Al Nisr Al Arabi Insurance

What Al Nisr Al Arabi Insurance does

Al Nisr Al Arabi Insurance Company is a Jordanian general insurance carrier founded in 1976 and headquartered in Amman, operating as a subsidiary of the Arab Bank Group and regulated by the Jordan Securities Commission. The company sells a comprehensive multi-line insurance portfolio split across two customer segments: individuals and families (health, term life, education, retirement, travel, home, and personal accident insurance), and businesses and corporates (group life and medical, property, cargo, engineering, financial lines, and liability insurance). It also offers investment-linked life insurance with annual profit distribution to policyholders.

The company operates a multi-channel distribution model that combines three physical branches in Amman, Irbid, and Aqaba; a banking channel through the Arab Bank branch network across Jordan; and digital self-service via the Client Space portal and the NatHealth mobile application, which provides access to a medical network of approximately 4,000 clinics and 5,300+ healthcare providers. Core technology consists of conventional insurance administration systems, a first-in-Jordan electronic document management system (implemented with Image Technologies in 2021), and a digital client portal launched in 2024.

Revenue is generated through recurring insurance premiums across both individual and group lines, with investment-linked life products adding a profit-distribution component. In August 2025, the company completed a 60% capital increase to 16,000,000 JOD through the issuance of 6 million new shares.

Name

Al Nisr Al Arabi Insurance

Legal name

Al Nisr Al Arabi Insurance Company

Website

https://al-nisr.com

Company type

Public

Founded year

1976

Operating status

Operating

Short description

Al Nisr Al Arabi Insurance is a Jordanian multi-line insurer, founded 1976 and part of Arab Bank Group, offering life, health, property, liability, and specialty insurance to individuals and businesses through three branches, bank channel distribution, and digital platforms.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Insurance Carriers (5241), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Fire, Marine & Casualty Insurance (6331), Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)

akta.pro secondary industries

Group/Employer-Sponsored Critical Illness & Hospital Indemnity (FSAIAKAD), Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity) (HLAEABAJ)

Keywords

• Life insurance
• Health insurance
• Property insurance
• Commercial insurance
• Insurance underwriting

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Individual Insurance Premiums: Collection of recurring premiums from individual life, health, travel, home, and personal accident insurance policies
2. Group Insurance Premiums: Corporate group life and medical insurance policies for businesses, providing recurring premium revenue from employer-sponsored coverage
3. Commercial/Business Insurance: Property, cargo, engineering, financial lines, and liability insurance products for businesses
4. Life Portfolio Profit Distribution: Distribution of profits to investment-type life insurance policyholders annually, based on company performance

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Al Nisr Al Arabi Insurance provides a comprehensive insurance portfolio to individuals and businesses in Jordan, including life, health, education, retirement, travel, home, personal accident, property, cargo, engineering, financial lines, liability, and group life & medical insurance products. Its offerings are supported by the Client Space digital portal for policy management and the NatHealth network giving access to over 5,300 healthcare providers across roughly 4,000 clinics.

Product overview

Al Nisr Al Arabi Insurance offers a comprehensive insurance portfolio organized into two main segments: individual/family products and business/corporate products. The individual portfolio includes Health Insurance (with access to NatHealth network of 5,300+ providers), Term Life Insurance, Education Insurance, Retirement Insurance, Tree of Life (all-in-one solution), Travel Insurance, Home Insurance, and Personal Accident Insurance. The business portfolio includes Group Life & Medical Insurance, Cargo Insurance, Engineering Insurances, Financial Lines Insurances, Liability Insurance, and Property Insurance. The company also provides digital customer service through its Client Space portal and NatHealth mobile application. All offerings are complemented by a medical network spanning approximately 4,000 clinics across Jordan.

Differentiator

Problem solved

Functional benefit

Brands

• NatHealth: A digital health insurance platform and medical network app providing access to 5,300+ healthcare providers, health information, replacement to paper forms, and 24-hour hotline service.
• Client Space
• Tree of Life

Products and services

• Education Insurance Insurance product that protects children's educational future by securing funding for their academic pursuits, targeting parents and families in Jordan.
• Retirement Insurance Insurance product that enables early planning for retirement years and provides financial security in later life stages for individual policyholders.
• Tree of Life All-in-one insurance solution designed to accompany policyholders through every stage of life by combining multiple coverage types into a single umbrella product.
• Health Insurance Lifetime health protection insurance for individuals, providing access to a network of over 5,300 healthcare providers through the NatHealth platform.
• Travel Insurance Travel insurance offering comprehensive coverage for trips, providing peace of mind to travelers.
• Home Insurance Insurance that protects homeowners against financial losses from unexpected accidents and damages to their property.
• Personal Accident Insurance Insurance providing financial protection for individuals and families against unexpected accidents.
• Term Life Insurance Life insurance that offers financial protection for families, ensuring dependents are secured in case of the policyholder's death.
• Cargo Insurance Commercial insurance providing coverage for goods in transit, protecting businesses against loss or damage during transportation.
• Engineering Insurances Commercial insurance covering engineering-related risks including construction, installation, and machinery breakdowns for business operations.
• Financial Lines Insurances Commercial insurance covering financial institutions and businesses against losses from professional liability, fidelity, and cyber risks.
• Group Life & Medical Insurance Comprehensive employee benefit package offering life and health coverage for groups and corporate clients.
• Liability Insurance Commercial insurance that protects businesses against legal liabilities arising from third-party claims for damages or injuries.
• Property Insurance Commercial insurance covering physical assets including buildings, equipment, and inventory against damage or loss.
• Client Space Digital Portal Digital self-service portal enabling customers to view policy details, access coverage information, make premium payments, submit requests, and manage their insurance portfolio online.
• NatHealth Mobile App Mobile application providing health insurance management with access to over 5,300 healthcare providers, health information, a 24-hour hotline service, and a digital replacement for paper health forms.

Quantifiable outcome

• Over 5,300 healthcare providers accessible through NatHealth app
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Securities Commission of JordancoreOthers · 24 August 2025Regulatory partnership for capital increase approval. The Securities Commission approved the 60% capital increase from 10 million to 16 million Jordanian Dinars through registration of 6 million new shares.
• Image TechnologiescoreTechnology or Integration · 4 May 2019First-in-Jordan partnership to implement electronic document management systems, eliminating manual document handling for faster insurance procedures and claims processing.
• Elya Nql Foundation (مؤسسة إيليا نقل)minorStrategic or Co-development Partner · 1 January 2019Partnership signed in January 2019 to support university students academically and professionally. The partnership includes providing university tuition coverage and transportation expenses for qualifying students.
• Arab BankcoreChannel Partner/ Reseller/ DistributorBanking partnership for distribution of insurance products through Arab Bank branches. Arab Bank acts as a distribution channel for Al Nisr insurance products, particularly for policies purchased through the bank.
• NatHealth (Health Insurance Management Company)coreTechnology or IntegrationNatHealth operates as the medical network management partner, providing access to 5,300+ healthcare providers through their platform and app. Al Nisr shares health data with NatHealth for claims processing and network access.
• eFAWATEERcomminorChannel Partner/ Reseller/ DistributorPartnership with Jordan's government e-payment system enabling customers to pay insurance premiums online through their bank accounts.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• First Insurance Company: Jordanian insurer listed on the Amman Stock Exchange providing general insurance products. Comparable as a regional multi-line carrier operating in the same regulatory and competitive environment.
• National Insurance Company (NIC): One of the oldest Jordanian insurance carriers offering a similar mix of life, health, property, and casualty products domestically. Comparable in operating geography, regulatory regime, and bancassurance-style distribution.
• Arab Jordanian Insurance Group (AJIG): Jordan-based multi-line insurance group offering life, medical, motor, marine, and engineering policies. Directly comparable in market positioning and product portfolio.
• Jordan International Insurance Company (JIIC): Jordanian multi-line insurer listed on the Amman Stock Exchange offering life, health, motor, marine, fire, and liability coverage to individuals and corporates. Direct comparable in scale, market, and product breadth.
• Takaful Insurance Company: Jordanian Islamic (Sharia-compliant) insurer offering family and general Takaful products including health, life, motor, and property. Comparable as a domestic multi-line competitor addressing overlapping customer segments.

Broad incumbents

• AXA: Global multi-line insurance carrier with regional operations across MENA. Comparable in product breadth (life, health, P&C) and digital servicing model, though operating at vastly greater scale and capital depth.
• Gulf Insurance Group (GIG): Major MENA insurance group operating across the GCC and Levant, offering life, health, motor, and commercial lines. Overlaps with Al Nisr's product set at much greater scale and with deeper reinsurance capacity.
• MetLife: Global life and health insurance leader with MENA presence. Comparable in life-insurance product design (term, retirement, education savings) and group/employer-sponsored coverage, though at vastly larger scale.
• Allianz: Global multi-line insurer operating across MENA via local entities. Comparable across life, health, and commercial lines; a benchmark for digital servicing and bancassurance partnerships in the region.

Regional players

• Bupa Arabia: Leading health-insurance specialist in the GCC with provider-network-driven model. Comparable in health-insurance positioning and emphasis on provider networks as a competitive lever, though operating in Saudi Arabia rather than Jordan.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AlNisrAlArabiInsurance
• Instagraminstagram.com/alnisralarabiinsurance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Al Nisr Al Arabi Insurance