Malath Insurance
InsuranceRiyadh, Saudi Arabia201-500 Employees
Malath Insurance is a Saudi-based cooperative insurer operating in the insurance sector and headquartered in Riyadh, Saudi Arabia (postal code 11625), with a website at https://malath.com.sa. The company employs between 201 and 500 people. It was founded by a consortium of prominent Saudi investors and had paid-up capital of 300 million SAR, which was increased to 500 million SAR in 2017 through a rights issue. Since its establishment in 2007, Malath has offered insurance products and services to the local market, aligning with its stated aim of providing secure coverage and professional service. Governance changes occurred in 2024, with the resignation of the chairman in January 2024 and subsequent appointments of a new chairman and vice-chairman in February 2024; in 2026 the company partnered with Liva Insurance SA, and in 2025 extended a memorandum of understanding with Leva Insurance to explore a potential merger under the same terms.