KSA

About ADNIC

Der3 is a registered trademark of and is underwritten by Arabian Shield Cooperative Insurance Company which is regulated by the Saudi Central Bank and the Council for Cooperative Health Insurance (CCHI).
Medical, Motor, Property, Engineering, Marine, Liability, Accident, Protection and Savings Insurances are provided for both companies and individuals.

 

Arabian Shield began operations in 1998 when the company, at that time incorporated as a Bahraini Company, was represented in Saudi Arabia by an agent.
The application was made to incorporate a Saudi cooperative insurance company following the licensing and regulation of the insurance industry in Saudi Arabia.

Arabian Shield Cooperative Insurance Company was incorporated in May 2007 as a Saudi Joint Stock Company and was granted a license from Saudi Central Bank in September 2007 to transact general and medical insurance business in Saudi Arabia. The business previously underwritten by the Bahraini company was transferred to Arabian Shield Cooperative Insurance Company which commenced operations on 1 January 2009.

 

The corporate philosophy is to provide security and peace of mind to customers by providing superior insurance coverage supported by a strong reinsurance program, an efficient and fast claims settlement process and excellent customer service and advice.