What Arman Insurance does

Arman Insurance is an Iranian public joint stock company (بیمه آرمان) licensed by the Central Bank of Iran and listed on the Tehran Stock Exchange under ticker آرمان. Founded in 2011 and headquartered in Tehran on Mirdamad Boulevard, the company operates a general insurance business spanning nine product lines: vehicle, personal, engineering, liability, fire, energy, special risks, life and investment (under the Arman Zendegi sub-brand), and marine/aviation/transport coverage.

The company distributes its products through a nationwide network of 150+ branches and 90+ authorized agencies, complemented by the armanins24.com online sales portal and an electronic services platform that supports rate inquiry, online policy issuance, claim filing, premium payment, and policy-status verification. A contracted medical-center network enables cashless health claims for policyholders. The underlying technology stack is a conventional insurance management system rather than an AI-driven platform; there is no public API, no proprietary data flywheel, and no disclosed ML capabilities.

Arman Insurance serves two principal segments: individual consumers purchasing vehicle, personal, and life coverage (the primary segment), and corporate clients purchasing engineering, energy, marine, and liability coverage. Revenue is generated through recurring premium collection across the product portfolio, with risk-based pricing determined by coverage type, coverage limits, and policyholder risk profile. The company recently announced a capital increase to support further capacity expansion and continues to invest in branch-network leadership and digital customer engagement across Iranian social platforms.

Name

Arman Insurance

Legal name

Arman Insurance (Public Joint Stock Company)

Website

https://armanins.com

Company type

Public

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premium Collection: Arman Insurance generates revenue through collecting insurance premiums across multiple insurance categories including vehicle, life, engineering, liability, fire, energy, special insurance, and marine/aviation coverage.

Pricing tiers

Distribution channels4 records

Marketing channels3 records

Core offering

Arman Insurance is a multi-line general insurance carrier in Iran offering nine core product lines: vehicle (comprehensive and third-party), personal (life, health, accident), engineering, liability, fire, energy, special risks, marine/aviation/transport, and life-and-investment insurance under the Arman Zendegi sub-brand. Coverage is delivered through a nationwide branch and agency network and supported by digital self-service portals for policy issuance, premium payment, rate inquiry, and damage claim status.

Product overview

Arman Insurance is an Iranian insurance company (سهامی عام) offering a comprehensive portfolio of insurance products across multiple categories. The company provides nine core insurance lines: vehicle insurance (بیمه خودرو), personal insurance (بیمه اشخاص), engineering insurance (بیمه های مهندسی), liability insurance (بیمه مسئولیت), fire insurance (بیمه آتش سوزی), energy insurance (بیمه انرژی), special insurance (بیمه های خاص), life and investment insurance under the Arman Zendegi brand (بیمه عمرو سرمایه گذاری آرمان زندگی), and marine/aviation/transport insurance (بیمه باربری، کشتی و هواپیما). The company also provides electronic services including online policy sales, online damage payment, electronic payment systems, and various online inquiry services for policy status, premium payments, and rate inquiries.

Differentiator

Problem solved

Functional benefit

Brands

• Arman Zendegi: Arman Life and Investment Insurance - a life insurance and investment product offered by Arman Insurance

Products and services

• Vehicle Insurance (بیمه خودرو) Vehicle insurance covering car damage, third-party liability, and related auto risks for individual and corporate vehicle owners.
• Personal Insurance (بیمه اشخاص) Personal insurance products covering individual health, accident, and life protection for individual policyholders.
• Engineering Insurance (بیمه های مهندسی) Engineering insurance covering construction, installation, and machinery risks for project owners and contractors.
• Liability Insurance (بیمه مسئولیت) Liability insurance covering professional, employer, and general third-party liability risks for businesses and individuals.
• Fire Insurance (بیمه آتش سوزی) Fire and allied perils insurance for residential and commercial properties to protect against fire-related losses.
• Energy Insurance (بیمه انرژی) Insurance coverage for oil, gas, and energy sector assets and operations, targeting companies in the energy industry.
• Special Insurance (بیمه های خاص) Specialized insurance products addressing unique and specific risk coverage needs beyond standard insurance lines.
• Arman Zendegi Life and Investment Insurance (بیمه عمر و سرمایه گذاری آرمان زندگی) Combined life insurance and investment product with savings and profit-sharing features offered under the Arman Zendegi sub-brand.
• Marine, Aviation and Transport Insurance (بیمه باربری، کشتی و هواپیما) Insurance covering cargo, marine vessels, and aviation risks for shippers, vessel operators, and aviation stakeholders.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Central Bank of Iran (بیمه مرکزی جمهوری اسلامی ایران)coreOthersRegulatory oversight and licensing authority for all insurance operations in Iran. Arman Insurance operates under license number 419801 and activity license 43541/90 issued by the Central Bank of Iran.
• Contracted Medical Centers NetworkcoreStrategic or Co-development PartnerExtensive network of healthcare providers and medical facilities across Iran offering cashless treatment services to Arman Insurance policyholders. Policyholders can search for contracted medical centers through the company's portal.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Mellat Insurance: Iranian insurer affiliated with Bank Mellat, providing multi-line personal and commercial coverage through banking cross-sell channels; competes in similar product categories.
• Karafarin Insurance: Iranian private insurer with a multi-line product portfolio and branch/agency network that overlaps directly with Arman's distribution and customer base.
• Pasargad Insurance: Large private Iranian insurer with multi-line coverage and an extensive branch footprint; competes with Arman across personal and commercial lines, particularly in Tehran and major provincial centers.
• Iran Insurance Company (Bimeh Iran): State-owned, the oldest and largest Iranian insurer, offering a multi-line portfolio (motor, life, fire, marine, engineering) directly overlapping with Arman's product set and nationwide branch distribution model.
• Asia Insurance (Bimeh Asia): One of Iran's largest private insurers with a comparable multi-line offering and broad agency network; competes head-to-head with Arman in motor, life, and commercial lines.
• Parsian Insurance: Major private Iranian insurer with diversified lines including a strong life/savings franchise (Parsian E'temad); comparable in scale, distribution breadth, and product mix to Arman.
• Dana Insurance: Privately-held Iranian insurer operating across motor, life, health, and engineering lines with a comparable nationwide distribution strategy; serves similar SME and individual customer segments.
• Alborz Insurance: State-affiliated Iranian insurer offering motor, fire, life, and engineering coverage; competes for similar individual and corporate policyholders as Arman.
• Kowsar Insurance: Mid-sized Iranian private insurer offering motor, life, and engineering coverage; comparable scale, multi-line focus, and branch-based distribution to Arman.
• Saman Insurance: Private Iranian insurer offering motor, life, health, fire, and engineering coverage with a wide agency network; directly competes for the same customer segments as Arman.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/armaninsurance
• Instagramarmanins.com/fa/sis_advService/46294-اینستاگرام.html

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Arman Insurance