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).

marten

Recent Posts

Dubai World Trade Centre: Champion of Global Business and Trade Ecosystems EMEA 2025

For over four decades, Dubai World Trade Centre (DWTC) has been a cornerstone of Dubai’s…

4 days ago

Krungthai Bank PCL: Best Social Impact Bank Thailand 2025

Krungthai Bank PCL plays a pivotal role in driving sustainable economic and social development in…

1 week ago

Région Île-de-France: Best Green Bond Thought Leadership Team Global 2025 & Best in Class Bond Issuer Global 2025

Région Île-de-France demonstrates a steadfast commitment to sustainable finance, playing a pioneering and influential role…

4 weeks ago

Spectrum Asset Management: Excellence in Preferred Securities Portfolio Management Global 2025

Spectrum Asset Management is a leading institutional manager specialising in preferred and capital securities, with…

1 month ago

Moody’s Ratings: Best Credit Risk Analysis LATAM 2025

Moody’s Ratings is a globally recognised leader in credit ratings, research and risk analysis, with…

1 month ago

La Trobe Financial: Best Investment Management Team Australia 2025

La Trobe Financial has cemented its reputation as Australia’s premier alternative asset manager, demonstrating a…

2 months ago