Emirates Insurance Company PJSC (EIC) is a leading insurance provider based in the United Arab Emirates, specializing in general insurance and reinsurance services. Founded on January 1, 1982, and listed on the Abu Dhabi Securities Exchange (ADX), EIC has built a strong reputation for providing a wide range of high-quality insurance products. The company has become a trusted name in the UAE’s insurance market, offering coverage for individuals, families, and businesses across various sectors. With a diversified portfolio and a commitment to customer satisfaction, EIC has established itself as a reliable partner in managing risks and protecting assets.
EIC operates primarily through two key business segments: Underwriting of General Insurance and Investments. These segments enable the company to offer comprehensive insurance solutions while maintaining financial stability through strategic investments. The Underwriting of General Insurance segment is the core of the company’s operations and includes a variety of insurance products to address different risk categories. The company’s solutions cover property insurance, engineering and construction, motor insurance, general accident insurance, health and life insurance, specialty lines, and marine insurance. Additionally, EIC provides specialized coverage for sectors such as oil and gas, liability insurance, and energy reinsurance, ensuring that businesses in high-risk industries have the protection they need.
The company’s property insurance solutions are designed to protect residential, commercial, and industrial properties against a range of risks, including fire, theft, and natural disasters. EIC’s engineering and construction insurance covers large infrastructure and development projects, safeguarding contractors and developers from potential risks during construction and maintenance. The motor insurance offered by EIC provides coverage for private vehicles, commercial fleets, and public transport, ensuring financial security in the event of accidents, theft, or damages. Through general accident insurance, EIC offers protection against personal injuries or accidents that could result in significant financial loss.
EIC’s health and life insurance products provide essential coverage for individuals and families. The company offers a range of health insurance plans, from basic medical coverage to comprehensive policies that include hospitalization, outpatient care, and emergency medical services. Life insurance options help secure the financial future of policyholders’ families by providing coverage in the event of death or disability. Furthermore, EIC’s specialty lines include tailored insurance solutions for industries such as oil and gas, energy, and liability, which require specific coverage due to the unique risks associated with these sectors.
The Investments segment of EIC is equally important to the company’s financial strategy. EIC actively invests its funds in various marketable equity securities, investment funds, bonds, term deposits with banks, investment properties, and other securities. The company’s investment strategy is designed to generate stable returns, provide liquidity, and support its core insurance operations. By diversifying its investment portfolio, EIC ensures that it can navigate market fluctuations and generate value for its shareholders.
EIC’s subsidiary network includes companies such as Direct Trading LLC, Palms Sports Events LLC, and Secure Facilities General, which further expand its service offerings. These subsidiaries provide specialized services related to event management, secure facilities, and other sectors that complement the company’s core insurance business. This diversification strengthens EIC’s position in the market and enables it to offer a broader range of services to its clients.
Operating from its head office in Abu Dhabi and with branch offices in Dubai, Al Ain, and the Jebel Ali Freezone, EIC is well-positioned to serve clients across the UAE. The company’s extensive network of offices ensures that it can provide prompt and efficient service to individuals, businesses, and organizations throughout the country. EIC’s long-standing presence in the UAE market and its dedication to offering comprehensive and reliable insurance coverage make it a trusted partner for all insurance needs.
In addition to offering a wide range of insurance products, EIC is committed to maintaining the highest standards of customer service. The company’s focus on transparent communication, timely claims processing, and customer satisfaction has helped it build a loyal client base. EIC continues to strengthen its position as a leader in the UAE insurance market by investing in new products, expanding its network, and responding to the changing needs of the market.
For corporate inquiries, investment opportunities, or partnership discussions, Emirates Insurance Company PJSC’s head office is located at:
Emirates Insurance Company Building, Tourist Club Street, P.O.Box: 3856 Al Zahiya, United Arab Emirates.
