Najm Company for Insurance Services

Najm Company for Insurance Services is a closed, unlisted joint stock company established in 2007 as the result of cooperation between the Saudi Central Bank (SAMA) and the General Department of Traffic. The company aims to promote the vehicle insurance sector in the Kingdom of Saudi Arabia. Najm offers a comprehensive range of services including accident review, damage assessment, and insurance claims. In addition, it provides minor accident review for vehicles insured in Saudi Arabia and serves 40 Saudi cities through a skilled workforce specialized in reviewing accidents and addressing consequent losses, damages, compensations, claims, and other insurance-related services.

With the emergence of Vision 2030 and its ambitious targets, Najm continued the pursuit of its development journey in line with two of the Vision’s key programs. The company achieved a comprehensive digital transformation across all its services and also focused on developing and enhancing the quality of life in the Kingdom. Najm restructured its entire work strategy by adopting world-class professional and marketing standards to develop a work model parallel to the Vision’s targets. Over the past few years, Najm achieved a series of accomplishments and seized a number of international accolades, strengthening its position as a beacon of excellence within the insurance services industry.

Najm represents a significant player in the Insurance and Insurtech industries and operates from its headquarters in Saudi Arabia. With no available information regarding its last investment or investors, Najm showcases stability and potential within the sector, especially given its alignment with the ambitious goals set forth by Vision 2030.