SNIC AT GLANCE

We, SNIC Insurance, formerly known as Saudi National Insurance Company, 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.

RATING

Financial strength rating of B+ (Good) and an issuer credit rating of “BBB-” as assigned by A.M. Best.

OUR PURPOSE

Our purpose is to ‘go beyond’ – which is more than just superior service – it is meant to embody an attitude where we want to do more, innovate to find better solutions and engage with customers to ensure they are getting the best possible experience. Going beyond is constantly referenced in our performance, in our objectives and aspirations, and in the work we do. We are constantly linking behaviors to our purpose and values.

WHAT WE DO

We look to create real value for our clients and distinguish ourselves from conventional customer servicing and claims administration. We tailor our approach to suit each client's individual needs ensuring we achieve the best possible outcome. Leading the way with Industry Best Practice we continually exceed our customer expectations and push the boundaries with our unique and innovative approach.

OUR VISION

To empower people and corporations by covering their risks with the most innovative and meaningful solutions, delivered with a human touch.

OUR MISSION

We are committed to the relentless pursuit of excellence, while acting in an ethical, transparent and responsible manner to exceed customer expectations.

OUR VALUES