Buruj Cooperative Insurance Company

Buruj Cooperative Insurance Co. is a multi-line non-life insurance underwriter based in Riyadh, Saudi Arabia. Licensed by the Saudi Central Bank and monitored by the IA, it underwrites health, property, and casualty insurance, including motor, accident, liability, marine, and engineering. Established in 2009 and with a paid-up capital of SAR 300,000,000 as of January 1, 2019, the company operates through regional offices in Riyadh, Jeddah, and Khobar, as well as a wide network of service locations operated directly or through licensed agents. With a slogan that emphasizes providing all insurance needs at reasonable prices and high quality for both individuals and businesses, Buruj appears to be catering to a wide market. However, no specific information is available regarding the last investment or investors involved. The company's positioning in the industries of Finance, Health Care, and Insurance showcases its diversified operational scope. If Buruj continues to leverage its strategic location and capitalize on the significant capital to expand its market presence through innovation and customer-centric solutions, it could potentially attract interest from venture capital firms seeking investment opportunities in the insurance sector.