- Business
- Mutakamela Insurance Company delivers a diverse array of insurance solutions to both corporate and individual clients across the Kingdom of Saudi Arabia. The company's comprehensive offerings include motor vehicle protection, health coverage, engineering and liability policies, as well as property and casualty insurance, encompassing risks like fire, burglary, and marine transport. Additionally, it provides credit, fidelity guarantee, and various protection and savings products, including group life plans and individual retirement schemes. Established in 2007, the company was formerly known as Allianz Saudi Fransi Cooperative Insurance Company, adopting its current name in November 2024. Mutakamela Insurance Company operates under the cooperative insurance model and is headquartered in Riyadh, Saudi Arabia, now as a subsidiary of Abu Dhabi National Insurance Company following an acquisition in April 2024.