PROFILE
About CIC
Welcome to Cooperative Insurance Company (CIC), your premier boutique insurance and risk management consultancy firm serving clients in Saudi Arabia, UAE, and across the MENA region.
At CIC, we are dedicated to providing comprehensive advisory services that range from traditional insurance solutions to modern, sophisticated packages tailored to your specific needs.
Why Choose CIC in Saudi Arabia, UAE, and the MENA Region?
CIC is the trusted partner of several companies and governmental institutions in insurance and risk management. As an independent entity, we maintain our commitment to serving your best interests, free from any external influence. Our deep-rooted expertise and extensive network allow us to seamlessly connect with the leading regional and international insurance markets, ensuring that you receive the most competitive and innovative solutions available.
Our Mission: Empowering Your Insurance Program
At CIC, our mission is simple yet impactful: to empower you with enhanced visibility and control over your insurance program. In Saudi Arabia, UAE, and the broader MENA region, insurance needs can vary greatly depending on industry, location, and evolving market conditions.
That’s where CIC steps in, offering expert guidance to help you navigate the complexities of insurance.
Key Services in Saudi Arabia, UAE, and the MENA Region
- Tailored Solutions
Our team crafts insurance packages that align
perfectly with your unique requirements, ensuring
that you receive precisely the coverage you need,
no more and no less. - Risk Management
We specialize in identifying, assessing, and
mitigating risks specific to your business or
personal circumstances, safeguarding your
assets and interests. - Compliance and Regulations
Staying compliant with insurance regulations in
Saudi Arabia, UAE, and the MENA region is
essential. CIC keeps you up to date and helps
you maintain compliance with all relevant laws. - Claims Support
When the unexpected occurs, our team is by
your side, advocating for your best interests
during the claims process, ensuring a smooth
and efficient resolution. - Insurance Market Insights
We provide valuable insights into the dynamic
insurance landscape of Saudi Arabia, UAE, and
the MENA region, enabling you to make informed
decisions. - Customer-Centric Approach
Your satisfaction is our priority. We are dedicated
to delivering exceptional service and building
lasting relationships with our clients.
CIC is not just an insurance provider; we are your dedicated partner in securing your future. Whether you are a business owner, a homeowner, or an individual seeking comprehensive insurance solutions, our team is here to support you every step of the way.
Discover the peace of mind that comes with having CIC on your side. Contact us today to explore how we can tailor insurance and risk management solutions that are right for you.
History
A Rich Legacy in Insurance and Risk Management in Saudi Arabia, UAE and the MENA Region
In 1986, the Cooperative Insurance Consultancy Co. Ltd. (CIC) embarked on its journey in
the Kingdom of Saudi Arabia, marking a significant milestone in the region’s insurance
landscape. Founded by our esteemed President, Robert J. Bahou, CIC emerged as a
visionary force in the Middle East’s insurance and government-related insurance affairs.
Our Founder’s Expertise
Robert J. Bahou is widely regarded as one of the foremost authorities on insurance in the Middle East, with a deep understanding of governmentrelated insurance matters.
His leadership and insights have been instrumental in shaping CIC’s strategy and establishing it as a reputable name in the industry.
Pioneering Risk Management and Consultancy Solutions
From its inception, CIC was driven by a vision: to provide professional risk management and insurance consultancy solutions that would redefine industry standards in Saudi Arabia and the Region. Over the years, we have transformed this vision into a reality, and today, CIC stands as a market leader in the MENA region.
Partnering with Governments, Corporations, and More
Robert J. Bahou is widely regarded as one of the foremost authorities on insurance in the Middle East, with a deep understanding of governmentrelated insurance matters.
His leadership and insights have been instrumental in shaping CIC’s strategy and establishing it as a reputable name in the industry.
Key Services in Saudi Arabia, UAE, and MENA
- Insurance Solutions
We provide a wide range of insurance solutions tailored to the specific needs of our clients, delivering comprehensive coverage and peace of mind.
- Enterprise Risk Management
Our enterprise risk management expertise helps organizations proactively manage risks, optimize opportunities, and achieve their strategic objectives.
- Loss Mitigation
CIC specializes in loss mitigation strategies, helping clients minimize the impact of unforeseen events and safeguard their operations.
A Commitment to Excellence
Throughout our history, CIC has upheld a commitment to excellence in all aspects of our work. We prioritize integrity, innovation, and client centricity, ensuring that our clients receive the highest level of service and support.
A Bright Future Ahead
As we reflect on our remarkable journey, we are excited about the future. CIC remains dedicated to pioneering new approaches to risk management and insurance consultancy. With our roots firmly planted in Saudi Arabia and our reach extending across UAE and the MENA region, we look forward to continuing our mission of empowering organizations and individuals with the tools they need to thrive in this rapidly changing landscape.
WE HAVE THE SOLUTION FOR YOU.
Contact CIC today to discover how our legacy of excellence can benefit you and your organization. Together, we create a more secure and prosperous future.
Our Presence
CIC 360
As organizations expand across a more globalized world their insurance and risk management requirements expand considerably with them.
Increasingly sophisticated, mulit-layered, and cross geographic insurance programs now require agile, dynamic, and effective
servicing solutions to deal with multiple global stakeholders.
CIC 360 was created with these clients in mind.
Based in the UK, CIC 360 is a full spectrum solution carefully developed over a decade internally for clients that offers a different set of benefits from traditional brokerage services.
It fills servicing gaps, centralizes decision-making, and optimizes terms and prices for clients by dealing with carefully curated global partners (brokers, insurers, reinsurers, lawyers, etc.) willing to contribute to client specific global solutions.
Our Locations
Kingdom of Saudi
Arabia, Jeddah
Jeddah, Al-Faisaliah District, Prince Mohammad Bin Abdulaziz Street, Al Joul Building, 2nd Floor, Office No – 203 -204
T +966 56 864 4470
Kingdom of Saudi
Arabia, Riyadh
P.O. Box 27754, Riyadh 11427, Salahuddin Ayoubi Street (Siteen Street), Behind Bank Al Jazirah, Al Malaz
T +966 11 4554094