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Sanad - aspires to be a leading insurer providing exceptional services to its customers.
It exists so that you have someone to trust. This is a simple yet powerful vision that embodies two critical
elements. First and foremost is our pledge that we will keep our promises to you – we will not renege on your
trust in us. Secondly we will ensure that we treat you fairly, courteously, in a timely manner and generally
provide you with a top quality service.
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Company highlights:
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Sanad is a publicly traded company in the Kingdom, with a paid up capital of SAR 200 million and with
reputable shareholders.
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Sanad is building a customer focused and centered team, one that is comprised of diligent individuals,
who collectively act with integrity and professionalism.
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Sanad’s product offerings both current and future will encompass a wide spectrum, reflecting the
insurance needs in the Kingdom. From the basic ones – health, motor and property to more complex ones
engineering, energy, miscellaneous accident, marine and aviation, Sanad is here to serve both individual and institutional clients.
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The strategic planning and sound implementation supervision for Sanad is performed by a Board of
Directors comprised of 11 members appointed for a term of 3 years by the company’s general assembly.
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Our objectives:
- Presenting a series of competitive and varied insurance products.
- Offering insurance products that are not currently available in the marketplace.
- Developing and augmenting the quality of insurance services currently not being provided.
- Contributing in increasing insurance awareness among the general population.
- Providing training for indigenous Saudis.
- Developing guidelines that guarantee the rights of policy holders.
- Determining reasonable pricing levels.
- Monitoring the market and responding rapidly and precisely to changes and competitive levels.
- Increasing the coordination between insurance companies in the region (especially in Saudi Arabia)
through regular meetings and insurance symposiums.
- Enlarging the customer base of the company through constant efforts to open new branches.
- Constant search for new competitive advantages and opportunities and benefiting from them.
- Developing and executing efficient mechanisms to combat risk and risk exposure through sound financial analysis and advanced underwriting methods and effective control mechanisms.
- Achieving a distinguished presence in the Kingdom’s insurance market.
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Our services:
- Motor Vehicle Insurance
- Property Insurance
- Engineering Insurance
- General Accident Insurance
- Casualty/Liability Insurance
- Marine Insurance
- Health Insurance
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Future services:
- Aviation
- Agriculture
- Hull
- Energy insurance
- Professional indemnity
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Website: www.sanad.com.sa
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