurer by market share. The company provides cooperative insurance operations across motor, marine, fire, property, health, engineering, aviation, energy, Takaful, and accident insurance.
Strategic Profile
Pro stress-test →Tawuniya launched its 2025 strategy to keep pace with market changes and aims to become one of the major insurance companies in the Middle East and North Africa region. Capital ownership consists of 23% from the General Organization for Social Insurance, 24% from the Public Pension Agency, and 53% held by the public through the stock market. The company offers instant online quotes, a mobile app, nationwide branches, and 24/7 bilingual support with flexible plans and transparent terms.
Competitive Landscape
Pro stress-test →Tawuniya operates in Saudi Arabia's cooperative insurance market alongside regional competitors. The company's establishment in 1986 was a steppingstone to create a viable insurance industry in the Saudi market. Key competitors include Arabian Shield Cooperative Insurance, BUPA Arabia, Sanad Cooperative Insurance, and Al Sagr Cooperative Insurance across motor, health, and property lines.
Industry Context
Company for Cooperative Insurance (Tawuniya) operates in Cooperative Insurance.
Key facts
Founded: 1986 · Headquarters: Riyadh, Saudi Arabia · Employees: N/A · Revenue: N/A · Market cap: N/A