Jordan Insurance Company شركة التأمين الاردنية

Jordan Insurance Company (JIC) has been a longstanding player in the insurance industry since its establishment in 1951. The company prides itself on its rich history as the oldest insurance company in Jordan and one of the first in the Middle East. JIC has maintained its leading position in the market through a customer-focused approach, underscored by a strong track record of claim payments. At the core of JIC’s philosophy is a commitment to transparency, accountability, and ethical leadership. These values are evident in the company’s operations and are the cornerstones of its business. JIC offers a comprehensive range of insurance solutions, including Medical, Life, Motor, and Property insurance, as well as more specialized offerings such as Marine, Casualty, and Engineering insurance. JIC’s extensive experience and outstanding performance have positioned the company as a key player in the local and regional insurance markets. In addition to its strong presence in Jordan, JIC has expanded its reach to the United Arab Emirates and Kuwait. The company's strategic partnership with MunichRe, the world’s largest reinsurer, is a testament to its global influence, with MunichRe having acquired 10% of the company in 1999 and serving on its board of directors. This partnership brings reinsurance, underwriting tools, IT solutions, and continuous training to JIC. Moreover, JIC has made strategic investments in other insurance markets in the region, holding shares in companies such as Watania Insurance Co. in Yemen, Arabia Insurance Cooperative Company in Saudi Arabia, and Asia Insurance Co. in Iraq. This demonstrates the company's efforts to extend its influence and strengthen its position beyond its home market. In summary, Jordan Insurance Company (JIC) has established itself as a reputable and reliable player in the insurance industry, with a strong commitment to customer service, ethical business practices, and expansion in regional markets, supported by strategic partnerships and a wealth of industry knowledge and expertise.