SAICO Insurance
InsuranceRiyadh, Saudi Arabia201-500 Employees
SAICO Insurance, officially the Saudi Arabian Cooperative Insurance Company, is an insurance provider based in Riyadh, Saudi Arabia, with 201-500 employees. The company traces its history to 1952 and is among the Kingdom's first insurers, maintaining a position among the top 10 insurers in Saudi Arabia over the decades. SAICO offers more than 44 licensed products across motor, medical, and general lines, and its specialists craft policies tailored to clients' needs. The firm emphasizes ongoing investment in research and development, particularly in customer service and automation, and operates under the supervision of the Insurance Authority. In 2026, the board accepted the resignation of CEO Abdulrahman bin Saleh Al-Abrah, and in 2023 SAICO signed a bancassurance agreement with Banque Saudi Fransi.