United Cooperative Assurance Executive and Leadership Team

Machaal Karam, the Chief Executive Officer at United Cooperative Assurance, directs the overall strategic vision and operational execution for the Saudi joint stock company. Overseeing a capital base of 400 million Saudi Riyals, Karam ensures the delivery of specialized insurance services, including property, casualty, medical, marine, aviation, engineering, and energy insurance. This leadership role involves guiding the company's expansion and service offerings to major corporations and projects throughout Saudi Arabia. Karam's focus remains on solidifying United Cooperative Assurance's market position by driving innovation and maintaining high standards of customer service across all operational facets. The Chief Executive Officer's mandate includes fostering a culture of excellence and ensuring sustainable growth in the competitive insurance landscape. Machaal Karam's strategic direction underpins the company's mission to provide robust insurance solutions.

Shaher Al Madani, the Deputy Chief Executive Officer & Board Company Secretary at United Cooperative Assurance, supports the Chief Executive Officer in executing the company's strategic objectives and ensures robust corporate governance. Al Madani's responsibilities encompass overseeing key operational functions and maintaining the integrity of board communications and compliance. This dual role requires meticulous attention to regulatory requirements and the effective functioning of the board of directors. Al Madani plays a critical part in aligning operational activities with the company's mission to deliver superior insurance products across Saudi Arabia. The Deputy Chief Executive Officer & Board Company Secretary also facilitates communication between the board and management, ensuring transparency and accountability. Shaher Al Madani's leadership contributes significantly to the stability and strategic advancement of United Cooperative Assurance's operations.

Waheed Khayyat, the Chief Information Officer at United Cooperative Assurance, architects and manages the company's technology infrastructure and digital transformation initiatives. Khayyat drives the development and enhancement of the unified eService portal, ensuring seamless access to all insurance services for clients across Saudi Arabia. This leadership position involves overseeing all IT operations, cybersecurity measures, and the implementation of innovative technological solutions to support the company's diverse insurance offerings, including property, casualty, medical, marine, aviation, engineering, and energy insurance. Waheed Khayyat's strategic focus is on leveraging technology to improve operational efficiency, enhance customer experience, and maintain a competitive edge in the market. The Chief Information Officer's role is pivotal in supporting the company's growth and its commitment to providing excellent insurance solutions through advanced digital platforms.

Seraj Al Hemaly, the Chief Sales Officer (CSO) at United Cooperative Assurance, spearheads all sales strategies and revenue generation efforts across the Kingdom of Saudi Arabia. Al Hemaly directs the sales teams responsible for promoting and securing business for a comprehensive suite of insurance products, including property, casualty, medical, marine, aviation, engineering, and energy insurance. This executive role involves cultivating strong relationships with major companies and project stakeholders, driving market penetration, and expanding the client base. Seraj Al Hemaly's leadership focuses on achieving ambitious sales targets and ensuring the effective delivery of insurance solutions tailored to client needs. The Chief Sales Officer (CSO) plays a vital part in the company's growth trajectory by maximizing market opportunities and reinforcing United Cooperative Assurance's reputation for excellence in customer service and product offerings.