It is a company establishment for an insurance agent, where the company provides insurance services of various types such as (vehicle insurance policy, comprehensive, medical insurance policy, property insurance, engineering insurance, marine insurance)
It is an insurance agent company where the company provides insurance services of various types such as (vehicle insurance policy, comprehensive, medical insurance policy, property insurance, engineering insurance, marine insurance), where the insurance agent is the first point of contact between the consumer and the insurance company. It helps companies, individuals and families in determining the insurance policies that suit their needs. The insurance policy aims to provide the best protection for their health and life. Insurance or the insurance system or guarantee is known as a means of confronting the risks that a person is exposed to in his entity or money during his life. In order to mitigate its impact, insurance is a practical reality. It is one of the best means that enable a person to mitigate the effects of disasters, whether these disasters occur due to the person himself, through his negligence or neglect, or by the action of others. It is a means of safety that is consistent with the spirit of the modern era in which the requirements of life have increased and the danger of machines has increased and the risks of development have become clear.
Executive Summary
Study of project services/products
Market size study.
Risk assessment study.
Technical study
Financial study.
Organizational and administrative study.
The service sector does not rely on raw materials or goods for sale; rather, its activities are centered around providing intangible services. Like this: Transportation services, hospitality services, healthcare services, and others. This sector is considered the main driver of major economies; for example, in the United States, the service sector accounts for 85% of the GDP. As for the service sector in Saudi Arabia, statistics and indicators confirm its contribution of about 48.02% to the GDP. This vital sector includes five main activities.
Namely:
The Gross Domestic Product (GDP) in Saudi Arabia reached 2,625,442 million SAR, with the “Wholesale and retail trade, restaurants, and hotels” sector contributing approximately 10.8% (284,579 million SAR).
Contributes approximately 6.6% (172,304 million SAR).
The Financial, Insurance, Real Estate, and Business Services sector contributes approximately 6.4% (SAR 377,725 million) to the Gross Domestic Product (GDP).
This sector contributes approximately 2.5% (SAR 65,729 million) to the Gross Domestic Product (GDP).
It contributes 21.9% (SAR 576,089 million) to the Gross Domestic Product (GDP).