Trust Insurance Solutions

What Trust Insurance Solutions does

Trust Insurance Solutions (operating as Soteria Insurance Solutions, legally registered as Al-Nitaq Insurance Solutions Company) is a privately held insurance brokerage and reinsurance intermediary headquartered in Amman, Jordan. Founded in 2005 with insurance and reinsurance operations dating to 1998, the firm distributes a portfolio of 20+ direct insurance lines including property & fire, life, motor, individual and group medical, marine, travel, engineering, liability, personal accident, energy/oil & gas, bankers blanket bond, jewelers block, political violence, political risk, cyber, and credit insurance. It also operates a reinsurance intermediary practice placing facultative, treaty, and retrocession business with Arab, European, Asian, and emerging-markets reinsurers, and offers insurance consultation services covering risk management, tender support, M&A advisory for insurance entities, and feasibility studies.

The firm generates revenue exclusively through commissions earned as an intermediary placing business with a network of carrier partners that includes MetLife, GIG (Gulf Insurance Group), Solidarity, Al-Manara Insurance, Arabia Insurance, Jericho Insurance Services (JIS), Quds Insurance, and Swiss Insurance. No proprietary underwriting or policy administration technology is described; the competitive narrative is built on human expertise, breadth of product access, and direct senior-led client engagement. Distribution is entirely direct and relationship-based, with Chairman & CEO Fadi Kayyali and Technical Director Hassan Hammad personally conducting client consultations on-site, including weekends and holidays. The customer base is reported at 5,000+ clients, segmented across corporate/institutional accounts, individual and family consumers, and insurance/reinsurance companies, with activity concentrated in Jordan and select MENA energy and oil & gas engagements.

Name

Trust Insurance Solutions

Legal name

Al-Nitaq Insurance Solutions Company

Website

https://trst-ins.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Trust Insurance Solutions is a private Jordanian insurance brokerage and reinsurance intermediary distributing 20+ direct insurance lines and facultative, treaty, and retrocession reinsurance placements to corporate, institutional, individual, and insurer clients across Jordan and the MENA region.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Reinsurance Claims, Accounting & Contract Administration (Broker Services) (FSAOAHAI)

akta.pro secondary industry

Insurance Due Diligence & Transaction Risk Advisory (M&A, W&I) (FSAEADAM)

Keywords

• Insurance brokerage
• Reinsurance services
• Risk management
• Commercial insurance
• Insurance consulting

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Soteria Insurance Solutions acts as an intermediary (broker) between insurance buyers (clients) and insurance companies. Revenue is generated through commissions paid by insurer partners on policies placed. The company also serves as a reinsurance intermediary, earning commissions or fees from reinsurance placements for ceding insurers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Trust Insurance Solutions (operating as Soteria Insurance Solutions) is a Jordan-based insurance and reinsurance brokerage and risk management advisory firm. The company acts as an intermediary between insurance buyers and insurance/reinsurance companies, placing direct insurance coverage across 17+ lines (property, life, marine, motor, medical, engineering, liability, energy, cyber, political violence, credit, etc.) and providing facultative, treaty, and retrocession reinsurance placements. It also delivers insurance consultation services including risk management, M&A advisory, tender consultations, and feasibility studies.

Product overview

Trust Insurance Solutions (also known as Soteria Insurance Solutions) operates as an insurance brokerage and risk management advisory firm established in 2005. The company provides a comprehensive portfolio of insurance and reinsurance products through three main service categories: (1) Direct Insurance covering 17 types including Property & Fire, Life, Marine, Travel, Individual and Group Medical, Motor, Engineering, Liability, Oil & Gas, Personal Accident, Bankers Blanket Bond, Jewelers Block, Political Violence, Political Risk, Cyber, and Credit Insurance; (2) Reinsurance services encompassing Facultative, Treaty, and Retrocession Reinsurance for insurance companies and reinsurance companies; and (3) Insurance Consultation services including risk management advisory, tender consultations, merger and acquisition support, and feasibility studies. The company operates from Jordan serving the MENA region with a focus on providing one-stop insurance solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Property & Fire Insurance
• Life Insurance
• Marine Insurance
• Travel Insurance
• Individual Medical Insurance
• Group Medical Insurance
• Motor Insurance
• Engineering Insurance
• Liability Insurance
• Oil & Gas Insurance
• Personal Accident Insurance
• Bankers Blanket Bond Insurance
• Jewelers Block Insurance
• Political Violence Insurance
• Political Risk Insurance
• Cyber Insurance
• Credit Insurance
• Facultative Reinsurance
• Treaty Reinsurance
• Retrocession Reinsurance
• Insurance Consultation Services

Quantifiable outcome

• 5,000+ satisfied clients served
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Jordan Insurance Federation (JIF)coreStrategic or Co-development PartnerSoteria Insurance Solutions maintains an active relationship with the Jordanian Federation of Insurance Companies, participating in industry conferences and engaging in constructive dialogue to serve the insurance sector in Jordan. CEO Mr. Fadi Kayyali and Technical Director Hassan Hammad met with JIF Director Dr. Muayad Al-Kalub to discuss market conditions, cooperation between brokers and insurers, and the federation's electronic automation initiatives.
• MetLifeminorChannel Partner/ Reseller/ DistributorMetLife is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.
• GIG (Gulf Insurance Group)minorChannel Partner/ Reseller/ DistributorGIG is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.
• SolidarityminorChannel Partner/ Reseller/ DistributorSolidarity is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.
• Al-Manara InsuranceminorChannel Partner/ Reseller/ DistributorAl-Manara Insurance is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.
• Arabia Insurance CompanyminorChannel Partner/ Reseller/ DistributorArabia Insurance Company is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.
• Jericho Insurance Services (JIS)minorChannel Partner/ Reseller/ DistributorJericho Insurance Services (JIS) is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.
• Quds InsuranceminorChannel Partner/ Reseller/ DistributorQuds Insurance is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.
• Swiss InsuranceminorChannel Partner/ Reseller/ DistributorSwiss Insurance is listed among Soteria Insurance Solutions' partner insurance companies whose products are distributed through the broker.

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Marsh (MENA): Marsh is a global insurance brokerage and risk advisory firm with extensive MENA operations across corporate, energy, and reinsurance lines, overlapping with Soteria's full-spectrum brokerage services.
• Aon (MENA): Aon is a global brokerage and reinsurance intermediary operating in MENA, competing for the same large corporate, energy, and reinsurance placements as Soteria's broker and reinsurance intermediary business.
• Arthur J. Gallagher (MENA): Gallagher is a global insurance brokerage with growing MENA presence in commercial, energy, and reinsurance brokerage, comparable to Soteria's full-service brokerage model.

Direct peers

• Howden Insurance Brokers (MENA): Howden operates a regional insurance and reinsurance brokerage with a strong presence in MENA, offering corporate, energy, and specialty lines through direct broker-client relationships comparable to Soteria's model.
• NASCO Insurance Brokers (Jordan): NASCO is a Jordan-headquartered insurance and reinsurance broker serving MENA, with overlapping direct insurance and reinsurance intermediation capabilities similar to Soteria's offerings.
• ISF (International Insurance & Reinsurance Brokers) Jordan: ISF is a Jordan-based insurance and reinsurance brokerage serving regional markets, offering comparable direct insurance placement and facultative/treaty reinsurance intermediation.

Others

• GIG Gulf (Gulf Insurance Group): GIG is a leading MENA insurance carrier listed among Soteria's distribution partners; it competes for direct underwriting of the same corporate and energy risks that Soteria places.
• National Insurance Company (Jordan) / NIC: NIC is one of Jordan's leading insurance carriers and a partner insurance company whose products Soteria distributes; as a domestic carrier it competes for similar MENA accounts and indirectly for placement volumes.

Regional players

• Al-Faisaliah Insurance Brokers (Jordan): Al-Faisaliah is a Jordanian insurance brokerage offering commercial and personal lines to corporate and individual clients, similar in scale and product breadth to Soteria's domestic brokerage operations.
• Middle East Insurance Brokers (MEIB): MEIB is a MENA-focused insurance and reinsurance brokerage serving commercial and energy clients, comparable in scope and target market to Soteria's regional reinsurance and energy insurance practice.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Trust Insurance Solutions