Al Afaq. Our name makes it clear that we constantly aim towards brighter horizons, where long-term relationships are built and where clients become partners in success. Our company has been registered since 2013 under license number WST/SH/70/201311 at the Saudi Central Bank (SAMA).
Located in Jeddah, Saudi Arabia, our headquarters are home to our professional and dedicated team who make everything happen. We specialize in providing our clients with comprehensive reinsurance solutions while benefiting from our expertise and professional knowledge in every project we undertake.
We pride ourselves to be very connected to our Saudi roots. Being a 100% Saudi-owned company, we make sure all key positions from CEO, along with every other managerial position, are held by experienced, dynamic and hard-working Saudi professionals who are committed to offer young Saudi men and women the opportunity to build a successful career in the reinsurance brokerage field, through various forms of training, coaching and leveraging of the industry's best practice.
We are a boutique Reinsurance Intermediary with a vast experience in the market, and a portfolio of renowned partners and trusting clients. We work alongside our preferred insurance partners helping them analyze their exposure and transfer part of their risk to the reinsurance market, which allows to stabilize their losses, have protection against catastrophes, free up cash flow, in addition to offering more diverse coverage and increasing their capacity to take on new clients without being burdened by the accumulating risks.
In order for the process to be successful, our flexibility and agility as a company enables us to comfortably negotiate terms and conditions, as well as placement of the risk with the best and most appropriate reinsurer thereto.
Our team is our most valuable asset. While they are selected carefully to get the best talent and expertize, we provide continuous soft skill, technical and on the job trainings.
We adopt a positive spirit and young, fresh approach in our business. Our highly-skilled and experienced team works in all integrity and honesty towards answering client requests with utmost professionalism.
They are known for their accountability and punctuality, trustworthiness and vast knowledge of their field of work, their love for challenge and most of all, creative thinking towards adapted and tailored solutions for modern-day issues and inquiries.
We continuously aim to make our core values the main pathway for our employees and motivate our team to give the best.
Contact our team via email or by calling us at +966920001417 to inquire about any questions you may have