Saudi Brokers Information

Furthermore, it is one of the first brokers to be licensed by the Saudi Arabian Monetary Agency (SAMA) which was given in 2006. Prior to the regulation of the Insurance Market, there was very little awareness about insurance and its importance among people and organizations. Although there were insurance companies in Saudi Arabia, there were many cases of them taking advantage of clients and their lack of understanding of the policies. Back in the early 1980s there were no insurance brokers in the Kingdom to advise and ensure the client understands the ins and outs of insurance policies. Recognizing that there was a gap in the market that needed to be bridged, Saudi Brokers was established in 1980. Starting off with a handful of employees working out of a single office in Al Khobar, Saudi Brokers has grown to have a team of over 80 insurance professionals and is one of the most reputable insurance and reinsurance brokers operating in Saudi Arabia. Having experience in all lines of business, Saudi Brokers is able to assist you in finding the right coverage for your insurance needs. With our Head Office located in Al Khobar and regional offices in Riyadh and Jeddah, we are able to provide the necessary care and service to all of our clients. Our Purpose