The company provides all Insurance services supported by highly rated re-insurers and based on the principles of the Cooperative Insurance and in line with the instructions of the Directorate of Insurance Supervision and its Executive list under the supervision of Saudi Monetary Agency. The Company provides Property insurance including but not limited to (Fire & Burglary, Loss of Profit, Property All Risk, Terrorism & Riots), General Accidents insurance including but not limited to (Public Liability, Workmen Compensation, Professional Indemnity, Cash in Safe, Cash in Transit, Fidelity Guarantee, Personal Accidents, Glass, Bankers Blanket Bond, Employees Indemnity, Medical Malpractice, Travel Insurance, Extended Warranty), Marine & Aviation Insurance including but not limited to (Goods in Transit, Carrier Indemnity, Marine Hull & Machinery) , Motor Insurance, Medical Insurance, Engineering Insurance including but not limited to (Contractors All Risk, Erection All Risk, Machinery Breakdown, Electric Machinery, Contractors Machinery, Inventory Deterioration, in addition to other special insurance services during operations of projects.
Al Etihad Cooperative Insurance Co. is a public listed company incorporated by the ministry council resolution No. (95) dated 14/3/1428 H and the Royal Decree No (M/25) dated 14/3/1428 H as a cooperative insurance company in the Kingdom of Saudi Arabia. The paid up capital of the company is SAR 400 million. The company is considered a prolongation to Trade Union Insurance Co. B.S.C (C) which since it''s incorporation in 1983 had conducted its operations in the kingdom of Saudi Arabia through its head office and Five branches spread in the main cities of the kingdom.
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