Adamjee Insurance

What Adamjee Insurance does

Adamjee Insurance Company Limited (AICL) is one of the largest general insurance companies in Pakistan, incorporated as a public listed company on 28 September 1960 and trading on the Pakistan Stock Exchange under ticker AICL. The company underwrites a comprehensive portfolio of personal and commercial insurance products including car, travel, health, personal accident, home, fire and property, marine, engineering, aviation, group health, financial lines, agriculture, and Takaful (Shariah-compliant Islamic insurance). Its core technology consists of a digital insurance platform with iOS/Android mobile app (Adamjee Digital) and web-based customer portal enabling online quote, purchase, and policy management across personal lines.

The business operates a multi-channel go-to-market combining direct sales through an extensive branch network across major Pakistani cities (Karachi, Lahore, Islamabad, Faisalabad, Multan), a 24/7 call center (0800 00 242), online self-serve digital channels, and an agent/intermediary network. The company maintains regional presence in the UAE and serves diverse customer segments including individual retail consumers, corporate and SME clients, and specialized commercial accounts in Oil & Gas, energy, manufacturing, banking, and infrastructure. Pricing models range from subscription/recurring annual premiums for personal lines to unit-pricing and tier-based structures for travel (Domestic, Hajj/Umrah/Ziarat, International, Student) and health (Silver, Gold, Platinum) products.

Revenue is generated primarily through general insurance premiums collected upfront at policy inception, supplemented by Takaful contributions (Rs. 4,566 million in 2025). The company reported Gross Premium Written of Rs. 63,144 million in 2025 (up from Rs. 54,266 million in 2024), Profit After Tax of Rs. 5,133 million, and Total Assets of Rs. 134,307 million. Adamjee Insurance holds AA++ credit rating from PACRA, B rating from AM Best, and ISO 9001 certification, with the largest paid-up capital and reserves among Pakistani insurers, supported by treaty arrangements with top international reinsurers and a strategic partnership with International SOS for travel insurance services.

Name

Adamjee Insurance

Legal name

Adamjee Insurance Company Limited

Website

https://adamjeeinsurance.com

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Adamjee Insurance Company Limited is the largest general insurance company in Pakistan, founded in 1960 and listed on the PSX under AICL, underwriting personal and commercial insurance products including motor, health, travel, marine, engineering, and Takaful across Pakistan and the UAE.

Ownership category

akta.pro rank

Headquarters

HQ city

Lahore

HQ country

Pakistan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. General Insurance Premiums: Core revenue from underwriting general insurance policies including motor, health, travel, home, fire, property, marine, engineering, and other commercial lines. Premiums are collected upfront at policy inception with terms typically annual.
2. Takaful (Islamic Insurance) Contributions: Shariah-compliant Takaful products offered through Window Takaful Operations generating contribution income. The company reported Rs. 4,566 million in Takaful contributions in 2025.
3. Corporate/Business Insurance: Commercial insurance products for businesses including group health, fire & property, marine, engineering, motor fleet, fidelity guarantee, product liability, and other commercial lines.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Adamjee Insurance Company Limited underwrites and distributes general insurance products across personal lines (car, travel, health, personal accident, home) and commercial lines (fire & property, marine, engineering, motor fleet, group health, financial lines, aviation, agriculture, liability). It also offers Shariah-compliant Takaful products through its Window Takaful Operations and distributes these products via branch network, online platform, mobile app, call center, and agent network across Pakistan and the UAE.

Product overview

Adamjee Insurance Company Limited operates as a multi-product insurance provider offering both personal and business insurance solutions through a platform of distinct product lines. Personal insurance products include Car Insurance, Travel Insurance (GoSecure), Health Insurance (with Silver/Gold/Platinum tiers), Personal Accident Insurance, and Home Insurance. Business insurance encompasses Fire & Property Insurance, Marine Insurance, Engineering Insurance (covering Machinery, Electronic Equipment, Boiler & Pressure Vessel, Contractor's All Risks, and Erection All Risks), Commercial Motor Insurance, Group Health Insurance, Financial Lines, Agriculture Insurance, and Employer's Liability Policy. Additional specialized products include Fidelity Guarantee, Product Liability, Neon Sign, Plate Glass, and All Risk Valuable insurance. The company also offers Shariah-compliant Takaful products through its Window Takaful Operations. Travel insurance includes multiple sub-products: Hajj/Umrah & Ziarat Plan, International Plan, Student Plan, Domestic Plan, and Schengen Active Plan. The portfolio is supported by digital platforms including mobile applications and online quote/purchase capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• GoSecure: Travel insurance brand partnered with International SOS offering 24/7 unmatched coverage against travelling inconveniences.

Products and services

• Car Insurance
• Car Insurance Vehicle insurance policy that protects against accidents, thefts, natural disasters, and third-party liabilities. Offers third-party, comprehensive, and own damage coverage options for individual vehicle owners.
• Travel Insurance (GoSecure) Travel insurance providing 24/7 coverage against travelling inconveniences including medical emergencies, trip cancellations, baggage loss, and travel delays. Partnered with International SOS for healthcare services worldwide.
• Health Insurance Health insurance covering medical costs including hospitalization, prescription drugs, and healthcare services. Offers Silver, Gold, and Platinum tier plans with varying annual family limits (Rs. 225,000, Rs. 350,000, Rs. 500,000).
• Personal Accident Insurance Insurance providing financial security against unintentional harm, disfigurement, or death resulting from accidents. Covers accidental death, permanent disablement, medical expenses, and burial costs for individuals.
• Home Insurance Property insurance providing financial security for houses and belongings against unexpected events or property damage. Covers residential building and contents under Fire & Allied Perils policy at 0.2% annual premium rate.
• Fire & Property Insurance Insurance providing compensation for damage to property (buildings, stock, machinery, contents) caused by fire, lightning, and allied perils including riot, strike, explosion, and earthquake. Targeted at businesses and commercial property owners.
• Marine Insurance Insurance covering damages to vessel hull and machinery, cargo during transportation, and protection against liabilities for shipping and transport companies. Includes Marine Cargo, Marine Umbrella Liability, and Marine Hull and Machinery sub-products.
• Engineering Insurance Insurance protecting construction sites and equipment against accidents. Includes Machinery Insurance, Electronic Equipment Insurance, Boiler & Pressure Vessel Insurance, Contractor's All Risks, and Erection All Risks sub-products.
• Motor Insurance (Commercial) Commercial vehicle insurance providing maximum protection against thefts, accidental damage, and third-party liability with greater benefits than individual policies, targeted at corporate fleet operators and businesses.
• Group Health Insurance Corporate and SME health insurance providing customized benefit structures and value-added services for employees' health and medical needs as part of workplace benefits programs.
• Financial Lines Insurance Insurance covering financial institutions against infidelity, professional indemnity, and directors' and officers' liability for corporate and financial sector clients.
• Agriculture Insurance Insurance providing peace of mind and security towards risks associated with livestock and crop for agricultural businesses and farmers.
• Employer's Liability Policy Liability insurance protecting employers against legal liability to third parties for accidental bodily injury, death, and property damage arising from the insured's business activities.
• Aviation Insurance Insurance covering aircraft, liabilities, airports, and aviation-related interests including Aviation Hull All Risks, Aviation Legal Liabilities, Aviation Hull War & Allied Perils, Loss of License of Pilots, and Personal Accident to Crew and Passengers.
• Window Takaful Operations Shariah-compliant Takaful insurance products offered through AICL's Window Takaful Operations serving customers seeking Islamic insurance alternatives. Includes family Takaful, general Takaful, and health Takaful.

Quantifiable outcome

• Gross Premium Written: Rs. 63,144 million (2025)
• +3 more outcomes

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• International SOScoreStrategic or Co-development PartnerPartnership with world-renowned International SOS for travel insurance services providing 24/7 worldwide assistance including healthcare services, concierge, travel, cash emergency, and hotline services. Includes direct settlement of medical claims in Schengen States.
• CDC Share Registrar Services LimitedminorOthersShare registrar services provider for handling share registration, transfers, and related investor services. Located at CDC House, Karachi.
• Top International ReinsurerscoreOthersStrong treaty arrangements with top-notch international reinsurers for marine and aviation insurance, enabling competitive pricing and capacity for large risks.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key risks4 records

Key highlights7 records

Customer concentration

• Xx.com/Adamjee_ins
• Facebookfacebook.com/adamjeeinsurance

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adamjee Insurance