Policyhouse.com being one of the largest and trusted insurance policy providers in the UAE, has been at the forefront of offering affordable insurance products to its customers. The enterprise has more than 35+ partners under its roof. Customers can choose the best insurance product that suits them from the plethora of product options available with us. Mentioned below is a list of some of the most prominent insurance companies in the UAE.
- Abu Dhabi National Insurance Company (Adnic)
- Abu Dhabi National Takaful Company
- Adamjee Insurance Company Limited (AICL)
- Al Ain Ahlia Insurance Company (AETNA)
- Al Buhaira National Insurance Company (ABNIC)
- Al Fujairah National Insurance (AFNIC)
- Al Hilal Takaful
- Al Ittihad Al Watanti Insurance Company (NASCO Insurance Group)
- Al Khazna insurance Co
- Al Sagr National Insurance Company
- Al Wathba Insurance (AWNIC)
- Alliance Insurance
- American Life Insurance Company (MetLife)
- Arabia Insurance Company Sal
- Arabian Scandinavian Insurance (ASCANA)
- Assicurazioni Generali UAE
- Axa Green Crescent Insurance Company
- AXA Insurance Gulf Dubai
- Chubb Tempest Life Insurance Ltd
- Cigna Insurance Middle East
- Dar Al Takaful Insurance
- Dubai Insurance
- Dubai Islamic Insurance and Reinsurance Company (AMAN Insurance)
- Dubai National Insurance & Reinsurance
- Dubai National Insurance and Reinsurance (DNIR)
- Emirates Insurance Company (Eminsco)
- Friends Provident International
- General Insurance Corporation of India (GIC)
- HSBC Insurance
- Insurance House UAE P.S.C (IH)
- Iran Insurance Company
- Islamic Arab Insurance Company Ltd (Salama)
- Jordan Insurance Co Ltd (JIC)
- Life Insurance Corporation
- Mitsui Sumitomo Insurance Company Limited
- National General Insurance (NGI)
- National Life and General Insurance Company (NLG)
- New India Assurance
- Noor Takaful Insurance
- Oman Insurance Company (Bupa)
- Orient Insurance Co
- Orient UNB Takaful
- Oriental Insurance
- Qatar Insurance Company (QIC UAE)
- Ras Al Khaimah National Insurance Company (RAK Insurance)
- Royal Sun Alliance Insurance(RSA Insurance)
- Saudi arabian insurance company bsc
- State Life Insurance Corporation of Pakistan
- Takaful Emarat Insurance
- The Mediterranean & Gulf Insurance and Reinsurance Company (Medgulf)
- The National Health Insurance Company (DAMAN)
- Tokio Marine and Nichido Fire Insurance
- Union Insurance Company
- United Fidelity Insurance Company
- Watania Insurance
- Zurich International Life
Abu Dhabi National Insurance Company was founded in 1972 in Abu Dhabi, UAE. It is part of the Abu Dhabi Investment Council's portfolio of companies. AM Best has offered Adnic B++ rating for its financial strength, giving its investors and customers confidence to work the same. The company deals with personal Insurances, business Insurance & Overseas Insurances as part of a wide insurance range. They have a very intuitive service network offering hassle free processes for its pre-purchase, purchase, and post-purchase operations. Offering customizable products tailor according to the customer needs has been the success factor for Adnic over these years.
Abu Dhabi National Takaful Company was established by Abu Dhabi Investment Company and Abu Dhabi Islamic Bank in 2003. Some of the most popular insurance products offered by the company include the following: fire takaful insurance, motor takaful insurance, workmen’s compensation takaful insurance, and so on. The company tries to offer its products based on the needs and requirements of UAE residents. The products and services are based on Arabic values making customers more comfortable in dealing with the company.
Adamjee Insurance is one of the largest general insurance companies in Pakistan. It has operations in two countries namely Pakistan and UAE. It is considered to be one of the oldest insurance providers in the UAE, registered under Federal Law No. 9, 1984. The company is listed on the Pakistan Stock Exchange. The company specializes in offering TAKAFUL insurance products to its customers. The high paid-up capital reserves coupled with the huge wealth of knowledge it has amassed over the years have helped them develop products that are very popular in the country. The company deals with a large variety of insurance products from across the insurance spectrum. Some of the most well-known areas that the company offers TAKAFUL insurance products include the following: agriculture insurance, personal accident insurance, travel insurance, property insurance, fire insurance, personal accident insurance, and car insurance.
Al Ain Ahlia Insurance Company is a bespoke insurance solution provider that offers insurance products in line with customer demand. They offer Motor, Engineering, health, life, property, energy, aviation, and marine insurance. Established in 1975, it is rated A3 by Standard and Poor's for its financial strength. 20 percent of the company is owned by the State of Abu Dhabi, this gives the company credibility among the residents of UAE. Al Ain Ahlia Insurance Company is the fourth largest player in the UAE insurance market as of 2018, making it a formidable player in the industry.
Al Khazna Insurance Co P.S.C was incorporated following the Ameri decree No. 4 on 11/06/1996 by H.H. SHEIKH KHALIFA BIN ZAYED AL NAHAYAN, President of the U.A.E. and Ruler of Abu Dhabi Emirate. The company launched its business in 1997, it has ever since offered quality insurance and reinsurance services to its clients. The company has insurance and reinsurance products pertaining to all insurance classes. The diverse portfolio of insurance and reinsurance portfolios comprises the following: liability, marine, energy, construction, group life & medical, to name a few.
Al Sagr National Insurance Company is usually the first name that comes to the mind of an average Emirati resident when they look for insurance products. The company is well known in the Emirati market for its professionalism and ease of doing things. Very few companies in this segment can brag about such brand loyalty. Al Sagr National Insurance Company is a Dubai based company established in the year 1979, registered under the Federal Insurance Law No. 9 of 1984. This is a public shareholding company that offers customers the best in the range of insurance products ranging from property, marine, medical, life, engineering insurance, and miscellaneous insurance. They offer their product range to both individuals and businesses alike.
Al Wathba Insurance was founded in 1996 and has over the years become a strong brand name in the UAE insurance market. They have a dedicated in-house customer service team (24*7) that helps customers get answers for all queries related to the very aspects of documentation, insurance claim filing, claim settlement, and so on. The company deals in a wide range of insurance products that are custom made as per the customer requirement. Some of the most popular insurance products from AWNIC include the following: travel insurance, visit visa UAE insurance, motor insurance, yacht insurance, medical/ health insurance, home insurance, and life insurance.
Established in 1975, Alliance Insurance is considered one of the leading insurance and reinsurance providers in UAE. With its 40 years of experience in the industry, Alliance Insurance has become a brand that is well known for reliability and customer service. The company has an extensive network of offices and field staff that offer excellent insurance products as per the customer needs. The insurance provider offers a wide range of insurance products suited for its client. Some of the products that Alliance Insurance is dealing with are as follows: home insurance, life insurance, miscellaneous insurance, aviation insurance, liability insurance, and so on.
Metlife acquired American Life Insurance for an eye popping 16.2 billion dollars. Metlife is an American conglomerate that offers a wide range of insurance products to customers in more than 60 countries in the world. Metlife products come with American values of freedom, trust, customer satisfaction, and so on. Metlife is segment leaders in many countries making them a force to reckon with. One of the most famous products offered by Metlife includes accident insurance, savings products, investments products, Metlife children insurance products, and so on. They have a large volume of products in all possible segments that offer direct competition to leaders in their particular insurance segments.
Arabia Insurance Company is an Arab company that offers products that mimic Arabic views and values. The main goal of the company is to offer products that are tailor suited to the needs and requirements of the people of UAE. Established in the year 1944, with 75 years completed in the business( in the year 2020) the company aims to offer some of the best customer service experience throughout the insurance purchase and after sale service process.
ARABIAN SCANDINAVIAN INSURANCE COMPANY is a TAKAFUL company incorporated in 1978 with Amiri Decree in Dubai, UAE. The company is subjected to Law No. 6 as on 2007 for Insurance Authority and registered in the insurance company register under No. (6) on15/12/1984 and Federal Law No. (9) as on 1984. It was in 2005 that company operations were turned into Sharia compliant businesses. From then on the company has grown from pillar to pillar developing insurance policies that the customers in UAE want. The company has always been considered as a reliable insurance partner in the region and is serving customers in UAE insurance products that suit their requirements. The company offers Motor Insurance, Marine Insurance, Bankers Blanket Insurance, Medical Insurance, Property Cover, Engineering Cover, and so on.
AXA in the Gulf is one of the largest players in the GCC, its operations cover UAE, Oman, Qatar, and Bahrain. AXA is a world leader in insurance and asset management service. AXA offers a wide range of insurance products and services to customers in SMEs, large corporates, and individual insurance space. Certain uncommon insurance products offered by AXA insurance company includes relocation insurance, golf insurance, and art insurance to name a few. AXA is known to offer great products for its customers hence it has remained an insurer of choice among many Emirati residents.
Dar Al Takaful offers insurance and reinsurance products as per Sharia law. The company offers a wide range of products ranging from health and family insurance to engineering, accident, and construction insurances. The product portfolio of Dar Al Takaful Insurance is second to none. The customer can buy multiple insurance products to satisfy their needs. What makes the deal even better is the fact that the products offered by the company are Sharia compliant hence it becomes a trouble free proposition for its customers.
Dubai Insurance Company was formed in 1970 by decree of His Highness Sheikh Rashid Al Maktoum. They are one of the leading insurance companies in Dubai and Abu Dhabi. For customers seeking the best in insurance policies and insurance solutions, they can choose from their comprehensive range of business insurance products including motor insurance, property insurance, group life, and personal accident insurance, and group medical insurance. For personal insurance, Dubai Insurance offers home insurance, car insurance, travel insurance, and many more.
Dubai Islamic Insurance & Reinsurance Company was founded in the year 2002 to bridge the gap available in the market for a well balanced quality insurance product as per the Sharia guidelines. Being an Islamic company all the insurance products are developed as per the strict supervision of the Fatwa and Shariah Supervisory Board. The members of the board are specialists in developing Islamic and Sharia based products to meet their consumer demands. The company deals in all types of insurance products catering to individual, family, corporate, and SME clients.
Dubai National Insurance and Reinsurance is a public listed company that offers its customers a wide variety of insurance products that cater to individual requirements. The company operates under Federal Law 6 of 2007, it was one of the first insurance companies to be listed in the Dubai Financial Market. Established in the year 1991, the company focuses on offering home, travel, medical, motor, property insurance, marine insurance, and so on. The company is known for its exceptional vehicle insurance portfolio in Dubai and across the UAE. Very popular among both expats and citizens alike.
Dubai National Insurance and Reinsurance company was established in 1991 in Dubai, UAE. The company is backed by large international reinsurance companies like SCOR, Munich Re, and Swiss Re. Backings from such industry heavyweights have given DNIR the resources and capabilities to offer high quality insurance products at affordable rates without compromising on service. DNIR exploits the benefits and strengths of its global partners and uses them to develop innovative products that are beneficial for its clients. It is this solid backing that gives DNIR the ability to compete in such a highly competitive industry in UAE. They predominantly offer motor, medical, home, motor fleet insurance, group medical insurance, group life and personal insurance, travel insurance, and so on.
Emirates Insurance Company is a leading insurance and reinsurance provider with A- rating from Standard and Poor's and AM BEST. The company has partnerships with leading names in the insurance and reinsurance fields such as Lloyd’s of London, United Kingdom, Mitsui Sumitomo Reinsurance Ltd, Swiss Reinsurance Co.UK Limited, Catlin Syndicate at Lloyd’s, UK, Hiscox, to name a few. The company claims that about 95 percent of its reinsurance programs deal with A rated or above securities. It is a truly global company from UAE. The classes of insurance the company deals with include the following: fire and general insurance, motor insurance, group medical, marine & aviation insurance, oil & gas products, and engineering insurance.
Friends Provident International is a global insurance provider that has offices in UAE, Hong Kong, Singapore, and the Isle of Man. The company has 40 years of experience in offering competitive insurance products to customers. Some of the product areas that Friends Provident International sells insurance products include life assurance, savings solutions, life insurance, critical illness insurance, protection solutions, and so on. They do offer their services through authorized partners as well giving customers an opportunity to understand and customize the product that suits their individual requirements.
Insurance House UAE is a public joint stock insurance company based in Abu Dhabi. The company has maintained a long term credit rating score of “BBB-“ and B+ for financial strength for the second year in a row. The company offers tailor made insurance solutions in the fields of health insurance, property & casualty insurance, engineering insurance, health, aviation, personal, energy, and marine insurance. The company offers its insurance products through multiple sales channels available throughout UAE. The company has a specialized team that develops international standard insurance products for UAE customers. It is like getting the best of both worlds.
Islamic Arab Insurance was incorporated in the year 1979 with an objective to offer Sharia compliant insurance solutions to customers across the world. The company offers a wide range of takaful insurance products that are approved by the Shariah board. Headquartered in Dubai it has subsidiaries in countries like Senegal, Saudi Arabia, Algeria, and Egypt. The company offers its products under three broad categories namely Family Takaful, Health Takaful, and General Takaful. They offer a wide variety of insurance products that cater to all requirements of a company, individual, and family under the above mentioned broad categories.
Life Insurance Corporation is one of the largest insurance providers in India. LIC is an Indian state owned enterprise that commenced its operation in 1956. LIC policies have always attracted large traction both in its home country India and UAE. LIC has one of the largest eras of product lines in the UAE at the moment. The company offers end to end solutions to all insurance needs of its customers. LIC is famous for its saving plans, they are more than just an insurance plan rather an investment option that helps individuals invest their hard earned surplus. They offer affordable plans that are great value for money, easily one of the most enquired entities on our platform.
National General Insurance company is one of the leading providers of Takaful accredited insurance products in the UAE. They are one of the well known composite insurance providers in the country. The company offers a wide variety of products for their customers, some of the major areas that they offer their expertise include the following: medical, health, marine, motor, property, investment insurance, and so on. People usually go for NGI because they have all the insurance products that the customer requires to make life easy. NGI is in a way “A one-stop solution for all insurance products”.
National Life and General Insurance Company was established in 1995, it has since grown into one of the most respected insurance companies in the middle east. The company is the first and the largest insurance company in Oman. It has operations in UAE, Oman, and Kuwait. NLG has always focused on need-based underwriting solutions that are customizable as per the customer's needs. This is what sets them apart from the rest of the competition. The company has always given customer interaction a priority hence the customer always enjoys a pleasant experience talking with their team. They offer various products from mortgage protection insurance, medical insurance, group credit life insurance, and so on.
New India Assurance Co. Ltd is a Mumbai based insurance conglomerate that offers insurance products catering to their client's requirements. It is a publicly traded company established in the year 1919. New India insurance is the largest general insurance company in India based on the gross premium collected (that includes foreign operations premiums as well). The insurance operator operates in more than 23 countries offering products that cater to each individual's requirements. They have a large team of management professionals, Chartered Accountants, engineers, and insurance product developers that help develop innovative products that suit the requirements of an individual/client. Its UAE operations started in the year 1961 in collaboration with Saadi Group in UAE. It has recently emerged as one of the most popular insurance service providers in Dubai. The company offers its wide product offering in all seven Emirates of UAE. They are most famous for their conventional general insurance policy covers that are affordable for the average UAE residents.
Noor Takaful Insurance is recognized as the pioneer in bringing Takaful insurance products to the Middle Eastern markets. The organization since its inception has tried to offer quality insurance products that meet individual requirements and that are Sharia compliant. It is the first Takaful insurance company that was registered under the new Federal law no.6 of 2007. Noor Takaful Insurance has been seen as an inspiration for other Shariah based insurance companies to incorporate and offer Takaful insurance products to its customers. Noor Takaful Insurance currently offers Car Takaful, Medical Takaful, Travel Takaful, Family Takaful, Home Takaful, SME Fleet, SME Medical, Engineering, Property, and so on.
Founded in the year 1975, Oman insurance has operations in UAE, Qatar, and the Sultanate of Oman. Headquartered in Dubai, Oman Insurance Company is easily one of the most sought after insurance partners for a lot of people in the Middle East. Their customer centric approach has made them a go-to destination among UAE residents for all their insurance needs. Oman Insurance Company is synonymous with offering the highest quality service pre and post-purchase of insurance products, they offer a trouble free approach to insurance procurement and claim settlement. They have tailor made insurance solutions to meet the requirements of each customer. They have a wide range of insurance products in the health, vehicle, family cover segments, offering reliable products to their customers.
Orient Insurance Company has over 38 years of experience in the UAE insurance market offering highly competitive products to its clients. The company is well known in the market for offering innovative risk solutions to customers that satisfy their requirements. The company was incorporated in the year 1982, it has since grown into a multinational company with branches in seven countries. Orient Insurance Company has been rated A+ by A M BEST and a solid A by Standard and Poor’s. These ratings are some of the highest in the insurance space, especially with regards to the UAE market. With its head office in Dubai, the company serves its customers through multiple channels and partners available to them. Orient Insurance Company has an extensive range of product lines catering to Individuals, SMEs, corporates, and family.
Orient UNB Takaful is a public joint stock company jointly promoted by Union National Bank and Al Futtaim Group. The insurance company offers a comprehensive range of insurance products that range from marine cargo, general, motor vehicles, fire, accident, health, so on. All the products adhere to Sharia law and Islamic principles. The company is well known among UAE residents looking to buy Sharia compliant insurance products.
Oriental Insurance Dubai was established in 1960, it operates in UAE via a chief agency Arnab Insurance Works LLC. It is a Subsidiary of Oriental Insurance Co. Ltd, the company is headquartered in New Delhi, India. It has its international offices in Dubai, Kuwait City, and Kathmandu (Nepal). From its inception, the company has always tried to offer quality insurance products to its customers, tailor-made and affordable at the same time. The company's vast knowledge in product creation, underwriting capabilities, and service offerings has allowed it to offer facultative reinsurance services to other insurance providers in the GCC states. Oriental Insurance has exceptional traction among the expat community for their bespoke insurance products that cater to their needs.
Qatar Insurance Company is part of the Qatar Insurance Group that offers high quality innovative products to its customers. The company has been actively providing insurance solutions in Dubai since 1968. S&P has rated I-insured with a solid A (meaning Stable), A.M. BEST has also given company A for its excellent financials. The company offers its client base a wide range of insurance products from car insurances, third party liability insurance, personal accident insurance, home contents insurance, travel insurance, and so on.
Ras Al Khaimah National Insurance Company is a public shareholding company established in 1974. The business is listed in Abu Dhabi Securities Exchange, RAK Bank is a major shareholder of the business. RAK insurance is considered a regional leader in the insurance space primarily because of its innovative products and service portfolio. Support from RAK bank has also given the company credibility and the must required boost in terms of sales points and other infrastructure to dominate the UAE insurance market. RAK insurance is credited for using sophisticated technologies throughout the process to improve and standardize the product line and service mechanism. The company has a large product portfolio pertaining to both the personal and business insurance space.
The conglomerate started its insurance business operations in 1964 by acquiring Al Nisr Insurance Co. in Lebanon. The group was instrumental in establishing the Saudi Arabian Insurance Company BSC (C) in 1980. In 2007 the business became one of the founding members of the Saudi Arabian Cooperative insurance company in KSA. Its 50 years in the industry have made it an insurance and reinsurance powerhouse. In fact, the company has invested in other insurance and reinsurance companies to further strengthen its knowledge base, portfolio strength, and delivery mechanisms. The company at the moment operates across all major countries in the Middle East. The company's popularity among its clients can be attributed to their fair claim assessment process and prompt claim payments, this has given the company a fair share of goodwill among consumers in the Middle East. The company offers a wide range of insurance products ranging from construction to banking and finance, life to medical insurance and the list just goes on and on.
Takaful Emarat Insurance is a proud Emirati company that offers its customer's insurance products that adhere to UAE laws and guidelines of the Sharia Supervisory Board. The company hopes to provide its customers affordable Takaful insurance products that are in well reach of the average customers. The value for money proposition and the adherence to Islamic principle has made Takaful Emarat Insurance a household name among Emiratis and expats alike. The company mainly focuses on health and life insurance products. They offer products to both individuals and companies looking for smart affordable Takaful insurance products.
The National Health Insurance Company (DAMAN) commenced its operation in May 2006. It is a health insurance company that offers high quality health insurance products to all its customers, both individual and corporate customers. There are a lot of customization opportunities available for customers to choose from. The level of flexibility offered by the company is rarely replicated by its competitors. The company is a favorite among the expatriate communities who are looking for value for money products for themselves and their family. Many SMEs opt for DAMAN for their SME insurance requirements as well.
Tokio Marine and Nichido Fire Insurance Co., Ltd was founded in the year 1879 in Chiyoda City, Tokyo, Japan. It is a subsidiary of Tokio Marine Nichido, the largest non-mutual private insurance group in Japan. The company has offices in over 37 countries, the customers can choose from a wide variety of marine cargo insurance, property insurance, and so on at the best price possible. The company has seen some of the highest levels of customer satisfaction and customer retention in the industry, this is something very few industrial stalwarts can mimic.
Union Insurance Company was incorporated in the year 1998 in UAE (Dubai). The company is listed on the Abu Dhabi Securities Exchange offering value for money Takaful coverages that meets individual, family, and business requirements. The company has its operations spread across UAE offering clients excellent opportunities to buy quality products that serve their purpose. Union Insurance Company has a strong product line backed by an excellent claim settlement process. Some of the most common products in demand among the UAE residents include the following: expatriate protection insurance, international income protection insurance, motor insurance, group health insurance, group life insurance, group life insurance, to name a few.
United Fidelity Insurance Company formerly known as United Insurance company was established in 1976. It started its operation in 1978, making it one of the oldest insurance companies in the UAE. The Company was registered on 22/12/1984 under the Insurance Company’s Register (Reg.No.8) as required under Federal Law No.9 of 1984. The insurance company is listed on the Abu Dhabi Stock Exchange. The company offers a wide range of insurance products to individuals, families, and corporates alike. Some of the most sought after products from the company include the following: Motor, general, health, SME, and large corporates as part of their insurance portfolios. From November 4th, 2018 the company started operating under the new name United Fidelity Insurance Company PSC. With the large multicultural international talent pool and technology, the company hopes to develop innovative products that would further strengthen its product line.
Watania Insurance was incorporated in association with Abu Dhabi National Insurance Company, Aldar Properties, Abu Dhabi National Energy Company, and Abu Dhabi National Islamic Finance. Established in the year 2011, the company has become the forefront in offering products that comply with Sharia principles. The company has always remained as one of the go places for clients who are looking to buy insurance products that represent Arabic values and cultures. Watania insurance offers a wide variety of insurance products that cater to the requirements of its clientele. They offer medical insurance, travel insurance, home insurance and so on that are considered essential for people to hedge against the possibility of losses arising from unexpected events.
Zurich International Life is a global player in the insurance space and has garnered a good reputation for its products and service over the years. The insurance provider offers tailor made solutions in savings and investment insurance products that help protect the future of the insured. Zurich International Life has a good reputation for paying their client claims. In fact, they pay 94% of all critical illness claims from their clients. In the year 2019, the company was awarded the insurer of the year in the MENA region - the fifth year in a row. The company offers quality products for individual, small and large corporations to support their hedging process.