Success Stories: How We Helped Clients Overcome Property Loss
Truth: Ensuring honesty and transparency in every aspect of the business, NILACO has built a reputation for trustworthiness and ethical practices.
Excellence: Striving for the highest standards in service delivery and operational efficiency, NILACO has become synonymous with quality and reliability in the inspection and loss adjusting industry.
Innovation: Embracing forward-thinking approaches and leveraging new technologies, NILACO aims to continually improve and evolve its offerings to better serve clients and meet the changing demands of the market.
Noble Inspection and Loss Adjusting Company (NILACO) had its genesis in 1997 when it was founded by Mr. Nasser Al Bousseyes. Under his visionary leadership, NILACO emerged as a pioneering force in the inspection and loss adjusting industry. Over the span of 15 years, Mr. Bousseyes dedicated his expertise and insight to building a strong foundation for the company, ensuring it gained a reputation for reliability, accuracy, and professionalism. His strategic foresight and relentless pursuit of excellence positioned NILACO as a trusted name in the sector, laying the groundwork for future growth and innovation.
In 2012, a significant milestone was achieved when a major international loss adjuster acquired a majority stake in NILACO. This acquisition marked the beginning of a transformative phase for the company, during which it was rebranded to reflect its new strategic direction. Under the guidance of regional leadership, this period saw the integration of advanced methodologies and global best practices, aligning NILACO with international standards. The rebranding expanded NILACO’s operational scope and enhanced its service offerings, ensuring the company remained competitive and innovative within the industry.
Following the acquisition, Mr. Nasser Al Bousseyes transitioned into the role of Chairman/Director for Saudi Arabian operations. His continued involvement ensured a seamless integration and sustained the company’s growth trajectory. However, in 2016, after successfully navigating the company through a critical phase, Mr. Bousseyes stepped down from his directorship position to explore new professional avenues. His departure marked the end of an era, but his legacy of leadership and innovation left an indelible mark on the company and the industry at large.
In 2016, Mr. Nasser Al Bousseyes joined Arabia Insurance Co-operative Company as a Consultant and Loss Prevention Department Manager, further diversifying his professional portfolio. His expertise was instrumental in enhancing the company’s loss prevention strategies and operational efficiencies. In 2017, he moved to WAFA Insurance Company as the Head of Claims, where he led the claims department with distinction until 2018. Subsequently, he joined United Co-operative Assurance (UCA) as the Head of General Claims and Risk Engineering. Until November 2021, he played a pivotal role in fortifying UCA’s claims management processes and risk engineering frameworks, contributing significantly to the company’s success.
In December 2021, driven by a profound sense of purpose and a desire to revive his legacy, Mr. Nasser Al Bousseyes re-established M/s NILACO. Drawing on over two decades of industry experience, he embarked on a new journey to deliver diplomatic and professional services to the insurance sector. The rebirth of NILACO was marked by a renewed commitment to excellence, innovation, and client-centricity. Mr. Bousseyes envisioned NILACO as a beacon of professionalism, dedicated to providing superior services that meet the evolving needs of the insurance industry.
In his quest to uphold the highest standards of service delivery, Mr. Nasser Al Bousseyes assembled a highly qualified professional team from India. This team boasts the highest qualifications and fellowships in the insurance industry, bringing together a wealth of knowledge, expertise, and dedication. Each member of the team is committed to NILACO’s mission of delivering exceptional service and value to clients. This strategic recruitment has fortified NILACO’s capabilities, ensuring it remains a leader in the inspection and loss adjusting sector.
Today, empowered by a dedicated team of professionals, Mr. Nasser Al Bousseyes, as the promoter of M/s NILACO, is steadfast in his mission to provide top-notch services to insurance companies and clients. His vision is deeply rooted in the principles of professionalism, diplomacy, and economic efficiency. NILACO’s current operations reflect a harmonious blend of traditional values and modern innovations, aimed at delivering unmatched service quality and fostering long-term client relationships. Mr. Bousseyes’s leadership continues to inspire and drive NILACO towards new heights, ensuring it remains a trusted and respected name in the industry.
“NILACO, officially registered under the Insurance Authority, stands as a leading independent provider of insurance claims management and loss adjusting solutions in Saudi Arabia. With a dedicated team of seasoned professionals and advanced technological infrastructure, NILACO excels in delivering prompt, cost-effective, and diplomatic services across the insurance sector.”
NOBLES INSPECTION AND LOSS ADJUSTING COMPANY
Insurance Authority License No. /17/20211.
Website: www.noblesco.com.sa
Email : nasser@noblesco.com.sa and claims@noblesco.com.sa
Phone No : +966 11 2096909
Landline No :+966 50 449 0079
