Jordan Insurance Federation

Jordan Insurance Federation - as it is known today - was officially established following a Royal Decree issued in 1989, with its regulation having been set out to function as a professional entity for the insurance sector as per specified objectives defined by this regulation, to be achieved in cooperation with the Insurance Commission. Later in 2008, a new regulation was issued with the express purpose of restructuring the Federation and redefining its goals and objectives, which in turn enabled the Chairman, Vice Chairman and Managing Directors to be candidates for the Board of Directors elections, in addition to increasing the number of Board Members from five to seven.

Prior to the Royal Decree, the Foundation was initially founded in 1956 as the Jordan Association for Insurance Companies, serving as the first entity for representing the insurance sector and aims to develop insurance in Jordan. In 1987, the Unified Insurance Office was created for automobile insurance, commencing operations under the Association.

Since its humble beginnings, the Federation has been presided over by several Authorities with pioneers of the insurance sector serving as members.

What We Do

The Federation is mainly concerned with the developing technical activities for setting up the principles and costumes for the practice of this profession and presentation of the studies to the local insurance market and analyzing of its factors and situations in order to regulate and coordinate insurance practices according to this market’s requirements. Furthermore, the Federation is also responsible for preparation of the directive definitions of the insurance rates and determination of the rules for granting deduction on those rates for the insured parties-clients of insurance companies which are members of this Federation.

It also seeks to unify insurance policies and establish insurance and reinsurance pools as required by the market; to enhance trust in insurance sector who are members in this Federation and assumes the responsibility for arranging for insurance seminars and conferences and training courses with the aim to promote insurance business and conduct scientific researches and prepare statistics which better serve insurance sector.

Our Vision

To pioneer in providing high-quality insurance services in order to develop the insurance sector and strengthen its role locally and regionally.

Our Mission

To improve the insurance profession and cooperate with the concerned parties to develop the local insurance industry.