Solidarity Saudi Takaful closes marketing deal with Wattad Insurance

The agreement’s term will start from 9 July 2019 to 8 July 2022

  
Image used for illustrative purpose.

Image used for illustrative purpose.

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Riyadh –Solidarity Saudi Takaful has signed a non-exclusive marketing agreement with Wattad Insurance Company to market and sell commercial and individual insurance policies across Saudi Arabia.

The agreement’s term will start from 9 July 2019 to 8 July 2022, according to a bourse statement released on Tuesday.

The Tadawul-listed company expected that the deal would have a positive impact on its financial statements.

The value of the transaction was not revealed.

Source: Mubasher

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