Jerusalem Insurance Co. (JICO)

The main focus of Jerusalem Insurance Co. (JICO) is providing businesses, families and individuals across the country with the best innovative and exclusive solutions through years of experiences in creating unique and ingenious insurance products and services.

JICO entered the business world in 1975, with a total paid up capital of JOD 160,000. Since then, JICO’s paid up capital has continued to grow. It reached JOD 1.5 million in 1982 and JOD 3 million in 1998. The paid-up capital is currently JOD 8 million, while assets have reached JOD 41,608,230 million by the end of 2022.

JICO has developed into one of the leading insurance providers in Jordan, offering its services through its head office in Amman and a large network of agencies spread all over the country.

JICO is committed to providing businesses, families and individuals across the country with the best, innovative and most exclusive solutions that will ensure protection of their property, assets, employees, earnings and liabilities on a cost-effective basis.

JICO is known for its exceptional management team, and is backed by dedicated employees with combined skills and expertise.

JICO offers a combination of life and non-life insurance solutions to industrial and commercial enterprises, as well as individuals and families.

The company’s robust and innovative portfolio of commercial and personal tailor-made protection solutions covers different classes of businesses.

JICO’s philosophy serves as a guiding roadmap for the organization, unifying the team, strengthening customer relationships, and establishing ethical principles. It ultimately directs the company’s operations and ensures a positive, enduring impression on both clients and team members.

JICO’s vision is to become the most innovative, people-centric and trusted insurer in Jordan and beyond.

JICO promises its clients to be "With you, anytime, anywhere". 

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Main Financial Indicators (end of 2022):
• Solvency Margin 208%
• Total Assets JOD 41,608,230
• Total Shareholder’s Equity JOD 14,895,038
• Gross Premium JOD 33,255,269
• Technical Reserves JOD 19,838,977
• Investments JOD 25,580,882
• Bank Deposits JOD 17,158,239
• Share Book Value JOD 1.95
• Gross Profit (before tax) JOD 2,218,463

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