Buruj Cooperative Insurance Company is a Saudi joint-stock company licensed and supervised by the Saudi Central Bank (SAMA). Established on December 27, 2009, the company provides a wide range of insurance products covering property, vehicles, accidents, liability, transportation, engineering, travel, and specialized insurance extensions.
On February 15, 2010, the company was listed on the Saudi Stock Exchange (Tadawul) under number 8270 and the name Buruj, with ISIN SA12CG541714. The company has a share capital of SAR300 million and is headquartered in Riyadh City.
Operations extend across regional offices in Riyadh, Jeddah, and al-Khobar, supported by a network of licensed agents, service centers, and an online digital platform.
Personal Insurance
Buruj Cooperative Insurance Company provides personal insurance solutions designed to protect individuals against risks:
- Motor Insurance: Comprehensive coverage for death, bodily injuries, or property damage. Policies can be extended to include personal accident coverage or additional vehicles not previously listed. The company also offers compulsory motor insurance covering third-party liability in traffic accidents.
- Medical Malpractice Insurance: Protection against claims involving bodily or mental injury, illness, or death resulting from negligence or malpractice by healthcare providers.
- Travel Insurance: Coverage valid from departure from the Kingdom of Saudi Arabia until return, protecting travelers against unforeseen events.
- Home Insurance: Protection against house damage and losses due to unexpected incidents.
These products aim to deliver security and peace of mind to individuals in both daily life and exceptional circumstances.
Business Insurance
The company also offers a wide array of business insurance programs tailored for corporations, industries, and institutions:
- Workers’ Compensation Insurance
- Property Insurance
- Dishonesty Insurance
- Factory Installation Risk Insurance
- Electronic Equipment Insurance
- Refrigerated Inventory Damage Insurance
- Machinery Insurance
- Cargo Insurance
- Group Health Insurance (Unified Policy)
- Group Life Insurance
- Contractors’ Risk Insurance
- Contractors’ Equipment and Machinery Insurance
- Professional Indemnity Insurance
- Loss of Profit due to Machinery Breakdown Insurance
- Group Personal Accident Insurance
- Public Liability Insurance
- Boiler and Pressure Vessel Insurance
Through these products, Buruj Cooperative Insurance Company supports commercial enterprises and industrial clients, ensuring continuity of operations while mitigating financial risks.
Market Role
As a publicly listed company on Tadawul (8270), Buruj Cooperative Insurance Company contributes significantly to Saudi Arabia’s insurance sector. With its diverse portfolio of personal and business insurance solutions, regulatory compliance under SAMA, and nationwide presence, the company plays a central role in supporting both individual customers and corporate entities.
