Saudi Arabian Cooperative Insurance Company
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Mission and Vision

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Mission and Vision

The company’s vision comprises of proper planning and future goals of benefitting from the accelerating and expected growth of the insurance sector in the Kingdom. SAICO endeavors to realize the desired results in the interest of its shareholders, customers and the insurance sector, in general. SAICO’s objectives are summed up as offering insurance products and services that provide quality protection at reasonable prices through successful partnerships with its customers, agents, brokers and insurance companies in as much as is necessary and to make sure that the overall interests and objectives of all stakeholders is respected.


In addition to attracting the best and most qualified employees, especially Saudi citizens. The company’s strategy is based on:
  • The speed and quality of the services provided
  • Small and medium business services
  • Excellence and diversity in the insurance services provided
  • Exceeding customer expectations and resolving their claims quickly
  • Accuracy of documentation and speed of delivery
  • Careful review of insurance documents and programs to ensure the best protection for clients.
  • Maintaining continuous communication with clients.


SAICO aims to gain a major market share in the insurance sector. It mainly focuses on insurance services and products for companies, factories, commercial establishments and small and medium-sized companies in its various fields and activities.

Competitive edges

SAICO’s deep-rooted presence in the Saudi insurance market gave it highly competitive advantages and great support. Where the company carries out its tasks through a team of insurance specialists, who have extensive experience and interact dynamically with the rapid changes in the growing Saudi insurance market.