{"id":81557,"date":"2026-07-14T09:37:18","date_gmt":"2026-07-14T06:37:18","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/automotive-data-solutions-saudi-arabia\/"},"modified":"2026-07-14T09:37:37","modified_gmt":"2026-07-14T06:37:37","slug":"automotive-data-solutions-saudi-arabia","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/automotive-data-solutions-saudi-arabia\/","title":{"rendered":"AutoData Middle East Establishes Local Entity in Saudi Arabia to Support Insurance Sector"},"content":{"rendered":"<p class=\"wp-block-paragraph\">AutoData Middle East has established a local entity in Saudi Arabia to expand its <a href=\"\/category\/automotive\/\">automotive data solutions<\/a> for the Kingdom&#8217;s insurance sector.<\/p><p class=\"wp-block-paragraph\">This strategic expansion allows the company to contract, operate, and support customers directly from within the country. Consequently, the move strengthens support for local insurers and automotive partners during a period of regulatory transformation.<\/p><h2 class=\"wp-block-heading\">Expanding Automotive Data Solutions in Saudi Arabia<\/h2><p class=\"wp-block-paragraph\">The establishment of the local office comes at a time of significant growth in <a href=\"\/category\/economy\/\">Saudi Arabia&#8217;s insurance market<\/a>. Specifically, the sector generated SAR 71.2 billion in revenue during 2025, representing a 10.2% increase year on year. Meanwhile, <a href=\"\/category\/automotive\/\">vehicle sales<\/a> in the Kingdom exceeded 805,000 units in 2024, driving the demand for accurate vehicle intelligence.<\/p><p class=\"wp-block-paragraph\">To address these market dynamics, the company provides proprietary vehicle valuation models and risk factors. These <a href=\"\/category\/automotive\/\">automotive data solutions<\/a> help insurers improve pricing accuracy and strengthen underwriting decisions. Furthermore, the local entity ensures that all services comply with the evolving regulatory standards in the Kingdom.<\/p><h2 class=\"wp-block-heading\">Supporting the Risk-Based Capital Framework<\/h2><p class=\"wp-block-paragraph\">The regulatory environment in Saudi Arabia is preparing for major updates, including the Risk-Based Capital (RBC) framework. Notably, this framework is scheduled to become mandatory for all insurance companies starting on January 1, 2027. Therefore, insurers are actively investing in digital transformation and data analytics to manage risks effectively.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;We are strengthening our commitment to the Kingdom by establishing a permanent local presence. As insurers prepare for the introduction of Risk-Based Capital requirements and continue investing in digital transformation, trusted vehicle intelligence will become even more important.&#8221;<\/p><cite>Maryam Zandi, General Manager of AutoData Middle East<\/cite><\/blockquote><p class=\"wp-block-paragraph\">Zandi also stated that having a physical base in Riyadh allows the company to deliver localized expertise and data-driven insights directly to its partners. This proximity helps local businesses navigate the changing regulatory landscape with greater confidence.<\/p><h2 class=\"wp-block-heading\">Local Operations and Financial Settlement<\/h2><p class=\"wp-block-paragraph\">Previously, the company supported the Saudi market through its international entities for several years. However, the new local entity now enables contracting under Saudi regulations and settlement in Saudi Riyals (SAR). As a result, local partners can access dedicated in-Kingdom support and faster response times for their operational needs.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;Establishing our Saudi entity enables us to collaborate more closely with customers, respond faster to local requirements and provide the dedicated support our insurance and automotive partners expect as the market continues to evolve.&#8221;<\/p><cite>Murtadha Al Shabaan, Business Development Manager<\/cite><\/blockquote><h2 class=\"wp-block-heading\">Future Outlook for the Mobility Sector<\/h2><p class=\"wp-block-paragraph\">Beyond the <a href=\"\/category\/economy\/\">insurance sector<\/a>, the company plans to offer its <a href=\"\/category\/automotive\/\">automotive data solutions<\/a> to other industries. Specifically, these services will target vehicle manufacturers, distributors, dealerships, financial institutions, and fleet operators. Consequently, these organizations can use the data to make informed commercial decisions and improve operational efficiency.<\/p><p class=\"wp-block-paragraph\">The Saudi operation receives backing from World Automotive Group, which operates across the GCC and North America. Ultimately, this expansion supports Saudi Arabia&#8217;s ongoing development as a regional mobility hub under the goals of Saudi Vision 2030.<\/p>","protected":false},"excerpt":{"rendered":"<p>AutoData Middle East has established a local entity in Riyadh to provide direct automotive data solutions and support for Saudi Arabia&#8217;s growing insurance sector.<\/p>\n","protected":false},"author":2,"featured_media":81556,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"{\"x_hook\":\"Saudi Arabia's insurance sector generated SAR 71.2 billion in 2025, prompting AutoData Middle East to establish a local entity to support insurers with vehicle intelligence.\",\"x_takeaways\":\"Key Details:\\n\ud83d\udd39 Local entity established in Riyadh to support Saudi insurers directly\\n\ud83d\udd39 Insurance sector revenue reached SAR 71.2 billion in 2025, up 10.2%\\n\ud83d\udd39 Mandatory Risk-Based Capital framework starts on January 1, 2027\\n\ud83d\udd39 Enables local contracting and settlement in Saudi Riyals\\n\ud83d\udd39 Backed by World Automotive Group operating across GCC and North America\"}","_yoast_wpseo_opengraph_title":"AutoData Establishes Local Entity in Saudi Arabia","_yoast_wpseo_opengraph_description":"The new Riyadh-based entity will provide direct automotive data solutions, local contracting, and SAR settlement for Saudi insurers.","_yoast_wpseo_opengraph_image":"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2026\/07\/automotive-data-solutions-riyadh-office.webp","_yoast_wpseo_opengraph_image_id":81556,"_yoast_wpseo_twitter_title":"AutoData Launches Local Saudi Arabia Entity","_yoast_wpseo_twitter_description":"AutoData Middle East establishes a local presence in Riyadh to support Saudi insurers with vehicle 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