Company For Coopetative Insurance

What Company For Coopetative Insurance does

The Cooperative Insurance Company (Tawuniya / التعاونية) is a publicly listed Saudi Arabian insurance carrier offering a broad portfolio of 20+ insurance products spanning motor, health, life, and property/casualty lines. The company operates under the regulatory supervision of the Saudi Insurance Authority (هيئة التأمين) and maintains a public shareholding structure consistent with listing on the Saudi Stock Exchange (Tadawul). Its product set includes Comprehensive, Third Party, and Third Party Plus motor coverage (the latter with up to 40,000 SAR coverage), Mechanical Breakdown Insurance, family and individual health plans, SME Health Insurance (covering up to 200 members), Visit Visa, Domestic Worker, Parent, Hajj, and Umrah health programs, plus Home, Travel, Medical Malpractice, Latent Defects, Civil Liability, and Business P&C coverage. Tawuniya Drive, a dedicated loyalty sub-brand, bundles cashback rewards (up to 1,000 SAR) with mechanical breakdown coverage as a retention mechanism.

The company's underlying technology is a digital insurance platform supporting online policy issuance, renewal, and claims processing, complemented by iOS and Android mobile applications (4.4 Google Play rating), a bilingual (Arabic/English) website, WhatsApp support (+966920019990), and a 24/7 call center (800 124 9990). No proprietary AI/ML capabilities, APIs, or third-party SDK integrations are disclosed.

Commercially, Tawuniya operates a direct-to-consumer, digital-first go-to-market motion selling subscription-based recurring insurance premiums to three horizontal segments: individual consumers (primary), corporate and business clients, and small and medium enterprises. Pricing is not publicly disclosed; quotes are generated on request, with installment payment plans of up to 12 months offered on motor and SME health products. Revenue is generated entirely through insurance premium collection across personal, SME, and corporate lines, with no alternative revenue streams, parent company, M&A activity, partnerships, or funding rounds disclosed in the source material.

Name

Company For Coopetative Insurance

Legal name

The Cooperative Insurance Company (شركة التعاونية للتأمين)

Website

https://tawuniya.com.sa

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Tawuniya is a publicly listed Saudi Arabian cooperative insurance company offering 20+ digital-first motor, health, life, and property/casualty products to individual, SME, and corporate customers across the Kingdom via website, mobile app, WhatsApp, and 24/7 call center channels.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Insurance Carriers and Related Activities (524), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Property and Casualty Insurance Carriers (524126)

SIC

Fire, Marine & Casualty Insurance (6331), Accident & Health Insurance (6321), Life Insurance (6311)

akta.pro primary industry

Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

akta.pro secondary industries

Small Group Health Insurance (2–50/100) (FSAIAFAD), International/Expatriate Individual Health Insurance (FSAIAEAH)

Keywords

• Motor insurance products
• Health insurance coverage
• Property and casualty insurance
• Travel insurance policies
• Insurance premium services

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Premiums: Collection of insurance premiums from individual and corporate policyholders for motor, health, travel, home, and other insurance products. Revenue generated through recurring premium payments.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Cooperative Insurance Company (Tawuniya) is a Saudi Arabian insurance provider offering over 20 insurance products spanning motor, health, life, travel, home, property and casualty, medical malpractice, and specialty segments such as Hajj/Umrah, visit visa, and domestic worker coverage. Policies are sold and serviced through a digital-first platform (website, iOS/Android apps) supported by 24/7 call center and WhatsApp channels. The portfolio serves both individual consumers and corporate/SME clients with installment payment plans and loyalty rewards.

Product overview

Company For Cooperative Insurance (Tawuniya) is a Saudi Arabian insurance company offering a comprehensive portfolio of 20+ insurance products across three main categories: Motor Insurance (including Comprehensive, Third Party Plus, Third Party, and Mechanical Breakdown coverage with the Drive loyalty program), Health and Life Insurance (covering families, SMEs, domestic workers, parents, Hajj/Umrah pilgrims, and visit visa holders), and General/Property Insurance (including home, travel, medical malpractice, domestic worker contracts, latent defects, civil liability, and business properties). The company operates a multi-channel distribution model with digital-first capabilities, offering online purchase, renewal, and claims processing through its website and mobile applications.

Differentiator

Problem solved

Functional benefit

Brands

• Tawuniya Drive (التعاونية درايف): Loyalty program offering cashback and mechanical breakdown coverage for vehicles
• Against Third Party Plus (ضد الغير بلس)
• My Family Insurance (تأمين عائلتي)

Products and services

• Motor Insurance (تأمين المركبات) Comprehensive and third-party motor vehicle insurance for individual vehicle owners covering accidents, damages, and road assistance; includes Comprehensive, Third Party Plus (up to 40,000 SAR), and Third Party coverage tiers.
• Mechanical Breakdown Insurance (تأمين الأعطال الميكانيكية) Standalone coverage for mechanical and electrical breakdowns and faults for vehicles, distributed under the Tawuniya Drive loyalty program with cashback benefits up to 1,000 SAR.
• My Family Health Insurance (تأمين عائلتي الصحي) Health insurance policy providing healthcare coverage for family members of individual policyholders in Saudi Arabia.
• SME Health Insurance (تأمين صحي للشركات الصغيرة والمتوسطة) Group health insurance for small and medium enterprises with installment payment options, covering up to 200 members per policy.
• Visit Visa Health Insurance (التأمين الصحي لتأشيرة الزيارة) Health insurance for visit visa holders in Saudi Arabia, covering up to 200 individuals and supporting visa extension requirements.
• Domestic Worker Health Insurance (تأمين الصحي للعمالة المنزلية) Health insurance coverage designed for domestic workers employed by households in Saudi Arabia.
• Parent Health Insurance (تأمين الوالدين) Health insurance policy for parents of individual policyholders covering hospitalization and emergency medical cases.
• Hajj Insurance Program (برنامج تأمين الحج) Specialized insurance program tailored for Hajj pilgrims providing coverage during the Hajj season in Saudi Arabia.
• Umrah Insurance Program (برنامج تأمين العمرة) Insurance program tailored for Umrah pilgrims providing coverage during their visit to Saudi Arabia.
• Home Insurance (تأمين المساكن) Property insurance covering residential homes for individual homeowners in Saudi Arabia.
• International Travel Insurance (تأمين السفر الدولي) Travel insurance product providing coverage for individuals during international travel.
• Medical Malpractice Insurance (تأمين أخطاء ممارسة المهن الطبية) Professional liability insurance for healthcare providers covering medical errors and malpractice claims.
• Domestic Worker Contract Insurance (تأمين عقد العمالة المنزلية) Insurance coverage tied to domestic worker employment contracts for households in Saudi Arabia.
• Latent Defects Insurance (تأمين العيوب الخفية) Insurance coverage for hidden or latent structural defects in real estate properties.
• Life Insurance (تأمين الحياة) Life insurance policy providing financial protection for the families of individual policyholders.
• Civil Liability Insurance (المسؤولية المدنية) Civil liability insurance covering third-party liability arising from dangerous activities and crowded venues.
• Properties and Casualty for Companies (الممتلكات والحوادث للشركات) Property and casualty insurance solutions tailored for corporate and SME clients covering business assets and operations.
• Tawuniya Drive Loyalty Program (التعاونية درايف) Customer loyalty program offering cashback rewards up to 1,000 SAR paired with mechanical breakdown coverage benefits for vehicle insurance customers.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights6 records

Direct peers

• Walaa Cooperative Insurance: Saudi listed cooperative insurer providing motor, health, property, engineering, and general insurance to individuals and corporates. Highly comparable to Tawuniya in product breadth, regulatory regime, and digital distribution focus.
• Bupa Arabia for Cooperative Insurance: Listed Saudi cooperative insurer and arguably Tawuniya's most direct domestic peer. Heavily concentrated in health insurance (individual, family, corporate) but competes with Tawuniya across Saudi retail and SME segments, and shares the same regulatory supervision and Tadawul public market infrastructure.
• Salama Cooperative Insurance: Tadawul-listed Saudi cooperative insurer operating across motor, health, and general lines for individuals and SMEs. Direct competitor on Tawuniya's full multi-line offering within Saudi Arabia.
• Al Etihad Cooperative Insurance: Listed Saudi multi-line cooperative insurer offering motor, health, property, and general insurance through similar broker and direct channels. Closely overlaps Tawuniya's product breadth and target customer base across Saudi Arabia.
• Arabian Shield Cooperative Insurance: Saudi cooperative insurer listed on Tadawul offering health, motor, property, and general insurance to individuals and corporates. Overlaps directly with Tawuniya's multi-line retail and SME positioning.
• Gulf Union Cooperative Insurance: Saudi listed cooperative insurer providing motor, health, property, and engineering coverage. Competes on similar product menu and distribution channels within Saudi Arabia.
• The Saudi National Insurance Company (SNIC): Long-established Saudi insurer offering motor, health, marine, aviation, energy, and P&C lines. Competes with Tawuniya on motor and corporate P&C business in the Saudi market under the same regulatory framework.
• Medgulf (Saudi Enaya Cooperative Insurance): Saudi Tadawul-listed cooperative insurer offering motor, health, and general insurance. Direct competitor to Tawuniya in the retail and SME cooperative insurance space in Saudi Arabia.

Broad incumbents

• GIG Gulf (formerly AXA Cooperative Insurance): GCC-wide insurer (formerly AXA) operating motor, health, and general insurance across Saudi and the wider region. Overlaps with Tawuniya in the Saudi retail and corporate segments while bringing broader Gulf distribution to compete on cross-border accounts.
• CHUBB Arabia Cooperative Insurance: Saudi subsidiary of global insurer CHUBB offering P&C, accident & health, and specialty lines. Competes with Tawuniya on motor, casualty, and corporate lines while leveraging an international parent for reinsurance and specialty products.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/tawuniya

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Company For Coopetative Insurance