Last Updated: 2026

Al Sagr National Insurance

Summary

Summary

Al Sagr Cooperative Insurance Company provides insurance products and solutions in the Kingdom of Saudi Arabia and Singapore. The company operates through Medical, Motor, Property and Casualty, and Protection and Savings segments. It offers fire and allied perils, property all risks, and business interruption insurance products; marine cargo and hull insurance products; and engineering insurance products comprising contractor's all risks and erection all risks, contractors' plant and machinery, machinery breakdown, loss of profit due to machinery breakdown, boiler and pressure vessels, deterioration of stock, and electronics equipment insurance. The company also provides liability insurance products, such as workmen's compensation, employer liability, public liability, and professional indemnity insurance; onshore and offshore energy insurance products; and medical, travel, motor, and medical malpractice insurance products. In addition, it offers miscellaneous insurance products, including personal accident, money, fidelity guarantee, and burglary insurance. Al Sagr Cooperative Insurance Company was founded in 1983 and is based in Dammam, the Kingdom of Saudi Arabia.

History

In 1979, Al Sagr National Insurance Company was established in Abu Dhabi, as the first authorized insurance provider in the UAE. Since then, Al Sagr has grown to become one of the largest and most successful insurance companies in the region. A.A Al Sagr & Bros. Co. Ltd are the company’s founding shareholders and the company has since then formed numerous strategic partnerships to provide customers with the most comprehensive and competitively priced insurance services.

Mission

Our mission is to provide a broad range of insurance services to businesses and individuals with the highest degree of quality and safety. We strive to be the trusted partner of choice for our customers by consistently delivering reliable, unbiased advice and excellent service.

Vision

Our vision is to be the number one insurance provider in the UAE, offering the best products, services and digital experiences to our customers.

References

https://in.investing.com/equities/al-sagr-national-insurance-co

https://finance.yahoo.com/quote/8180.SR/profile?p=8180.SR

https://www.crunchbase.com/organization/al-sagr-national-insurance

https://www.alsagr.com

Leadership team

Dr. Yasser bin Muhammad Al-Harbi (Managing Director)

Mr. Imad Mahdi Mohammed Awani (Top Key Exec.)

Mr. Shafiq Mansour Al Rumaih (Chief Financial Officer)

Products / Services