Allied Cooperative Insurance Group - Company Profile
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Allied Cooperative Insurance Group (ACIG) is a general insurance company. It offers insurance products for motor, medical, travel, personal accident, home, workmen’s compensation, public liability, marine, and medical malpractice. The company also offers a range of engineering insurance products, which includes contractors' all-risks insurance, erection all-risks insurance, machinery breakdown insurance, and electronic equipment insurance. ACIG also offers property insurance products such as fire and allied perils insurance, property all-risks insurance, and home insurance. These products and services are offered to individuals and corporate customers through a network of branches located in Jeddah, Al Khobar, and Khamis Mushayt. ACIG is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
P.O.Box 40523, Riyadh, 11511
Website
acig.com.sa
Telephone
966 1 14852626
Industry
Financial Services
Ticker Symbol & Exchange
8150 (SAU)
Revenue (2024)
$268.9M
12.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-149.9%
(2024 vs 2023)
Market Cap*
$54.0M
Net Profit Margin (2024)
XYZ
-122.3%
(2024 vs 2023)
* As of and is in US$
Allied Cooperative Insurance Group premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Motor Third-Party Liability Insurance | Claims Services |
| Motor Comprehensive Insurance | |
| Medical Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Allied Cooperative Insurance Group | Arabian Shield Cooperative Insurance Co | Al Sagr Cooperative Insurance Company | Mutakamela Insurance Co | Arabia Insurance Cooperative Company |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Riyadh | Riyadh | Dammam | Riyadh | Riyadh |
| State/Province | - | Riyadh | - | Riyadh | - |
| No. of Employees | - | - | - | 462 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hamad Abdulaziz Almashary | Chief Executive Officer | Senior Management | - | - |
| Tawfeeg Ali Abdullah Alkulli | Chief Financial Officer | Senior Management | - | - |
| Hassan Owadh Al Hazmi | Vice President - Sales and Marketing | Senior Management | - | - |
| Abdulaziz bin Abdullah Al-Zoom | Chairman | Non Executive Board | - | - |
| Yasser bin Mohammad Al-Jarallah | Deputy Chairman | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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