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  1. Mubasher News
  2. Concord Insurance to expand market share in Saudi Arabia

Concord Insurance to expand market share in Saudi Arabia

NOHA.GAD
Sep 4, 2024
Concord Insurance Brokerage plans to expand its businesses and market share across Saudi Arabia

Riyadh - Exclusive Sharikat Mubasher: Concord Insurance Brokerage, a key player in the Saudi insurance landscape, plans to increase its market share and expand its businesses to cover all Saudi cities, Haitham Qadri, Deputy General Manager for Administrative Affairs and Internal Control, revealed in an interview with Sharikat Mubasher on the sidelines of 24 Fintech summit.

He noted that the company adopts the leading-edge technologies in the insurance brokerage industry to keep pace with the latest advancements.

Qadri noted that Concord Insurance Brokerage has become one of the key players in the insurance sector throughout the past seven years, triggered by its dedication to adding value, enhancing customers’ experience, and meeting the needs of the Saudi market.

With branches across the Eastern Western and Central regions and over 150 employees, Concord Insurance Brokerage offerings include medical insurance, vehicle insurance, property insurance, and Money and fidelity insurance.

Concord Insurance Brokerage, founded in 2016, provides best-in-class services, including risk assessment, innovative solutions, proposing necessary coverages, and issuing policies from the top credible insurance firms.

24 Fintech takes place in Riyadh from 3 to 5 September, with the participation of more than 300 exhibitors and over 350 investors. It gathers regulatory bodies, policymakers, investors, technology experts, and industry leaders from around the world.

It serves as a platform for global thought leaders across finance, policy, technology, investment, and academia to discuss several topics, including, fintech regulation and governance, artificial intelligence and machine learning in financial operations, financial inclusion, cybersecurity and big data, embedded finance, and more.

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