TOP INSURANCE COMPANIES IN QATAR - CYNOSURE365

TOP INSURANCE COMPANIES IN QATAR

TOP INSURANCE COMPANIES IN QATAR

What is an insurance company? 

A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment or hardship in exchange for premium payments. The company calculates the risk of occurrence then determines the cost to replace (pay for) the loss to determine the premium amount.

There is a wide range of insurance policies, each aimed at safeguarding certain aspects of your health or assets.

  • Life Insurance
  • Car Insurance
  • Health insurance
  • Travel insurance
  • Property insurance
  • Mobile insurance
  • Motor Cycle insurance
  • Bite-size insurance

 

Which is the best insurance company in Qatar?

Here we are going to discuss about top insurance companies in Qatar that you can pick and choose from, depending on what kind of insurance you are looking for.

 Licensed Insurance Companies In State of Qatar

1) QATAR INSURANCE COMPANY

Qatar Insurance Company (QIC) is a publicly listed composite insurer with a consistent performance history of over 50 years and a global underwriting footprint. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA region.

Personal Insurance: Car Insurance | Motorcycle Insurance | Travel Insurance | Home Insurance | Boat Insurance | Life & Medical

Business Insurance: Property & Commercial | Marine & Aviation | Energy | Motor Fleet

               

Address:  Aldafna – St. No. 840 – Bldg. 24

PH: +974 44962222,

Website : www.qic.com.qa

Email: qatarins@qic.com.qa

 

02) DOHA INSURANCE COMPANY

Among the leading national insurance groups in Qatar, Doha Insurance Group (DIG) was incorporated by a group of Qatari business leaders upon the Emiri Decree No. (30) On October 2, 1999. DIG operates as a Qatari shareholding company listed on the Qatar Exchange.

 

Personal Insurance: car insurance | travel insurance | yacht insurance

Corporate / business insurance: motor fleet insurance | aviation insurance | engineering insurance | fire insurance | health /medical insurance | marine insurance

 

Address: C Ring Road – St. 230 – Bldg. 207

PH: +974 44292777

Website: www.dicqatar.com

Email: info@dicqatar.com

 

3) QATAR GENERAL INSURANCE & REINSURANCE COMPANY

QGIRCO is a leading insurance company in the region. Established in 1979 and are proud to be one of the financially strongest and most trusted insurance providers in our region, with 10 years of ‘Excellent’ credit ratings.

Personal insurance: motor insurance | villa / home owner insurance | personal accident insurance | health / medical insurance | jewellery insurance | travel insurance

Corporate / business insurance: energy insurance | motor insurance | engineering insurance | casualty insurance | property insurance | medical and life insurance | marine insurance

 

Address:  Mushaireb – Ahmed Bin

PH: +974 44282222

Website: www.qgirco.com

Email: info@qgirco.com

 

4) ALKOOT INSURANCE & REINSURANCE COMPANY

Named after a historical fort​, Al Koot, one of the oldest forts in the country which was built in the ottoman period in 1880 when Doha was lit​tle more than a village, the company is a symbol of protection for the energy industry.

General Insurance: Energy | Marine | Property | Engineering | Aviation | Casual​ty

Medical & Life: Medical | Group Life


Address: Mohammed Bin Thani St. Bldg 260

PH: +974 44976767

Website: www.alkoot.com.qa

Email: serajy@qp.com.qa

 

NATIONAL TAKAFUL AND RETAKAFUL COMPANIES

 

1) AL KHALEEJ TAKAFUL GROUP

AlKhaleej Takaful Insurance Company was established in 1979 to provide all kinds of conventional insurance and reinsurance services and since then they are proud of the experience and distinguished services they offer for over 40 years. On 2010, it has become a Takaful Insurance company in compliance with Islamic Sharia` principles.

 

INSURANCE

  • MOTOR INSURANCE
  • MEDICAL, GROUP LIFE & TRAVEL
  • PROPERTY INSURANCE

 

Address: Grand Hamad St. Area 5

PH: +974 44041111

Website: www.alkhaleej.com

Email: ktg@alkhaleej.com

 

2) DAMAN ISLAMIC INSURANCE COMPANY (BEEMA)

Damaan Islamic Insurance Company – Beema  is licensed to operate by the Qatar Central Bank 13/2009. the Company’s commercial registration number with the State of Qatar is 43652. Moreover, it offers a wide range of takaful insurance solutions to protect its clients from various risks.

The paid-up capital is QR 200 million (QR 200,000,000)

Retail Insurance: Motor Insurance | Travel Insurance | Home Insurance | Domestic Help Accident | Individual Life Insurance | Marine Insurance Pleasure Craft | Caravan Insurance

Corporate Insurance: Group Medical Insurance | Group Life Insurance | Aviation Insurance | Marine Hull Insurance | Miscellaneous Insurance | Engineering Insurance | Liability Insurance | Workmen’s Compensation Insurance | Property Insurance

 

Address: Alsadd – Suhaim Bin Hamad St

PH: +974 44050555

Website: www.beema.com.qa

Email: info@beema.com.qa

 

3) QATAR ISLAMIC INSURANCE COMPANY

Islamic insurance is founded on the cooperative principle. Policyholders premiums, which are considered to be donations, form the general fund from which any claims are met. At the end of the year, any remaining cash surplus (after deduction of expenses) is not kept by the company or its shareholders, but returned to the policyholders in the form of cash dividends or distributions.

Personal Insurance: health / medical insurance, life (Takaful) insurance, motor insurance, property insurance, general accidents insurance and travel insurance.

Corporate / business insurance: health / medical insurance, life (Aman Takaful) insurance, aviation insurance, marine insurance, freight insurance, banking insurance, electronics insurance, computer insurance, construction insurance, engineering insurance, energy insurance and agricultural insurance.

 

Address: C Ring Road - Alhilal

PH: 44658888

Website: www.qiic.com.qa

Email: qiic@qiic.com.qa

 

4) GENERAL TAKAFUL COMPANY

General Takaful is a national company that has served the insurance needs of individuals and businesses since 2008 on the basis of cooperation in accordance with the principles of Islamic and Shariaa

General Takaful has set a clear and fundamental purpose to provide Sharia’a compliant, ethical, innovative, unique and comprehensive Islamic insurance products that support growing needs of the State of Qatar economy and the GCC.

PRODUCTS

  • Family Takaful
  • Motor Insurance
  • Property
  • Engineering
  • Marine
  • Accident & Liability

Address : C Ring Road – St. 230

PH: 44339777

Email: info@g.takaful.net

 

5) QATAR TAKAFUL COMPANY

Address: Grand Hamad St. – Alnajada    

PH: +974 44041111

Website: www.alkaleej.com

Email: info@qatar-takaful.com

 

FOREIGN INSURANCE COMPANIES


1) ARABIA INSURANCE COMPANY S.A.L

Established in 1944 and present across 9 Arab territories, Arabia Insurance owes its strength to 75 years of regional expertise, locally customized solutions, and a key focus on customer centricity to meet customers’ evolving needs.

 

PRODUCTS

  1. Life Insurance
  2. Medical Insurance
  3. Personal Accident
  4. Home Insurance
  5. Motor Insurance
  6. Travel Insurance
  7. Expat Insurance
  8. Hunting Insurance
  9. Marine Insurance
  10. General Accidents
  11. Property Insurance
  12. Financial Lines

 

Address: C Ring Road – Ibn Derham – St. 230

PH: +974 44422682

Website: www.arabianinsurance.com

Email: managerqt@arabiainsurance.com

 

 

2) LIBANO – SUISSE INSURANCE COMPANY

Libano-Suisse Insurance Company was established in 1959 in Qatar and is considered the pioneer foreign insurance company operating in the local Qatari market.

Individuals: Health | Householder’s | Comprehensive | Personal Accident | Motor | Marine Hull | Travel Assistance

Businesses: Liability | Property | Health Group Standard | Money & Fidelity | Marine Cargo | Engineering Lines | Workmen’s Compensation


Address: C Ring Road – Nuaija st.230

PH: +974 44664406

Website: www.libano-suisse.com

Email: qatar@libano-suisse.com

 

3) AMERICAN LIFE INSURANCE COMPANY

American Income Life is an international Company protecting working families in the United States, Canada, New Zealand, and through our wholly-owned subsidiary, National Income Life Insurance Company in New York.

PRODUCTS: Life Insurance | Accident & Supplemental Health Insurance | No-Cost Products | Special Risk Insurance Resources


Address: Airport Road – St. 310

PH: 44655057

Website: www.metlife-corp.com

 

INSURANCE COMPANIES REPRESENTATIVES

 

1) OMAN INSURANCE COMPANY

Representative of Oman Insurance Company

(Oman)

Address: C Ring Road – Umghouaileena Bldg 36

PH: +974 44422110

Website: www.tameen.ae

 

2) MOZOON INSURANCE MARKETING COMPANY

Representative of Qatar General Insurance &

Reinsurance Company (Qatar)

Address : Mushaireb – St. 214

PH: +974 44282222

Website: www.qgirco.com

Email: qghco@qgirco.com

 

3) MASSOUN INSURANCE SERVICES COMPANY

Representative of Qatar Insurance Company

(Qatar)

Address: Aldafna – bldg. 24

PH: +974 44962479

 

Finally, when buying insurance, always make sure you can afford it. Remember, insurance is meant to protect you and your finances, not hurt them.


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