What Does GULF GENERAL COOPERATIVE INSURANCE CO. Do?

Total employees233
HeadquartersRiyadh
Founded2008

Gulf General Cooperative Insurance Company (GGI), also known as AlKhaleej General, is a Saudi joint stock company established in 2009, operating under Commercial Registration No. 1010256623. It is licensed by the Saudi Central Bank (SAMA) to provide a wide range of cooperative insurance services across Saudi Arabia. These services include general insurance (such as property, motor, engineering, marine, aviation, liability, and accident) and protection & savings insurance products. GGI is committed to offering innovative and reliable insurance solutions to both individual and corporate clients, focusing on customer satisfaction, operational excellence, and contributing to the growth and development of the Saudi insurance sector. The company is listed on the Saudi Stock Exchange (Tadawul) under the symbol 8260.

Where Is GULF GENERAL COOPERATIVE INSURANCE CO.'s Headquarters?

HQ Function

The headquarters serves as the central command for Gulf General Cooperative Insurance Company's operations, housing key corporate functions including executive management, strategic planning, underwriting policy, claims management oversight, finance, human resources, IT, and compliance.

Notable Features:

Situated in the Al Olaya district, a prominent business area in Riyadh, the headquarters is located in a modern office building. While specific architectural details are not widely publicized, its location signifies its strong presence within the Saudi financial services industry.

Work Culture:

The work culture at GGI's headquarters is expected to be professional, results-oriented, and collaborative, with a strong emphasis on ethical practices and adherence to regulatory standards set by SAMA. It likely fosters an environment focused on customer service, risk management, and continuous improvement.

HQ Significance:

The Riyadh headquarters is crucial for GGI as it anchors its operations in Saudi Arabia's primary economic center. Its location facilitates direct engagement with regulatory authorities, major corporate clients, financial institutions, and other key stakeholders in the Kingdom's insurance market.

Values Reflected in HQ: The headquarters' prime location and professional environment reflect GGI's commitment to stability, transparency, customer trust, and its role as a significant player in the Saudi insurance sector.

Location:

Gulf General Cooperative Insurance Company's primary operational focus is within the Kingdom of Saudi Arabia. While the company engages with international reinsurers and may have global partnerships essential for its insurance and investment activities, its direct customer-facing branches and services are concentrated within Saudi Arabia. It does not currently maintain a network of physical office locations outside the KSA.

Street Address:

King Fahd Road, Al Olaya

City:

Riyadh

State/Province:

Riyadh Province

Country:

Saudi Arabia

Where Else Does GULF GENERAL COOPERATIVE INSURANCE CO. Operate Around the World?

Jeddah, Makkah Province, Saudi Arabia

Address: King Fahd Road, Al Faisaliah District, Jeddah

To cater to the significant commercial and individual insurance market in Jeddah, Saudi Arabia's second-largest city and a major Red Sea port, ensuring accessible and localized services for GGI's clients in the region.

Al Khobar, Eastern Province, Saudi Arabia

Address: King Faisal Road, Al Bandariyah, Al Khobar

To provide tailored insurance solutions and dedicated support to the economically crucial Eastern Province, addressing the specific risk management requirements of its diverse industries and population in Dammam, Khobar, Dhahran, and surrounding areas.

Buying Intent Signals for GULF GENERAL COOPERATIVE INSURANCE CO.

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading GULF GENERAL COOPERATIVE INSURANCE CO.? Meet the Executive Team

As of April 2025, GULF GENERAL COOPERATIVE INSURANCE CO.' leadership includes:

Mr. Saud Abdullah Al-Rajhi - Chief Executive Officer
Mr. Ahmed Mohamed Al Jasser - Chief Financial Officer
Mr. Fahad Sulaiman Al Ghofaily - Chief of General Insurance
Mr. Abdulaziz Abdullah Al Sabhan - Chief of Protection & Saving Insurance
Mr. Saleh Abdulrahman Al Theeb - Chief of Information Technology
Mr. Badr Abdulaziz Al Shammari - Chief of Human Resources

Who's Investing in GULF GENERAL COOPERATIVE INSURANCE CO.?

GULF GENERAL COOPERATIVE INSURANCE CO. has been backed by several prominent investors over the years, including:

Abd Al Rahman Saad Al Rashid and His Sons Company
Abd Al Qadir Al Muhaidib and His Sons Company
General Organization for Social Insurance (GOSI)
Fawaz Mohammed Al Khater

What Leadership Changes Has GULF GENERAL COOPERATIVE INSURANCE CO. Seen Recently?

Hire1
Exits1

The most significant executive leadership transition for Gulf General Cooperative Insurance Company in the recent period involved a CEO change in May 2023. Mr. Saud Abdullah Al-Rajhi was appointed as the new CEO, succeeding Mr. Raad Al-Tamimi. No other major C-suite hires or exits have been publicly announced in the subsequent 12 months (approximately June 2023 - June 2024).

Departures

Mr. Raad Al-Tamimi, Mr. Raad Al-Tamimi resigned from his position as Chief Executive Officer.

New Appointments:

Mr. Saud Abdullah Al-Rajhi, Mr. Saud Abdullah Al-Rajhi was appointed as the new Chief Executive Officer.

What Technology (Tech Stack) Is Used byGULF GENERAL COOPERATIVE INSURANCE CO.?

Discover the tools GULF GENERAL COOPERATIVE INSURANCE CO. uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

GULF GENERAL COOPERATIVE INSURANCE CO. Email Formats and Examples

Gulf General Cooperative Insurance Company likely utilizes standard corporate email formats for its employees. These formats commonly involve a combination of the employee's first name and last name, or an initial followed by the last name, preceding the '@gulfgeneral.com' domain.

[first_initial][lastname]@gulfgeneral.com or [firstname].[lastname]@gulfgeneral.com

Format

s.alrajhi@gulfgeneral.com

Example

80%

Success rate

What's the Latest News About GULF GENERAL COOPERATIVE INSURANCE CO.?

ArgaamJune 11, 2024

Gulf General gets SAMA nod for SAR 250 mln capital hike via rights issue

Gulf General Cooperative Insurance Co. obtained the Saudi Central Bank’s (SAMA) approval for a capital increase of SAR 250 million through a rights issue. The company stated it will proceed to fulfill other regulatory requirements and convene an extraordinary general meeting (EGM) to seek shareholder approval for the capital hike and amend its bylaws accordingly....more

ArgaamMay 8, 2024

Gulf General posts SAR 10.1M net profit in Q1 2024

Gulf General Cooperative Insurance Co. (Gulf General) reported a net profit of SAR 10.1 million for the first quarter of 2024. This marked a significant increase compared to the SAR 1.6 million net profit recorded in the same quarter of the previous year. The insurer attributed this strong performance primarily to higher net underwriting results and improved investment income....more

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