Insights

Strategic Growth Walaa is expanding its digital health offerings through a new digital health platform and partnerships with CoverGo, signaling potential for enterprise solutions in health insurance tech, digital claims automation, and platform integrations with healthcare providers.

Digital Transformation Strong emphasis on digital solutions and a multi-vendor tech stack indicates openness to vendor partnerships for cloud, data analytics, customer experience tooling, and modern policy administration systems to improve underwriting and claims efficiency.

Strategic Acquisitions Recent acquisition of Aspire Underwriting Agency and ongoing collaborations imply opportunities to cross-sell distribution, underwriting capabilities, and agency management solutions to a broader Saudi market through Walaa's regional footprint.

Financial Strength A- IFSR, gcAAA GCC rating, and A3 from Moody’s demonstrate solid financial health, making Walaa a credible partner for large-scale technology investments, reinsurance arrangements, and distributed product launches.

Market Positioning Established presence with 70+ retail offices and three regional hubs in Eastern Province provides a platform for regional insurtech services, data partnerships, and localized compliance or regulatory consulting opportunities to expand market share.

Walaa Cooperative Insurance Co. Tech Stack

Walaa Cooperative Insurance Co. uses 8 technology products and services including DoubleClick Floodlight, Umbraco, Microsoft Access, and more. Explore Walaa Cooperative Insurance Co.'s tech stack below.

  • DoubleClick Floodlight
    Advertising
  • Umbraco
    Content Management System
  • Microsoft Access
    Database Management Software
  • jQuery
    Javascript Libraries
  • Windows Server
    Operating Systems
  • Microsoft Windows
    Operating Systems
  • Microsoft Visual Basic for Applications
    Software Development
  • Google Tag Manager
    Tag Management

Walaa Cooperative Insurance Co.'s Email Address Formats

Walaa Cooperative Insurance Co. uses at least 1 format(s):
Walaa Cooperative Insurance Co. Email FormatsExamplePercentage
First.Last@walaa.comJohn.Doe@walaa.com
55%
First@walaa.comJohn@walaa.com
20%
FirstL@walaa.comJohnD@walaa.com
15%
FLast@walaa.comJDoe@walaa.com
10%

Frequently Asked Questions

What is Walaa Cooperative Insurance Co.'s phone number?

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You can contact Walaa Cooperative Insurance Co.'s main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Walaa Cooperative Insurance Co.'s official website and social media links?

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Walaa Cooperative Insurance Co.'s official website is walaa.com and has social profiles on LinkedIn.

How much revenue does Walaa Cooperative Insurance Co. generate?

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As of July 2026, Walaa Cooperative Insurance Co.'s annual revenue is estimated to be $250M - $500M.

What is Walaa Cooperative Insurance Co.'s NAICS code?

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Walaa Cooperative Insurance Co.'s NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does Walaa Cooperative Insurance Co. have currently?

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As of July 2026, Walaa Cooperative Insurance Co. has approximately 772 employees across 5 continents, including AsiaAfricaEurope. Key team members include Chief Executive Officer: J. V.Chief Technical Officer: W. M.Chief Commercial Officer: W. A.. Explore Walaa Cooperative Insurance Co.'s employee directory with LeadIQ.

What industry does Walaa Cooperative Insurance Co. belong to?

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Walaa Cooperative Insurance Co. operates in the Insurance industry.

What technology does Walaa Cooperative Insurance Co. use?

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Walaa Cooperative Insurance Co.'s tech stack includes DoubleClick FloodlightUmbracoMicrosoft AccessjQueryWindows ServerMicrosoft WindowsMicrosoft Visual Basic for ApplicationsGoogle Tag Manager.

What is Walaa Cooperative Insurance Co.'s email format?

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Walaa Cooperative Insurance Co.'s email format typically follows the pattern of First.Last@walaa.com. Find more Walaa Cooperative Insurance Co. email formats with LeadIQ.

When was Walaa Cooperative Insurance Co. founded?

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Walaa Cooperative Insurance Co. was founded in 2007.
Walaa Cooperative Insurance Co. logo

Walaa Cooperative Insurance Co.

InsuranceEastern, Saudi Arabia501-1000 Employees

Walaa Cooperative Insurance Co. operates as an insurer and reinsurer in Saudi Arabia, serving clients across the Kingdom. Headquartered in Al-Khobar in the Eastern Province, the company maintains a network of regional and retail offices to reach customers nationwide. The firm is recognized as one of the leading providers in the Saudi insurance market.

The company holds notable financial strength assessments from international rating agencies, including an A- Insurance Financial Strength Rating from S&P Global Ratings and a gcAAA rating on the GCC regional scale, both with a stable outlook, along with Moody’s A3. In January 2026, Walaa introduced a digital health platform in Saudi Arabia, reflecting its focus on digital solutions to streamline health insurance services.

Section iconCompany Overview

Phone number
Website
walaa.com
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
2007
Employees
501-1000

Section iconFunding & Financials

  • $250M - $500M

    Walaa Cooperative Insurance Co.'s revenue is estimated to be in the range of $250M - $500M

Section iconFunding & Financials

  • $250M - $500M

    Walaa Cooperative Insurance Co.'s revenue is estimated to be in the range of $250M - $500M

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