Insurance brokerage
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Compliance Risk Score
100/100- Verified against GASTAT/Official source
- Updated for 2026 classification
- Complete hierarchy structure
- Has cross-references to other systems
- Nitaqat localization rules mapped
- GOSI registration status verified
- Regulatory compliance requirements detailed
π Description
SSIC 662211: Insurance brokerage. Supervised by Insurance Authority. Used for company registration, Nitaqat, and licensing in Saudi Arabia.
π Description
Represent the insureds or prospective insureds 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 662211?
SSIC code 662211 corresponds to 'Insurance brokerage' 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 662211?
Use SSIC code 662211 when your main business activity is 'Insurance brokerage'. 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 662211?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 662211. 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.