Riyadh – Mubasher: Al Etihad Cooperative Insurance Company has signed a one-year agency agreement with Tadamon for Cooperative Insurance Agency on 6 July.
The contract can be renewed, allowing Tadamon to sell Al Etihad’s individual and corporate products across Saudi Arabia based on the Saudi Central Bank’s (SAMA) instructions, according to a bourse filing on Tuesday.
Al Etihad expected this agreement to reflect positively on its sales volume as of the third quarter (Q3) of 2021.
Last December, the listed firm concluded an agency agreement with Watad National Company for Insurance Agency.