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SAUDI ENAYA COOPERATIVE INSURANCE COMPANY Sumayah AlEidi 200800079
Muneerah AlZamil
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Outline Introduction Background of the Company Vision
SWOT ANALYSIS OF SAUDI ENAYA Assessment on the company’s potential Conclusion
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Introduction This company aims to provide all types of cooperative health insurance Facilities provided by this company includes reinsurance, agencies or representation, correspondence, and meditation The company was established on 29th June 2011 with paid capital of SR 400 million with its value per share as SR 1
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Background of the Company
Saudi Enaya is well finance with paid up investment of SR 400 million It is considered as one of the dedicated health insurance companies in Saudi Arabia The company consists of well qualified and experienced CEO and vigilantly selected executives
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Background of the Company
SAUDI ENAYA PROPOSED CHAIRMAN KHALED AHMED JUFFALI PROPOSED DIRECTORS RAMI KHALID ALI AL-TURKI DR. BELA T. AL-GHAZZAWI FAISAL F. TAMER DR. MICHAEL BITZER DR. CHRISTIAN SCHNEIDER
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About Saudi Enaya Saudi Enaya Saudi Hollandi Capital Company
Lead Manager Financial Advisor Underwriter Hourani and Associates Legal Advisors Ernst Young Saudi Arabia Auditors
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Saudi Enaya Joint Ventures
Saudi Enaya is in sturdy global affiliation with Munich Re and Munich Health, world leaders in reinsurance and health insurance
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Vision The vision of Saudi Enaya is to be one of the leading health insurance companies in Saudi Arabia. Its foundation consists of profitable growth, client centricity, working excellence, financial restraint and considerate people organization.
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SWOT ANALYSIS OF SAUDI ENAYA
STRENGTHS Saudi Enaya consists of encompassing a huge number of obtainable doctors that are covered under the insurance plan, a small deductible and minor out-of-pocket costs for precautionary care WEAKNESSES Weaknesses of Saudi Enaya holds elevated out-of-pocket costs, a small number of available doctors and amenities that are enclosed and a long list of exposed matter OPPORTUNITIES Opportunities contains being able to finance your plan with pre-tax dollars, being able to add extra coverage in the occurrence of a major life-changing illness such as cancer and being able to lower your premiums over time based on consumption THREATS Threats under Saudi Enaya comprises of the prospect of a plan being cancelled for low enrolment, or the possibility of premiums going up due to new changes in legislation
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Assessment on the company’s potential
Saudi Enaya endows the country with social consciousness, employment and healthcare programs. Simultaneously, these compensation represent Saudi Enaya’s obligations to their assorted stakeholders
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Conclusion From clients who anticipate Saudi Enaya to be supported by consistent service and pecuniary strength, to shareholders who expect sustainable significance, to employees who expect exigent and pleasing professions, Saudi Enaya provides such facilities to its customers that it makes its stakeholders very proud
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