Salama Cooperative Insurance Company Stocks

Salama Cooperative Insurance Company, founded in 1979 and headquartered in Jeddah, Kingdom of Saudi Arabia, delivers a diverse array of insurance products and services across multiple nations, including the United Arab Emirates, Saudi Arabia, Algeria, Malaysia, Bahrain, Senegal, and Egypt. Formerly known as Saudi IAIC Cooperative Insurance Company until its rebranding in 2012, the firm structures its operations across Medical, Motor, and Other segments. Its motor insurance policies encompass protection against accidents, fire, towing costs, malicious damage, theft, estimation services, and associated medical expenditures. For healthcare needs, Salama offers medical insurance plans covering general care, medications, chronic conditions, vaccinations, maternity and neonatal services, physiotherapy, ophthalmology, dental treatments, oncology, and CCHI compliance. Additionally, the company provides travel insurance, safeguarding policyholders against personal accidents, overseas medical emergencies, repatriation of mortal remains, lost baggage, passport or cash loss, personal liability, and accidental death. Medical professionals can also secure malpractice insurance, featuring specialized and adaptable coverage options for various medical facilities. Furthermore, Salama extends a comprehensive suite of general insurance solutions, including engineering, liability, marine, property, and general accident policies.