Insurance House
AADX:IH1.32
AED
+0.02
(+1.54%)
ISIN
AEI000401010
Return %
Stock
S&P 500
1Y
132.80
14.20
3Y
42.09
81.12
5Y
45.37
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Mohammed Alamin Abu Quora
- Full Time Employees
- 66
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Abu Dhabi United Arab Emirates
- IPO Date
- Jun 20, 2011
- Website
- insurancehouse.ae
- Similar Companies
- Business
- Insurance House P.S.C. is a United Arab Emirates-based public joint-stock company engaged in the provision of non-life general insurance and reinsurance solutions alongside investment management activities. Established in December 2010 and commencing commercial operations in April 2011, the company is headquartered in Abu Dhabi, UAE, and operates primarily through two reporting segments: Underwriting and Investments. The company provides a comprehensive range of conventional and customized insurance products across personal and commercial lines. Its core product and service portfolio comprises motor insurance, including comprehensive and third-party liability policies; individual, family, and group health insurance plans; travel insurance for domestic and international transit; home and property insurance covering building structures and household contents; personal accident insurance for individuals and corporate groups; commercial property and casualty solutions, including fire, allied perils, property all-risk, business interruption, money insurance, and fidelity guarantee; liability insurance, covering public and product liability, professional indemnity, medical malpractice, directors and officers liability, and workmen compensation; engineering and construction insurance, including contractor all-risk, erection all-risk, machinery breakdown, boiler and pressure plant, and electronic equipment coverage; marine and aviation insurance, encompassing marine cargo, marine hull and machinery, freight forwarding liability, and specialized aviation covers; and specialty lines, such as banker blanket bonds, jeweler block insurance, trade credit protection, event cancellation, and energy-related risk underwriting. In its investment segment, the company manages a portfolio of marketable equity securities, investment funds, and short- to medium-term bank deposits. The company serves a diverse client base encompassing individual retail consumers, small and medium-sized enterprises (SMEs), large multinational corporations, and government entities across the United Arab Emirates, maintaining regional service branch networks in Abu Dhabi, Dubai, and Sharjah. Insurance House is listed on the Abu Dhabi Securities Exchange (ADX: IH) and operates as a core insurance affiliate of Abu Dhabi-based Finance House P.J.S.C., which serves as a founding shareholder and strategic partner providing corporate shared services, infrastructure, and financial backing. In recent operations, Insurance House has executed a comprehensive strategic reset focused on digital transformation, operational efficiency, and InsurTech modernization to accelerate sustainable underwriting growth. Under the executive leadership of Chief Executive Officer Isaam Mouslimani, the company has implemented extensive automation across its policy issuance, digital underwriting, and claims management channels. Recent commercial and operational developments include the launch of an SME-tailored Easy Payment Plan offering interest-free installment options for group health insurance schemes to address expanding federal mandatory medical coverage regulations; a strategic operational partnership with Copart UAE Auctions to automate salvage vehicle asset management via specialized digital salvage auctions; and a professional development alliance with the Bahrain Institute of Banking & Finance (BIBF) to deliver Chartered Insurance Institute (CII) certifications across technical underwriting and claims teams. Supported by disciplined risk selection and digital sales acceleration, the company has driven significant operational turnaround, achieving substantial premium revenue growth and improved underwriting profitability across its primary insurance segments.