Aman Union

What Aman Union does

Aman Union is a professional forum and intergovernmental association for commercial and non-commercial risks insurers, reinsurers, and export credit agencies (ECAs) operating in Organization of Islamic Cooperation (OIC) member countries. It was established on October 28, 2009, by bilateral agreement between the Arab Investment and Export Credit Guarantee Corporation (Dhaman) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), and is headquartered in Riyadh, Saudi Arabia, under the rotating General Secretariat currently held by Saudi EXIM Bank (since January 1, 2026 for a three-year term). The organization serves 43 listed members comprising ECAs, insurers, reinsurers, and credit information providers across the Middle East, North Africa, Sub-Saharan Africa, Southeast Asia, and Central Asia.

Its core offerings are non-software services organized around five programs: the Database Center (launched 2013, aggregating credit reports and buyer blacklists from 23 credit information providers); AU Academy (launched 2019 in partnership with Offenburg University's Institute for Trade and Innovation, offering Certificate and Advanced Certificate programs in Trade Credit Insurance, each worth 15 ECTS credits); Annual Meetings (rotating across member-state capitals, with the 15th Annual Meeting held in Jeddah in 2025); Training Sessions and Webinars on underwriting, reinsurance, and credit information; and Annual Awards recognizing exceptional member performance. The underlying technology is limited to a member forum platform, a Database Center portal, and the institutional website; the organization is not a software company and discloses no proprietary AI/ML capabilities.

Aman Union's business model is a membership-based subscription/recurring revenue structure, charging membership fees to Full Members, Associate Members, and Observer Members. Pricing is not publicly disclosed. Go-to-market is community-led: the General Secretariat processes applications, hosts events and training, and manages the Database Center subscriptions. Distribution is direct (enterprise/membership sales) without commercial resellers. The rotating General Secretariat among Dhaman, ICIEC, Turk Eximbank, and now Saudi EXIM Bank, plus governance through a General Assembly and a 7-member Executive Council, structures the organization as an intergovernmental professional body rather than a commercial enterprise.

Name

Aman Union

Legal name

Aman Union

Website

https://amanunion.org

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Aman Union is an intergovernmental professional forum established in 2009 that connects export credit agencies, insurers, and reinsurers across 43 member organizations in OIC member countries, providing a shared Database Center, AU Academy certification programs, training, and annual meetings.

Ownership category

akta.pro rank

Product category

Trade Credit Insurance Association

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF)

Keywords

• Export credit insurance
• Trade credit reinsurance
• Professional industry association
• Trade risk forum
• Membership services

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Membership Fees: Aman Union generates revenue through membership fees from its full members, associate members, and observer members. Members include export credit agencies, insurers, and reinsurers covering commercial and non-commercial risks in OIC member countries.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Aman Union is a professional association and forum that brings together export credit insurers and reinsurers from OIC member countries. It provides members with industry data services, professional training, annual conferences, webinars, and networking opportunities, and supports cooperation on trade credit insurance across the OIC region.

Product overview

Aman Union is a professional forum for commercial and non-commercial risks insurers and reinsurers in OIC member countries. It operates as a unified platform offering member services through interconnected programs: the Database Center (launched 2013) provides shared credit information and reports; AU Academy delivers educational certification programs in partnership with Offenburg University; Annual Awards recognize industry excellence; Forums enable member discussions; Training Sessions and Webinars provide professional development; and Annual Meetings facilitate industry gatherings. The organization connects members through shared resources, knowledge exchange, and collaborative initiatives aimed at developing export credit insurance across member countries.

Differentiator

Problem solved

Functional benefit

Brands

• AU Academy: Professional education and certification programs for trade credit insurance offered in collaboration with Offenburg University's Institute for Trade and Innovation (IfTI).
• Aman Union Annual Awards
• Aman Union Database Center

Products and services

• Members' Database Center A member-exclusive trade credit data and information service for export credit insurers and reinsurers across OIC member countries.
• AU Academy A structured professional training program for member institutions' staff in export credit insurance and reinsurance practice.
• Annual Meeting The flagship annual conference and forum that convenes members, observers, and stakeholders across the OIC export credit insurance community.
• Webinars Regular online webinar sessions providing members with topical updates, expert briefings, and peer discussion on trade credit insurance issues.
• Training Programs Targeted training programs delivered to member institutions to build capability in trade credit underwriting, reinsurance, and related practices.
• Annual Awards Annual awards program recognizing the contributions of member institutions and individuals in the OIC export credit insurance community.

Quantifiable outcome

• First-of-its-kind Database Center in the Arab and Islamic region launched in 2013

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• Saudi Export-Import Bank (Saudi EXIM Bank)coreStrategic or Co-development Partner · 1 January 2026Saudi EXIM assumed the General Secretariat responsibilities of Aman Union on January 1, 2026 for a three-year term. This strategic partnership reinforces Saudi EXIM's role in advancing the trade credit and investment insurance ecosystem and strengthening cooperation with regional and international partners.
• Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)coreStrategic or Co-development PartnerICIEC is a founding partner of Aman Union along with Dhaman. ICIEC's CEO serves as Secretary General of the Union on alternating two-year terms with Dhaman. ICIEC also serves as a Database Center subscriber.
• Arab Investment and Export Credit Guarantee Corporation (DHAMAN)coreStrategic or Co-development PartnerDhaman is a founding partner of Aman Union along with ICIEC. Dhaman's General Director serves as Secretary General on alternating two-year terms with ICIEC. Dhaman also serves as a Database Center subscriber.
• Offenburg University (Institute for Trade and Innovation - IfTI)flagshipStrategic or Co-development PartnerOffenburg University, through its Institute for Trade and Innovation (IfTI), is the exclusive learning provider for the AU Academy. The partnership offers the Aman Union Certificate in Trade Credit Insurance (15 ECTS credits) and the Aman Union Advanced Certificate in Trade Credit Insurance (15 ECTS credits) focusing on management and leadership.
• International Monetary Fund (IMF)minorOthersListed as a related institutional link on the Aman Union website, indicating a general connection to the broader international financial community.
• Arab Monetary FundminorOthersListed as a related institutional link on the Aman Union website, indicating a general connection to regional monetary institutions.
• World BankminorOthersListed as a related institutional link on the Aman Union website, indicating a general connection to international development institutions.
• Islamic Development Bank (IsDB)minorOthersListed as a related institutional link on the Aman Union website. ICIEC is a member of the IsDB Group, creating an institutional connection.
• Credit Information Providers NetworkcoreTechnology or IntegrationAman Union's Database Center enables subscribers to access credit reports from 23 listed credit information providers including Creditsafe Group, Graydon International, Worldbox, Arab Research & Information Company Ltd (ARIC), and others. Reports purchased by one subscriber can be accessed for free by other subscribers.
• Berne UnionflagshipStrategic or Co-development PartnerThe 31st Executive Council Meeting of Aman Union will be held in parallel with Berne Union Annual Meetings in Astana, Kazakhstan on May 11, 2026. This alignment provides opportunities for dialogue and knowledge exchange between the two major export credit insurance associations.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Regional players

• African Trade Insurance Agency (ATI): Multilateral African ECA providing political risk and trade credit insurance across African member states. Like Aman Union members, ATI is an export credit agency with regional-cooperation objectives — a regional comparator even though it is an insurer rather than an association.
• Federation of Afro-Asian Insurers & Reinsurers (FAIR): Non-political federation of insurers and reinsurers from Africa and Asia. Closely comparable non-profit membership-based insurance trade body serving similar Afro-Asian geography to Aman Union.
• Arab Insurance Association: Regional industry association advancing cooperation among Arab insurance markets. Comparable as an Arab-region professional insurance forum with networking, training, and information-sharing services — overlapping member geography with Aman Union.
• ICIEC (Islamic Corporation for the Insurance of Investment and Export Credit): Multilateral ECA within the IsDB Group providing Shariah-compliant export credit and investment insurance to OIC member countries. Serves dual roles as Aman Union's co-Secretariat host and a regional peer ECA with overlapping mandate.

Broad incumbents

• Atradius: Top-tier global trade credit insurance provider with significant European and Latin American coverage. A commercial benchmark peer whose data, products, and policy positions affect Aman Union members.
• Coface: Major global commercial trade credit insurer active in ~200 countries. Comparable to Euler Hermes as a commercial player whose products and data shape the credit insurance landscape that Aman Union's members navigate.
• Euler Hermes / Allianz Trade: World's largest commercial trade credit insurer (now part of Allianz Group). Although it competes with Aman Union's members rather than the association itself, it operates in the same value chain (trade credit insurance and buyer credit information) and sets commercial benchmarks that shape Aman Union's programming.

Direct peers

• ICISA (International Credit Insurance & Surety Association): Geneva-based global trade association for the credit insurance and surety industry. Comparable service portfolio (industry data, glossaries, working groups, events) and overlapping institutional membership make it a direct peer for Aman Union in scope and functions.
• Berne Union: The International Union of Credit and Investment Insurers is the global trade association for export credit and investment insurers — the closest direct analog to Aman Union. Membership composition and service model (industry data, training, advocacy) closely mirror Aman Union's.

Others

• OECD Working Party on Export Credits: Sets the Arrangement on Officially Supported Export Credits and related disciplines. Operates in Aman Union's adjacent policy/regulatory environment but as a standards-setter rather than a member-services association.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/ICIEC_IDB
• Facebookfacebook.com/ICIEC.IsDB
• LinkedInlinkedin.com/company/aman-union
• YouTubeyoutube.com/channel/UCmCYNyQMtSa-0D99mxqN7eQ
• Instagraminstagram.com/iciec_idb

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 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 Aman Union