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  2. Al Futtaim’s Orient Insurance expands footprint in Saudi Arabia

Al Futtaim’s Orient Insurance expands footprint in Saudi Arabia

NOHA.GAD
Dec 25, 2024
Al Futtaim’s Orient Insurance opened its Riyadh office to expand its footprints in Saudi Arabia

Riyadh - Sharikat Mubasher: Orient Insurance, the highest-rated insurer in the region and a member of Al Futtaim Group, officially inaugurated its office in Riyadh to expand operations into Saudi Arabia.

With an A+ S&P and an A+ AM Best rating, Orient will deliver tailored insurance solutions to individuals, businesses, and government entities, aligning with the Kingdom’s rapid growth and transformative vision, the company announced in a statement.

This expansion reflects Al-Futtaim’s commitment to strengthening Orient’s regional presence and supporting evolving customer needs with trusted, forward-thinking solutions.​

Omer Elamin, President of Orient Insurance, said: “Orient’s expansion into the kingdom is a strategic move that will not only strengthen business and portfolio resilience by diversifying our geographical footprint, but it will also allow us to leverage decades of expertise in delivering customer-centric insurance solutions to meet the diverse and evolving needs of Saudi Arabia.”

He emphasized that Saudi Arabia magnets global investors and talent, thanks to its strategic economic diversification efforts and numerous megaprojects.

Orient Insurance offers conventional and bespoke products for corporates and individuals. It plays a major role as an insurer in the growth of the regional economy through its innovative products.

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Saudi Arabia
Insurance
Expansion
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