SNIC Insurance

SNIC Insurance

General
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Shortlists/Awards 1
Pricing strategy 0
Partners/Competitors 0
Last update: Dec 6, 2024 Last update: Dec 6, 2024
General
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Shortlists/Awards
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Details

Legal residence:Bahrain
Organization type:Financial service provider
Funding agencies:Other, US DoS
Other, United States Department of State (USA)
Sectors:Risk Management (incl. insurance)
Risk Management (incl. insurance)
Sanctions:Check now
Status:
Active

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About

We, SNIC Insurance, have been protecting individuals and businesses with quality insurance coverage and strong commitment to service excellence since 1974. The Company was licensed by Central Bank of Bahrain as Bahraini registered Company in 2006 with a paid-up capital of 10 million Bahraini dinars. In light with the rapidly evolving insurance industry in the Middle East, a strategic transfer of activities to Bahrain was implemented in 2010 and formed Wataniya Insurance Company, an associate company based in the Kingdom of Saudi Arabia. In the 3rd quarter of 2010, Wataniya Insurance Company was fully licensed and registered in the Kingdom of Saudi Arabia managing SNIC previous portfolio in KSA through its Head office in Jeddah and branches located in Riyadh and Khobar (WWW.WATANIYA.COM.SA). SNIC Insurance client’s ranges from a large corporate to individuals and families. While the service needs of each client differ, the one common factor is our high standard of service and adherence to our corporate values.

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