Who we are

Local presence. Six decades of adjusting depth.

Risk Solutions Corporation (RSC) is a Saudi-licensed loss adjusting and risk inspection firm established in 2024, delivering independent, technically robust claim assessments across the Kingdom. Since commencing operations, RSC has been appointed on 130+ assignments across engineering, property, marine and energy sectors, including technically complex losses with exposure exceeding USD 30 million. Backed by HMCL, its technical partner with over six decades of loss adjusting experience, RSC combines local Saudi presence with international expertise to deliver sound outcomes for insurers, reinsurers and brokers.

  • SAR1B+Loss Exposure Under Active Adjustment
  • 130+Assignments
  • 100+Insureds engaged
  • 20+Insurer, reinsurer & broker clients

Operating from Dammam, Jeddah and Riyadh.

Our services

After a loss

Loss Adjusting

Independent investigation of cause, policy liability and quantum, with structured methods, technical oversight and timely reporting from first survey to final report.

  • Property & Casualty
  • Engineering: CAR, EAR and Machinery Breakdown
  • Energy & Power
  • Business Interruption and DSU
  • Marine
  • Financial Lines
Appoint us on a claim
Before a loss

Risk Inspection

Technical surveys that evaluate and quantify exposure for underwriting and risk management, delivered as structured reports that underwriters can act on.

  • Physical and operational risk exposure assessment
  • Review of risk controls against recognised standards
  • Credible loss scenarios
  • EML and PML quantification
  • Practical risk improvement recommendations
Request an inspection

How a claim moves

Six stages, each tracked against its deadline

Every appointment is logged in our claims system from day one, so we can see where the file stands at any point.

  1. Survey

    Site attendance to establish the circumstances, extent and likely cause of loss.

  2. Preliminary report

    Initial findings, policy observations and a reserve recommendation.

  3. Documents

    A targeted request list, followed up until the claim is fully supported.

  4. Assessment

    Cause, liability and quantum assessed against the policy terms.

  5. Acceptance

    The adjusted figure agreed with stakeholders before settlement.

  6. Final report

    A complete, defensible report to insurers and reinsurers.

Sectors

Adjusted 130+ claims across a variety of sectors including

PWR

Power generation

Thermal, combined-cycle, hydro and renewable plants.

O&G

Oil & gas

Upstream, downstream, refining and petrochemical facilities.

CAR / EAR

Construction & erection

Infrastructure, utilities and giga projects.

T&D

Transmission & telecom

Overhead lines, underground networks and telecom infrastructure.

MFG

Heavy industries & FMCG

Cement, steel, food and process industries.

PAR

Commercial property

Real estate developments, retail and warehousing.

MAR

Marine & ports

Cargo, ports and terminal operations.

CGL

Liability

Third-party liability arising from insured operations.

Technical partner

Six decades of major-loss experience behind RSC

Hamid Mukhtar & Co. Ltd. (HMCL) is RSC's shareholder and knowledge partner. Established in 1964, it has handled some of the region's largest and most complex claims across power, fertilizer, cement and textiles, with over SAR 4.75 billion in claims handled and 15,000+ reports issued.

Every RSC report is reviewed by HMCL's senior loss adjusting team before issuance, strengthening technical quality, consistency and specialist support on complex assignments. hamidmukhtar.com

Core team members

Our team

RSC is led by a multidisciplinary team combining Saudi leadership, engineering expertise, insurance knowledge and senior technical oversight.

Hamad Alsanie
Hamad Alsanie
Chief Executive Officer

Business Administration & Entrepreneurship; Taqeem Plant & Machinery member; leads RSC's strategy and stakeholder engagement.

Mahmood Ahmed
Mahmood Ahmed
Shareholder & Senior Technical Advisor

Mechanical & Industrial Engineer; 40+ years in engineering, risk inspection and complex claims.

M. Shayan Ahmed
M. Shayan Ahmed
Chief Operating Officer

Manufacturing Engg & Engg Management; 16+ years in valuations, loss adjusting and structured reporting.

Awais Mushtaq Butt
Awais Mushtaq Butt
Senior Loss Adjuster

MS Electrical Engineering; specialist in complex engineering, property, BI and reinsurance-driven claims.

Ali Alghumgham
Ali Alghumgham
Senior Loss Adjuster

Construction Engineering & Management; project execution experience with Aramco and SEC exposure.

Muzammil Iqbal
Muzammil Iqbal
Loss Adjuster

Insurance & Risk Management; experienced in property, casualty, engineering and marine claims.

Ali Ahmed Dhafer
Ali Ahmed Dhafer
Loss Adjuster

Aerospace Engineering (KFUPM); reinsurance treaty broking and R&D background, with portfolio analysis and standards-compliance experience.

Ziyad Alkadi
Ziyad Alkadi
Loss Adjuster

Mechanical Engineering; PMP, PMI-RMP, PMI-PBA and CMRP certified, with maintenance, operations and project risk experience.

Official Representatives of SteegeXP

Trusted relationships

Our clients

Tawuniya
Walaa
Al Rajhi Takaful
Wataniya
MedGulf
Gulf Union Al Ahlia Cooperative Insurance
GIG Saudi
Aletihad Cooperative Insurance
Mutakamela Insurance
AlSagr Insurance
Liva Insurance

Contact

Appoint us

Head officeDammam
4576 Prince Muhammad Ibn Abdulaziz, As Suq District, Dammam 32242
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BranchJeddah
7915 King Abdullah Aziz Branch Rd, An Nahdah District, Unit 401, Jeddah 23523
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BranchRiyadh
Dedicated resources based in Riyadh, with an office opening soon.

Online request form