About Us
Tawuniya… The Pioneer of Saudi Insurance
Tawuniya Insurance Company was established in 1986 as a Saudi joint-stock company under Commercial Registration No. 1010061695, dated 18/01/1986. It is the first national company licensed in the Kingdom of Saudi Arabia to operate various types of insurance according to the cooperative principle permitted by Sharia. The company's authorized and paid-up capital amounts to SAR 1.5 million.
Tawuniya was granted License No.: TMN/1/200412 from the Insurance Authority, the first license in the insurance sector under the Cooperative Insurance Companies Control Law. The company operates under the supervision and regulation of the Insurance Authority.
In its commitment to providing the best insurance services to its partners in success, Tawuniya offers 126 types of insurance, including medical insurance, mobility insurance, fire insurance, property insurance, engineering insurance, general accident insurance, marine insurance, aviation insurance, Takaful insurance, liability insurance, and many more.
Over the course of 40 years, Tawuniya has been able to enhance its competitive advantages and the quality of its services, making it the first choice for all insurance customer segments.
Our Competitive Advantages
Board Of Directors & Executives
Social Responsibility
Headquarters: Riyadh, Saudi Arabia
Postal address: P.O. Box 86959 Riyadh 11632 - Kingdom of Saudi Arabia
Fax: +966 11 400 0844
Toll-Free Number: 8004400008
Phone: +966 11 252 5800
Our Purpose
Together for a Safer Life and Greater Dreams
Our Vision
Largest insurer in the MENA region, becoming the Saudi National Champion
Our Ambition
Adaptability and flexibility, Proactive approach, Customer support, Enhance security, Reliability, Sustainable growth
Our Ongoing Journey of Growth
We have successfully achieved all our strategic pillars, strengthened our financial performance and reaping the rewards of our ambitious strategy, which has effectively and efficiently delivered on the announced objectives.
Our Strategy
Tawuniya has launched its 2030 Strategy, designed to realize its distinct vision and strategic objectives through a disciplined and well-calibrated execution approach. This strategy is closely aligned with the full strength, capabilities, and value deliverables of each business sector across the organization. Through this strategic direction, Tawuniya aims to become the insurer of choice by achieving market leadership and evolving into more than an insurer strengthening its role in protecting customers, embedding itself across the customer lifecycle, and delivering superior economic value.
The strategy is a comprehensive approach in line with the aspirations of Saudi Vision 2030, and is based on four main axes:
Profitable growth and financial strength
Exceptional customer experience
Operational excellence and digital innovation
Empowered workforce
Our ambitious approach to translating our strategy into reality
We Enable and Develop
In an environment where cultural knowledge thrives and personal capabilities grow, Tawuniya fosters a culture of innovation and reinforces the value of collaboration as a cornerstone of sustainable institutional success.
Putting Digital Services First
Supporting the digital transformation of the insurance sector in Saudi Arabia, we provide comprehensive digital solutions, enabling easy access to a full range of services.
We Understand your Needs
We provide our customers with high-quality, accessible solutions.
Shaping the Path to Success
We aspire to be leaders in all areas of our business, achieving sustainable returns and promoting environmental and social governance principles in Saudi Arabia.
Our Commitment
Governance
Tawuniya has updated its governance regulations to comply with the Insurance Companies Governance Regulations issued by the Insurance Authority and the Corporate Governance Regulations issued by the Capital Market Authority, ensuring full adherence to both frameworks.
Shariah Rules and Regulations
We conduct our operations in accordance with the cooperative insurance principle permitted by Shariah. To reaffirm our commitment to Islamic law, we contracted with the Shariah Review House to carry out a comprehensive assessment of our activities, products, policies, and investments. According to the annual Shariah review report issued on 10/02/2022, all Tawuniya operations comply with Shariah rules and regulations.
Our Outstanding Performance
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Key financial indicators
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Awards and classifications
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Leadership and Management
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Board of directors
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Executive management
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Social Responsibility
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An ambitious strategy
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Social contributions
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