Who We Are
Buruj Cooperative Insurance Company is a multi-line non-life insurance underwriter licensed by the Saudi Arabian Monetary Authority (SAMA) via Royal Decree No. M-32 dated 02/06/1424H (01/08/2003), and in accordance with SAMA Governor Decision No. 67/431 dated 12/06/1431H (25/05/2010).
Commercial Register No. 1010280606 dated 10/02/1431H. (25/01/2010).
The company underwrites health, and property and casualty insurance including motor, accident, property, liability, marine, engineering, travel, and extended warranty.
Buruj is incorporated in Riyadh, the capital of Saudi Arabia. The company headquarters are located in Riyadh. Buruj operates through regional offices in Riyadh, Jeddah, and Khobar with a wide network of service locations operated directly or through licensed and approved agents.
Paid-up capital is SAR. 300,000,000 as of January 1, 2019.
Buruj is dedicated to satisfying the security needs of individuals and businesses in order to help them manage their everyday risks, recover from unpredicted events, and reach their aspirations.
We will achieve this by establishing long term partnerships that enable us to understand, anticipate, and satisfy their needs, and by providing quality insurance solutions and superior levels of service that meet or exceed their expectations.
Buruj’s vision for the future is to be the security solutions provider of choice. Our success will measured by our clients choosing us because of their belief in our ability to meet or exceed their expectations of services, expertise, price, and value.
Board of Directors
Mr. Yasser Yusuf Naghi
Mr. Khalid Saud Al Hassan
Mr. Ziad Bassam Al Bassam
Mr. Rafat Attiah Salamony
Dr. Zain AlAbdeen Barry
Mr. Adil Abdulla Al Samoum
Mr. Ahmed Mohammed Marzouki
I am pleased to welcome you to Buruj Cooperative Insurance Company.
Buruj continues to achieve its vision and mission day by day. Delivery requires us to create a robust but flexible operating platform capable of delivering growth and profitability under a variety of situations and conditions whilst exercising expected levels of business conduct and social responsibility and this can only be achieved through successful long term relationships with our clients and partners.
Innovation and technology have and continue to play a critical role in creating and delivering our products and services. Artificial intelligence and data will continue to form the foundations of our technology in the foreseeable future.
Despite the challenges posed by operating in an infant industry and a rapidly changing business environment we see tremendous opportunities and rewards for those willing to embark on this journey.
I am proud of what has been accomplished up to date and the work we do. A milestone achieved but more to reach.
Chief Executive Officer