About
National Insurance Company (NIC) was founded in 1992 by a group of expert Palestinian professionals. Its establishment occurred in the midst of an uncertain eco-political climate, which included the withdrawal of Israeli insurance companies from the Palestinian market. Since then, NIC has achieved numerous successes due to its unparalleled strengths within Palestine.
In addition to our economical and social role, we have contributed significantly to the growth and development of the insurance industry in Palestine. We offer a wide variety of products and creative insurance solutions within our General and Life Insurance portfolios. We take pride in knowing that over the years we have assisted our customers in finding the best coverage for the right price. Our claims service is of the highest standards of professionalism and speed.
We also stress the importance of excellent and comprehensive reinsurance coverage as part of our overall service through dealing with only the best worldwide reinsurance companies. We endeavor to keep our customer informed of this strong relationship with our reinsurers as a means of securing the customer’s needs and requirements.
Sales and Operations are currently conducted through the head-office in Al-Bireh city as well as 27 branches and offices in Palestine. NIC has achieved premiums of USD 55 million in 2022, its capital is USD 17.25 million, and its totals assets are around USD 131 million.
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