
COOPERATIVE INSURANCE CONSULTANCY CO. LTD.
COOPERATIVE INSURANCE CONSULTANCY CO. LTD is based in Saudi Arabia since 1986 and served numerous clients in KSA and abroad.
CIC Is an independent risk and insurance advisory firm offering its clients unbiased advice and solutions on risk and insurance programs and related elements. Fully licensed by SAMA as a advisor/consultant, is able to represent its clients at SAMA dispute committees.
Leading risk advisor to the private sector in KSA, serving or having served organizations such as ALJ, Savola Group, Bank Al Bilad, Astra Group, Aramco, SEC, SABIC, Astra Group, etc., and lenders such as NCB, SAMBA, SABB, Saudi Fransi Bank and other financial groups.
CIC is the leading risk advisor to the government and public sector in Saudi Arabia, served entities such as the Saudi Ministry of Labor, The Royal Commission for Jubail & Yanbu, various chambers of commerce across Saudi Arabia, etc. and has a professional indemnity policy for 5 M USD within the group.
Employs most qualified technical team in KSA (FCIIs, ACIIs, CIPs, etc.)
Strong technical and commercial insight on all types of insurance, with particular and unique knowledge on corporate insurance management and risk management techniques.
Unique value proposition, combining the independent and technical benefits of a pure consultant with servicing capabilities.
Advised on and managed entire risk management and insurance program from financing, to pre planning, construction, and rollover.
Lenders' Insurance advisor on mega real estate development project in Saudi Arabia and Abroad.
Creation, Organization, and Management of affinity insurance program to manage risk exposures from borrowers and analyze risk mitigation mechanisms employed by the borrowers.
Advice on entire risk and insurance program of Mega Construction projects by implementing Owner Controlled Insurance Program.