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NILACO

NILACO

InsuranceFlag of SAAl Woroud, Riyadh, Saudi Arabia1-10 Employees

Company overview

HeadquartersAl Woroud, Riyadh, Saudi Arabia
Website
NAICS52
Founded1997
Employees1-10

Key Contact at NILACO

Flag of SA

Nasser Alboussayes

Chief Executive Officer

About NILACO

Established in 1997 and headquartered in Riyadh, Saudi Arabia, NILACO (Nobles Inspection & Loss Adjusting Co.) is a licensed and highly respected firm specializing in insurance claims management, loss adjusting, and risk assessment services. With over 25 years of experience, NILACO has earned a reputation for integrity, technical excellence, and client-focused service in the Saudi insurance market. NILACO is officially licensed by the Saudi Central Bank (SAMA) and operates under license number 17/20211. The company offers a wide range of services, including property and engineering loss adjusting, business interruption analysis, marine and liability claims handling, and consultancy services tailored to the needs of insurers, reinsurers, and corporate clients. Backed by a team of highly qualified professionals with international certifications (including MSc, ACII, AIS, AIC), NILACO combines global standards with in-depth local expertise. The firm utilizes modern technologies and proven methodologies to deliver accurate, efficient, and cost-effective claim solutions. Following a strategic re-establishment in December 2021, NILACO continues to expand its capabilities, offering clients value-driven services aligned with international best practices while contributing to the advancement of the Saudi insurance and risk management industry.

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NILACO revenue & valuation

Annual revenue$256,665
Revenue per employee$86,000
Estimated valuation?$821,328
Total fundingNo funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Employees by Department

NILACO has 1 employees across 1 departments.

Departments

Number of employees

Funding Data

NILACO has never raised funding before.

Frequently asked questions

NILACO is located in Al Woroud, Riyadh, SA.
NILACO was founded in 1997, making it 29 years old. The company has established itself as a significant player in its industry over this time.
NILACO has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

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