The Company for Cooperative Insurance (Tawuniya) is a Saudi joint-stock company established in 1986 and listed on the Saudi Exchange (Tadawul) under symbol 8010. Headquartered in Riyadh, Tawuniya operates as a multi-line insurance carrier offering cooperative insurance in compliance with Islamic Sharia principles.
The company provides various insurance types including motor, marine, fire, property, health, engineering, aviation, energy, Takaful, and casualty insurance, with over 60 types of insurance products serving retail and corporate clients. Tawuniya employs 722 staff members and reported trailing 12-month revenue of $5.39 billion as of March 31, 2026. The insurer holds a sizable share of the Saudi market with over 4.5 million clients.
Recent Leadership News
Tawuniya was named winner of 'Digital Insurance Innovation Leadership – Saudi Arabia, 2025' by the Global Brand Frontier Awards in December 2025, recognizing its advances in customer-centric digital services, data-driven underwriting, and enterprise technology modernization. The company was also awarded Apprentice Employer of the Year (Large) at the 2025 Chartered Insurance Institute annual Apprenticeship Awards.
Facts compiled by Executive Moves from publicly available news and press releases on 30 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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