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Adamjee Insurance Company Ltd.

Adamjee Insurance Company Ltd. [AIC] established in 1960 to undertake general and life insurance business, the Life Insurance Division of the company was Nationalized in 1974. Since then, AIC has been investing its resources on providing general insurance covers for marine, fire, motor and miscellaneous risks. In recent years it has been a pioneer in launching new types of insurance policies which are: Home Insurance, Kidnap & Ransom, Personal Accident, Medical Insurance & various types of covers for Power Generation/Infrastructure Projects. Today, AIC is the largest insurance company in Pakistan and operates through its 1000 employees at its 84 branches all over Pakistan . It is the leader amongst 40 general insurance companies and commands a  38% market share, as well as a reputation of being one of the most prompt and efficient settlers of claims. International offices includes 6 branches each in Dubai , Abu      Dhabi , Sharjah, Jeddah, Dammam and London . Plans are underway to establish a branch in Dhaka .

The management team at AIC is considered to be the most professional in its industry. The Company has earned a rating of "A" [Excellent] by A.M. BEST COMPANY INC., AIC is a Public Limited Company and is listed on the Karachi Stock Exchange.

The Adamjee families holding have been diluted since 2004 when there was a change in management of ownership structure: The Family now owns a strategic stake of 20% Recently AIC has planned enter life insurance business in joint venture with a south Africa insurer; this will be a subsidiary of AIC and will be marketed under brand name of “Adamjee

Please see website:

www.adamjeeinsurance.com

 
The founding father of the Adamjee industrial group was not just a businessman, but also an avid educationist
 
The founding father of the Adamjee industrial group was not just a businessman, but also an avid educationist
As Jinnah and colleagues assembled in to Karachi from the 7th of august 1947 for the ceremonial occasion

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