Saudi Enaya Cooperative Insurance Co.
Saudi Enaya Cooperative Insurance is a Saudi-listed health insurer providing tiered SME, corporate, and visit/tourist visa health plans, distributed through digital self-service, broker, and enterprise sales channels across Saudi Arabia.
- Company typePublic
- Founded2011
- HeadquartersJeddah, Saudi Arabia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Saudi Enaya Cooperative Insurance Co. firmographics
Firmographics- Name
- Saudi Enaya Cooperative Insurance Co.
- Legal name
- Saudi Enaya Cooperative Insurance Company
- Website
- https://saudienaya.com
- Company type
- Public
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Saudi Enaya Cooperative Insurance is a Saudi-listed health insurer providing tiered SME, corporate, and visit/tourist visa health plans, distributed through digital self-service, broker, and enterprise sales channels across Saudi Arabia.
- Ownership category
- akta.pro rank
Saudi Enaya Cooperative Insurance Co. industry classification
Industry- Product category
- Health Insurance
- NAICS
- Direct Health and Medical Insurance Carriers (524114), Direct Life, Health, and Medical Insurance Carriers (52411)
- SIC
- Accident & Health Insurance (6321), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- International / Expatriate Group Health Plans (FSAIAFAJ)
- akta.pro secondary industries
- Small Group Health Insurance (2–50/100) (FSAIAFAD), International/Expatriate Individual Health Insurance (FSAIAEAH)
Keywords
Where Saudi Enaya Cooperative Insurance Co. is headquartered
LocationHeadquarters
- HQ city
- Jeddah
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices2 records
Markets served
Saudi Enaya Cooperative Insurance Co. business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Health Insurance Premiums: The company generates revenue primarily through health insurance premiums collected from corporate clients, SME businesses, and individual visa holders. Premiums are collected on subscription basis with various plan tiers offering different coverage levels and benefits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | SME Plans - Multiple tiers: VIP/Diamond, A-Gold, B-Silver, C-Bronze/C-Classic with varying benefits |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
Saudi Enaya Cooperative Insurance Co. product offering
Product offeringCore offering
Saudi Enaya Cooperative Insurance Company is a publicly listed Saudi health insurance provider offering tiered health insurance plans to corporate clients (250+ members), small and medium enterprises (up to 250 members), and individual visa holders (visit and tourist visas). Its core products cover inpatient, outpatient, dental, optical, and maternity benefits, supported by a digital platform spanning mobile app, broker portal, endorsement portal, and provider network search tools. The company operates an extensive hospital and clinic network across Saudi Arabia and processes claims with pre-authorization turnaround within 60 minutes.
Product overview
Saudi Enaya Cooperative Insurance Company is a health insurance provider offering a comprehensive portfolio of products and digital services. The core offerings consist of SME Health Insurance Plans (for companies with up to 250 members) and Corporate Health Insurance Plans (for companies with over 250 members), both available in multiple tier levels. Visit Visa Insurance and Tourist Visa Insurance provide coverage for international visitors to Saudi Arabia. These insurance products are supported by a suite of digital services including the Saudi Enaya Mobile App (for policy management, claims, and provider search), Broker Portal (for insurance brokers to sell products), Endorsement Portal (for member management), and Visit Visa Insurance Extension (for extending coverage online). The company also offers a Provider Network Search tool. The products operate through an extensive hospital and clinic network across Saudi Arabia.
Differentiator
Problem solved
Functional benefit
Products and services
- SME Health Insurance Plans Comprehensive health insurance plans for small and medium enterprises with up to 250 members. Tiered options (Diamond/VIP, A-Gold, B-Silver, C-Bronze/C-Classic) with benefits including dental, optical, and maternity coverage and Maximum Annual Limits up to SAR 1,000,000 for VIP tiers.
- Corporate Health Insurance Plans Fully customizable health insurance plans for companies with over 250 members, designed for VIPs and broader workforce with luxurious yet cost-effective coverage.
- Visit Visa Insurance Health insurance coverage for international visitors to Saudi Arabia on visit visas, including emergency medical treatment, outpatient services, and access to necessary medical care.
- Tourist Visa Insurance Comprehensive health coverage for international tourists visiting Saudi Arabia, including emergency treatment, hospitalization, and routine medical care tailored for travelers.
- Saudi Enaya Mobile App Mobile application (iOS and Android) for members to manage policies, view coverage, search provider networks, submit and track reimbursement claims, and receive real-time notifications.
- Broker Portal Exclusive online portal for insurance brokers to manage policy sales with a simplified process, comprehensive product range access, and secure advanced encryption interface.
- Endorsement Portal
Quantifiable outcome
- Pre-authorization requests responded within 60 minutes
- +1 more outcomes
Companies that use Saudi Enaya Cooperative Insurance Co.
Customer profileSegments3 records
Ideal customer profiles3 records
Saudi Enaya Cooperative Insurance Co. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
Saudi Enaya Cooperative Insurance Co. partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Dr. Soliman Fakeeh Hospital CompanycoreSaudi Enaya announced contract sign off with Dr. Soliman Fakeeh Hospital Company, a significant healthcare provider partnership for delivering medical services to insurance members.
- United Pharmacies GroupcoreVerbal approval process established with United Pharmacies Group for medication dispensing. Saudi Enaya members can obtain medications from United Pharmacies branches without delay by providing medical report, prescription, and deductible receipt.
- Assist AmericacoreGlobal emergency service provider for medical emergencies while traveling 150+ kilometers from permanent residence or outside the country. Provides immediate connection to doctors, hospitals, pharmacies and other services.
Scale indicators3 records
Recent moves8 records
Expansion highlights4 records
Saudi Enaya Cooperative Insurance Co. competitors and assessment
Company assessmentDirect peers
- The Company for Cooperative Insurance (Tawuniya): Major Saudi cooperative insurer providing health, motor and other lines; the health-insurance book is directly comparable to Saudi Enaya's core product set and customer segments.
- Bupa Arabia for Cooperative Insurance: Largest Saudi-listed health insurer offering corporate, SME and individual health plans via CHI-aligned products and an extensive provider network; competes directly with Saudi Enaya across Corporate and SME segments.
- Walaa Cooperative Insurance: Saudi-listed cooperative insurer offering health, motor and other lines; competes with Saudi Enaya on group health for corporates and SMEs in the Saudi market.
- Al Etihad Cooperative Insurance: Saudi-listed cooperative insurer with health-insurance products for corporate and SME clients; comparable distribution, regulatory perimeter and product tiers.
- Salama Cooperative Insurance (Saudi National Insurance): Saudi cooperative insurer offering health and other lines to corporate and individual customers; overlaps with Saudi Enaya on group and individual health products.
- Medgulf (Middle East Healthcare Co.): Saudi-listed health insurer focused on corporate and SME group health plans with CHI-aligned products; highly comparable product mix and distribution model.
Broad incumbents
- Allianz Saudi Fransi Cooperative Insurance: Saudi-listed cooperative insurer affiliated with Allianz providing health and other lines to corporate and SME clients; broader portfolio than Saudi Enaya but overlapping on group health.
- AXA Cooperative Insurance (KSA): KSA arm of global insurer AXA offering health, motor and property products; competes with Saudi Enaya in health insurance while also distributing broader lines.
Others
- Council of Health Insurance (CHI): Saudi regulator that sets the standards Saudi Enaya's products are explicitly aligned with; not a competitor but a key ecosystem participant shaping the addressable market.
Emerging players
- Globemed Saudi (GlobeMed Saudi): Third-party administrator and managed-care services provider operating within the Saudi health-insurance ecosystem; adjacent to Saudi Enaya's claims-management and provider-network activities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Saudi Enaya Cooperative Insurance Co. social profiles
Digital presenceSaudi Enaya Cooperative Insurance Co. compliance and trust
Trust signalCompliance4 records
Saudi Enaya Cooperative Insurance Co. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Saudi Enaya Cooperative Insurance Co. leadership team
Management profileNumber of profiles
Profiles14 records
Saudi Enaya Cooperative Insurance Co. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Saudi Enaya Cooperative Insurance Co. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Saudi Enaya Cooperative Insurance Co.
What does Saudi Enaya Cooperative Insurance Co. do?
Saudi Enaya Cooperative Insurance Company is a publicly listed Saudi health insurance provider offering tiered health insurance plans to corporate clients (250+ members), small and medium enterprises (up to 250 members), and individual visa holders (visit and tourist visas). Its core products cover inpatient, outpatient, dental, optical, and maternity benefits, supported by a digital platform spanning mobile app, broker portal, endorsement portal, and provider network search tools. The company operates an extensive hospital and clinic network across Saudi Arabia and processes claims with pre-authorization turnaround within 60 minutes.
Is Saudi Enaya Cooperative Insurance Co. a public or private company?
Saudi Enaya Cooperative Insurance Co. is a public company. It is classified as public and is currently operating.
When was Saudi Enaya Cooperative Insurance Co. founded?
Saudi Enaya Cooperative Insurance Co. was founded in 2011. It employs 101 to 250 people.
Where is Saudi Enaya Cooperative Insurance Co. based?
Saudi Enaya Cooperative Insurance Co. is headquartered in Jeddah, Saudi Arabia, in the Middle East region.
How does Saudi Enaya Cooperative Insurance Co. make money?
One revenue line is on record: health Insurance Premiums.
Who are Saudi Enaya Cooperative Insurance Co.'s main competitors?
Direct peers on record are The Company for Cooperative Insurance (Tawuniya), Bupa Arabia for Cooperative Insurance, Walaa Cooperative Insurance, Al Etihad Cooperative Insurance, Salama Cooperative Insurance (Saudi National Insurance) and Medgulf (Middle East Healthcare Co.). Broad incumbents are Allianz Saudi Fransi Cooperative Insurance and AXA Cooperative Insurance (KSA). Council of Health Insurance (CHI) is listed as an others. Globemed Saudi (GlobeMed Saudi) is listed as an emerging player.
Does Saudi Enaya Cooperative Insurance Co. have an API?
No public API is recorded for Saudi Enaya Cooperative Insurance Co..
What industry is Saudi Enaya Cooperative Insurance Co. in?
Saudi Enaya Cooperative Insurance Co.'s product category is Health Insurance. Its primary akta.pro industry code is FSAIAFAJ, International / Expatriate Group Health Plans, with a secondary code of FSAIAFAD, Small Group Health Insurance (2–50/100). Its NAICS code is 524114 and its SIC code is 6321.