Tawuniya: Outstanding Contribution to Social Impact KSA 2020
Founded in 1986, Tawuniya was the first insurance company to be licensed under Saudi Arabia’s Co-operative Insurance Companies Control Law. Tawuniya is headquartered in Riyadh, a global financial hub and the capital city of the Kingdom of Saudi Arabia (KSA). Over the past three decades, the company has helped to establish the national insurance market while making consistent contributions to the country’s social welfare and economic prosperity. Tawuniya is particularly proud of its latest collaboration with the Saudi Ministry of Health to establish and operate testing centres in response to the Covid-19 pandemic. It has designed, built and covered all of the expenses for 21 drive-through testing centres, with a capacity of more than 8,000 visitors and up to 20,000 tests daily. Tawuniya offers clients peace of mind during fair weather and a safety net when times get choppy, with a product line-up including over 60 types of insurance, from medical and auto to property, travel and liability. It was among the first Saudi companies to set governance guidelines rooted in international best-practice and good corporate citizenship. It has developed a four-pillar CSR strategy that targets health, safety, productivity and the environment. Tawuniya supports a free dialysis programme and organises awareness-raising campaigns for preventative healthcare, financial literacy and driver safety. It organises blood drives, charity donations and last year introduced the Safe Houses initiative, sponsoring home renovations for poor families. The work ensures safe and dignified living conditions, and includes painting, plumbing, and electrical maintenance. Families are provided with appliances, furniture and safety equipment, and a workforce of volunteers pitches in by donating their time, skills and labour. The CFI.co judging panel congratulates Tawuniya, a repeat winner, on its latest accolade: the 2020 award for Outstanding Contribution to Social Impact (KSA).
