Insurance agency
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Compliance Risk Score
80/100- Verified against GASTAT/Official source
- Updated for 2026 classification
- Complete hierarchy structure
- Has cross-references to other systems
- GOSI registration status verified
π Description
SSIC 662200: Insurance agency. Supervised by Insurance Authority. Used for company registration, Nitaqat, and licensing in Saudi Arabia.
π Description
Represent the insurance company for a compensation, to solicit, procures and negotiates insurance contracts.
Supervisory entity: Insurance Authority
Licensing entity: Insurance Authority
Occupations Related to this Activity
When to use this code
Ministry of Commerce β Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting β GASTAT
FAQ
What is SSIC code 662200?
SSIC code 662200 corresponds to 'Insurance agency' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a activity-level code used in business registration and government filings in Saudi Arabia.
When should I use SSIC 662200?
Use SSIC code 662200 when your main business activity is 'Insurance agency'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.
What Saudization rate applies to SSIC 662200?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 662200. Rates were updated in 2025-2026 for most sectors.
Data source: General Authority for Statistics (GASTAT) β SSIC/SSCO 2026 Edition.
This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.