The Company is licensed by the SAMA since 2011 to provide actuarial services to the insurance sector in the KSA. Since that time, the Company built a strong client base and large experience due to its strong involvement in the market. Apart from focusing on the insurance sector, Nitaq provides regular support to the General Organisation of Social Insurance (GOSI).
It also offers actuarial services in the context of IFRS accounting for end of service indemnities.
Nitaq has strategic alliances with other actuarial firms based outside of the KSA, benefiting from the experience of a large network of actuaries and SME’s.
It recently participated in the creation of Pranalytix, a French-based software company, providing predictive analytics solutions that combine big data technologies and artificial intelligence algorithms.
BIG DATA & PREDICTIVE MODELLING
ACTUARIES & CONSULTANTS
UNITED ARAB EMIRATES