Arabian Shield Cooperative Insurance Company Explained

Arabian Shield Cooperative Insurance الدرع العربي للتأمين التعاوني
Founder:	2007
Location City:	Riyadh
Key People:	Sultan Al Kabeer (Chairman) Basem Odeh (CEO)
Industry:	Insurance

Arabian Shield Cooperative Insurance Company is an insurance companies within the Kingdom of Saudi Arabia.^[1]

History

The company was established on May 19, 2007.^[2] It is located in Riyadh.^[3] It operates as a Saudi public joint stock company and is licensed by Saudi Arabian Monetary Agency (SAMA)."^[1]

Summary

Arabian Shield Cooperative Insurance Company sells insurance products including motor, marine, property and medical insurance. In addition, the company also provides claim settlement services to its policyholders. Its customer base includes the private individuals and also the corporate clients.^[1]

2012

Arabian Shield Cooperative Insurance Company was among the major gainers in Saudi markets gaining more than 35% during the first month of the year.^[4]

See also

• Saudi Arabia
• Health care in Saudi Arabia
• Saudi Commission for Health Specialties

Notes and References

1. Web site: Arabian Shield Cooperative Insurance Company: Company Profile and SWOT Analysis. Market Publishers. March 7, 2012. 20 June 2012.
2. Web site: Arabian Shield Cooperative Insurance Company. Arabian Business. October 12, 2011. 20 June 2012.
3. Web site: Arabian Shield Cooperative Insurance Company. Zawya. April 30, 2012. 20 June 2012.
4. Web site: GCC markets starts 2012 showing mixed trends . https://archive.today/20120701125942/http://arabia.msn.com/business/market/af/2012/february/12620152update/gcc-markets-starts-2012.aspx . dead . 2012-07-01 . . February 2012 . 20 June 2012 .