Private | |
Industry | Insurance |
Founder | 2007 |
Headquarters | Riyadh, Saudi Arabia |
Key people
|
Sultan Al Kabeer (Chairman) Basem Odeh (CEO) |
Website | http://www.der3.com |
Arabian Shield Cooperative Insurance Company is "one of the leading insurance companies within the Kingdom of Saudi Arabia."
The company was established on May 19, 2007. It is located in Riyadh. It operates as a Saudi public and is licensed by Saudi Arabian Monetary Agency (SAMA)."
Arabian Shield Cooperative Insurance Company sells "insurance products and services in the field of general insurance including motor insurance, marine insurance, property insurance, engineering insurance, accidents insurance, liability insurance; and medical insurance. In addition, the company also provides fair and swift claim settlement services to its policyholders. Its customer base includes the private individuals and also the corporate clients."
Arabian Shield Cooperative Insurance Company was among the major gainers in Saudi markets gaining more than 35% during the first month of the year.