Top 13 Insurance Companies in Riyadh (2026)
Compare leading insurers serving Riyadh, from health insurance specialists and cooperative protection providers to motor and business insurance companies.
Explore the top 13 companies ↓Insurance companies serving Riyadh
Riyadh residents and businesses can compare Saudi cooperative insurers offering medical, motor, property, protection and commercial policies. This directory focuses on insurers rather than brokers or price-comparison platforms. Some providers are headquartered outside Riyadh but serve customers in the capital.
How the list is ordered: The leading entries broadly follow published 2025 Saudi insurance revenue, followed by additional relevant insurers serving Riyadh. This is not a regulator-issued ranking, customer satisfaction score or financial-strength assessment.
Top 13 insurance companies in Riyadh
Search for a provider or filter by its main coverage profile. Every company includes a practical comparison tip and a direct link to its website.
Showing 13 companies
Tawuniya
Health, motor, property and business
A major Saudi cooperative insurer offering a broad portfolio for individuals, families and businesses. Its scale makes it a useful starting point for comparing health, motor and corporate cover.
Bupa Arabia
Individual and employer medical insurance
A specialist medical insurer serving employers and individuals across Saudi Arabia. It is particularly relevant when comparing employer health plans and provider networks.
Al Rajhi Takaful
Cooperative motor, medical and protection
A cooperative insurance provider associated with the Al Rajhi brand, offering protection solutions across personal and commercial needs.
MEDGULF
Medical, motor and general insurance
A longstanding Saudi insurance provider with health and general insurance offerings. Its mix of products makes it relevant to both corporate purchasers and households.
Walaa Insurance
Motor, medical and business risks
A cooperative insurer offering personal and commercial protection, including motor-related services for customers in Riyadh.
Arabian Shield
Health, motor, general and protection
A Riyadh-headquartered cooperative insurer with medical, general and protection products. It can be relevant for companies seeking multiple insurance lines.
Wataniya Insurance
Motor, medical and general insurance
A Saudi insurer with a Riyadh office and a range of insurance products for retail and commercial customers.
Gulf Insurance Group (GIG Saudi)
Medical, motor and commercial protection
Part of a regional insurance brand, serving Saudi customers with a range of personal and business insurance options.
SAICO
Medical, motor and commercial insurance
The Saudi Arabian Cooperative Insurance Company offers insurance across multiple lines, including healthcare and business-related risks.
Malath Insurance
Motor, medical and general insurance
A Saudi cooperative insurer with a diversified product offering and a presence in the Riyadh market.
Al-Etihad Cooperative Insurance
Medical, motor and corporate insurance
A Saudi insurer with Riyadh customer-facing operations, offering insurance for individuals and businesses.
Liva Insurance
Motor, medical and commercial insurance
A Saudi insurance brand providing personal and commercial cover and relevant to shoppers comparing established multi-line providers.
Aljazira Takaful
Protection, savings and cooperative insurance
A Saudi cooperative insurer with a focus on takaful-style protection and savings solutions.
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Compare Riyadh insurance providers at a glance
Use the table as a shortlist, then request quotations and review the full policy wording before buying.
| Company | Primary profile | Common coverage areas |
|---|---|---|
| #1 Tawuniya | Multi-line | Health, motor, property and business |
| #2 Bupa Arabia | Health | Individual and employer medical insurance |
| #3 Al Rajhi Takaful | Takaful | Cooperative motor, medical and protection |
| #4 MEDGULF | Multi-line | Medical, motor and general insurance |
| #5 Walaa Insurance | Multi-line | Motor, medical and business risks |
| #6 Arabian Shield | Multi-line | Health, motor, general and protection |
| #7 Wataniya Insurance | Multi-line | Motor, medical and general insurance |
| #8 Gulf Insurance Group (GIG Saudi) | Multi-line | Medical, motor and commercial protection |
| #9 SAICO | Multi-line | Medical, motor and commercial insurance |
| #10 Malath Insurance | Multi-line | Motor, medical and general insurance |
| #11 Al-Etihad Cooperative Insurance | Multi-line | Medical, motor and corporate insurance |
| #12 Liva Insurance | Multi-line | Motor, medical and commercial insurance |
| #13 Aljazira Takaful | Takaful | Protection, savings and cooperative insurance |
How to choose an insurance company in Riyadh
Start with the exact risk you need to insure. For medical insurance, check whether your preferred hospitals and clinics are in network, whether preauthorisation is required and how dependants are covered. For motor insurance, compare third-party versus comprehensive cover, deductibles, approved repair networks and claims processes.
Businesses should review exclusions, liability limits, business interruption wording and any sector-specific requirements. Price alone rarely captures the differences between two policies. Confirm the insurer’s current licence on the Saudi Insurance Authority register.
Frequently asked questions
Which insurance company is best in Riyadh?
There is no single best insurer for everyone. Compare the type of coverage, policy limits, price, network, exclusions and claims process. This list is a research starting point, not a customer-satisfaction ranking.
Which are the largest insurance companies serving Riyadh?
By 2025 insurance revenue, Tawuniya, Bupa Arabia and Al Rajhi Takaful were among the largest insurers in Saudi Arabia. Nationwide size is not a measure of local service quality.
Are all these companies headquartered in Riyadh?
No. The guide includes companies that serve customers in Riyadh, including insurers headquartered elsewhere in Saudi Arabia.
What is cooperative insurance in Saudi Arabia?
Saudi insurance operates under a cooperative insurance framework. Products and contractual arrangements vary by provider, so always read the policy documents.
Which companies focus on medical insurance?
Bupa Arabia is especially associated with health insurance; Tawuniya, MEDGULF, Al Rajhi Takaful and several others also offer medical products.
Can expatriates purchase health insurance in Riyadh?
Coverage depends on employment, residency status, eligibility and the insurer’s plan. Employers commonly arrange medical insurance; confirm the rules applicable to your circumstances.
What should I check before buying motor insurance?
Compare third-party versus comprehensive cover, deductibles, exclusions, approved repair networks, replacement-car benefits and claims requirements.
How do I verify an insurer is licensed?
Consult the Saudi Insurance Authority’s current licensed-companies register rather than relying solely on an online directory.
Are these rankings based on customer reviews?
No. The order broadly follows published 2025 Saudi insurance revenue where available, with additional providers included for local relevance. It does not measure satisfaction or claims outcomes.
Should I buy directly from an insurer or use a broker?
Both can be valid options. Brokers compare policies across providers; direct purchase may simplify communication. Confirm the intermediary’s licence and the insurer named on the policy.
Research sources and image credits
Company profiles are editorial summaries, not personalised insurance recommendations. Verify product availability and eligibility directly with each insurer.
- Saudi Insurance Authority — licensed companies
- Atlas Magazine — Saudi insurer 2025 revenue table (published May 2026)
- Argaam — Saudi-listed insurance companies
- Photography: Unsplash — free-use image licence. Photographs are illustrative and do not depict insurers’ premises.