Wafa Insurance

InsuranceRiyadh, Saudi Arabia51-200 Employees

Wafa Insurance is a Saudi joint-stock insurer established in 2006 by royal decree, founded with backing from The New India Assurance Co. Ltd, Life Insurance Corporation of India, and LIC International (Bahrain). The company provides life and non-life insurance coverage for individuals and organizations, focusing on risk protection and access to affordable, quality insurance care. It maintains a network of offices in Riyadh, Jeddah, and AlKhobar and plans to expand its geographic reach across more regions of Saudi Arabia.

Supported by experienced management and a broad distribution channel through authorized agencies, Wafa leverages modern technology to support service delivery and claims processing. Its mission emphasizes delivering quality protection at a competitive price, with objectives to grow its presence in the Saudi market, expand life and non-life offerings, and attract and retain customers through strong service. The company positions itself as a risk management partner in the Saudi insurance landscape, aiming to meet customer expectations and develop its workforce while pursuing steady, customer-focused growth.

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