Almir Insurance Consultants

What Almir Insurance Consultants does

Almir Insurance Consultants is a Lebanon-based insurance brokerage and risk management advisory firm founded in 1999 by Assad A. Abillama. The company operates from its headquarters in Sin El Fil with a second branch in Rabieh, serving individuals, multinational corporate clients, and government entities. It places business across 12 insurance carriers and advertises coverage of 17 countries and 30,279 active clients.

The firm distributes two principal product lines. Individual services cover home, car, medical, travel, life, maid, personal accident, and marine hull/yacht insurance. Corporate services span Property All Risks (PAR), Contractors All Risks (CAR), Erection All Risks (EAR), Workers Compensation, Third Party Liability, Cash in Transit, Fidelity Guarantee, Group Medical, Professional Indemnity, School Liabilities, and Political Violence coverage. Beyond placing standard carrier policies, Almir differentiates by authoring bespoke policy wordings for specialized needs (e.g., its Stem Cells Insurance product) and bundling policies to lower combined premiums.

The business model is commission-based: Almir earns brokerage commissions from insurers for placed business, supported by direct phone and in-person consultations. The company is privately held, founder-led, has approximately 5 employees, no external funding, and no disclosed revenue. Its value proposition rests on independent advice (acting on the client's behalf rather than the carrier's), claims-handling advocacy, and the ability to construct tailored coverage for niche risks.

Name

Almir Insurance Consultants

Legal name

Almir Insurance Consultants

Website

https://almirconsulting.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Almir Insurance Consultants is a Lebanon-based insurance broker and risk management advisor founded in 1999. It places personal and commercial coverage across 12 carriers for 30,000+ clients and also authors bespoke policy wordings for specialized risks.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro industry

PRIMARYFSAEADAK

Insurance Program Administration & MGA/MGU Services

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAG

Risk Management Consulting (Enterprise & Operational Risk)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAJAGAH

Construction Specialty (Wrap-Ups/Builders Risk/Contractors)

Financial & Insurance/Insurance — Motor, Property & Casualty/Specialty & Excess/Surplus Lines (E&S)

Keywords

• Insurance brokerage
• Risk management consulting
• Corporate insurance
• Personal insurance coverage
• Claims management advisory

Headquarters

HQ city

Sin El Fil

HQ country

Lebanon

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: As insurance brokers, Almir earns commissions from insurance companies for placing business with them. They work with 12 insurance companies to obtain the best rates and conditions for clients. The company also creates tailored policies with their own wording in some cases.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Almir Insurance Consultants is an insurance brokerage and risk management firm that acts on behalf of clients to assess insurance needs, obtain quotes from 12 partnered insurance companies, and provide unbiased comparison of coverage options. The company places both personal lines (home, car, medical, travel, life, marine) and commercial lines (property, construction, liability, workers compensation, professional indemnity, political violence) and handles claims on the client's behalf, including creation of tailored policies with custom wording for specialized risks.

Product overview

Almir Insurance Consultants is an insurance brokerage and risk management firm offering a comprehensive portfolio of insurance products and services. The company provides two main service categories: Corporate Services (including Property All Risks, Contractors All Risks, Erection All Risks, Workers Compensation, Third Party Liability, Cash in Transit, Fidelity Guarantee, Group Medical, Professional Indemnity, School Liabilities, and Political Violence insurance) and Individual Services (including Home, Car, Medical, Travel, Life, Maid, Personal Accident, and Marine Hull/Yacht insurance). The company also creates tailored policies with custom wording and bundles multiple products together for combined coverage at better rates.

Differentiator

Problem solved

Functional benefit

Products and services

• Property All Risks (PAR)
• Contractors All Risks (CAR)
• Erection All Risks (EAR)
• Workers Compensation
• Third Party Liability (TPL)
• Cash in Transit (CS)
• Fidelity Guarantee (FG)
• Group Medical Insurance
• Professional Indemnity
• School Liabilities
• Political Violence
• Home Insurance
• Car Insurance
• Medical Insurance
• Travel Insurance
• Life Insurance
• Maid Insurance
• Personal Accident
• Marine Hull, Yacht Insurance
• Stem Cells Insurance
• Insurance Claims Handling and Advocacy

Named customers3 records

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

One partnership is on record.

• 12 Insurance CompaniescoreOthersAlmir works with 12 insurance companies to provide clients with competitive rates and conditions. As brokers, they compare coverage options across these carriers to find the best match for client needs.

Scale indicators6 records

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• Marsh: Global insurance brokerage and risk advisory leader. Comparable to Almir as a multi-line insurance broker serving corporate and multinational clients, but operating at vastly larger scale and with global infrastructure.
• Aon: Global insurance and reinsurance brokerage. Highly comparable business model to Almir's brokerage-and-risk-advisory positioning, serving corporate clients across multiple lines including property, casualty, and specialty.
• Howden: International insurance broker with strong Middle East presence. Comparable to Almir in corporate and specialty insurance brokerage, particularly relevant given Howden's operations in Lebanon and the Levant.
• Willis Towers Watson: Global advisory, broking, and solutions firm with strong insurance brokerage operations. Directly comparable to Almir in serving corporate clients with commercial insurance placement and risk management services.
• Lockton: Largest independent insurance brokerage globally. Comparable to Almir's independent, client-advocate brokerage model with multi-line commercial insurance placement and specialty coverage capabilities.
• Allianz Insurance: Global insurer with significant brokerage and agency distribution in the Middle East. Comparable to Almir as it offers both direct and intermediated insurance products including property, motor, and specialty lines.

Regional players

• NEODEM (Nassif Eid Insurance Brokers): Lebanese insurance brokerage serving corporate and individual clients. Direct comparable to Almir as a domestic Lebanese broker offering multi-line placement and risk advisory in the same geographic market.
• MedNet (Lebanon/Middle East): Regional healthcare insurance administrator and broker operating in Lebanon and the Middle East. Comparable to Almir's group medical and individual medical insurance offerings within the same geographic market.
• Trust Insurance Lebanon: Lebanese insurer operating across personal and commercial lines. Comparable to Almir's product portfolio in the same Lebanese market, representing both a carrier partner and a competitive force.
• Arabia Insurance: Lebanon-based insurance company with broker relationships. Comparable regional player in the Lebanese insurance market offering property, motor, and commercial lines that Almir places for clients.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/almir-insurance-consultants

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Almir Insurance Consultants