Founded in May 2008, United Cooperative Assurance (UCA) is a Saudi joint-stock company that launched operations in January 2009 with a paid-up capital of SAR 400 million. UCA’s heritage is built on more than 35 years of insurance expertise, inherited from its principal shareholder, UCA Insurance Company, which stood among the Kingdom’s pioneering institutions in the industry.
About
UCA
35+ years of experience in the Saudi Insurance Sector.
Our Vision
To lead the market with innovative, sustainable insurance solutions that support the Kingdom’s development and meet our client’s aspirations.
Our Mission
To foster a professional insurance environment that empowers Saudi talent, delivers smart, customer-focused experiences, and forges strategic partnerships with regulators, brokers, and global reinsurers—underpinned by robust governance and sustainability.
Enduring Values, Lasting Trust
Our Values:
Our Values:
(1)
Quality
We earn our success through the ongoing trust of our clients. Many partners choose us because we stand out by delivering high-quality insurance products at competitive prices. Our team brings specialized expertise to meet your precise needs, ensuring excellence is woven into every product and every client experience.
(2)
Commitment
Our work is guided by the highest ethical and professional standards. We safeguard our stability and credibility, keeping these principles as the cornerstone of our promise to deliver knowledge and expertise—no matter how complex the challenge.
(3)
Empowerment
We believe in investing in our people. We create a work environment filled with opportunity, fairness, and continuous growth. Our employees are empowered to develop professionally and personally, and we work as one team to achieve our shared goals.
(4)
Connection
We view open, dynamic communication as an essential pillar for building enduring relationships with our clients and employees. We are committed to delivering clear, transparent information through reliable, responsive channels—strengthening trust at every step.
Our
Leadership
Mr. Khalid Hussein Ali Reza
Chairman
Eng. Mohammed Mohammedsaid Basrawi
Chief Executive Officer
To explore our full leadership structure,
download our company profile below.
Download Company Profile
download our company profile below.
Shareholder
Affairs
The Shareholder Affairs Unit at United Cooperative Assurance is dedicated to providing relevant services to the shareholders and responding to their inquiries regarding share and dividend information.
You can communicate with the Shareholder Affairs Unit by contacting:
Phone: 012 2609200 Ext. 2500Fax: 012 6068622
P.O. Box: 2041 Riyadh 11491
Email: Shareholder.affairs@uca.com.sa
Reports
Governance
UCA’s governance framework establishes clear roles for shareholders, stakeholders, executive management, and the board of directors, enhancing transparency and supporting sustainable growth.