Cihan insurance
About Us
Cihan Insurance Company is a private joint stock company based in Iraq, established in 2010 with an initial capital of five billion Iraqi dinars. The company commenced its operations after obtaining license number 24/2010 from the Insurance Directorate on 18/05/2010, officially authorizing it to operate in the Iraqi insurance market.
Cihan Insurance Company Strategy
To keep pace with fundamental market changes in Iraq and strengthen its role in supporting the national economy and serving the local community, Cihan Insurance has introduced its development plan titled «Strategy 2025». This initiative, in response to rapid global and regional changes, reflects the evolving needs and expectations of customers as well as the requirements of Iraqi society.
The company aims to solidify its position as a leader in the Iraqi insurance industry by expanding its geographical reach, enhancing service quality, and innovating in the provision of premium insurance products. Comprehensive support for human resources, adoption of modern digital solutions, and improvement of technological infrastructure are also among the key goals of this strategy to create a lasting and distinguished impact on Iraq’s insurance market.
Standards and Vision
The main message of Cihan Insurance Company is to deliver an exceptional experience to customers through service excellence. The company’s vision is to move toward globalization and expand its activities internationally.
The company’s key objectives include:
- Developing methods and programs for the care and support of employees to boost motivation and productivity;
- Establishing and strengthening sustainable partnerships with clients to achieve mutual success and increased profitability;
- Enhancing technology and adopting advanced digital solutions to improve work processes and services;
- Achieving exceptional results in all aspects of the business.
Cihan Insurance Company, dedicated to these principles and objectives, is working towards becoming one of the key players in Iraq’s insurance industry and strives to play an effective role in the country’s economic and social development.
Services
It includes insurance against contractors’ risks, installation and construction risks, electrical and electronic appliances, machinery breakage, service and operational contracts risks and all related responsibilities.
Insurance includes medical costs, medicines, all medical and treatment services and supplies, and management of medical programs.
Employers’ liability insurance is an insurance policy that handles claims from workers who have suffered a job-related injury or illness not covered by workers’ compensation. A type of liability insurance can be packaged with workers’ compensation to further protect companies against the costs associated with workplace injuries, illnesses, and deaths.
This insurance includes all the insured's responsibilities towards third parties arising from the occurrence of material or bodily damages due to the insured's work or activity.
The purpose of personal accident insurance is to pay fixed compensation for death or disablement resulting from accidental bodily injury. The personal accident insurance policy provides that, if at any time during the currency of this policy, the insured (person who has taken the policy) shall sustain any bodily injury resulting solely and directly accident caused by external violent and visible means, then Cihan insurance company will pay to the insured or his legal personal representative(s), as the case may be, the sum or sums set, forth, in the policy, if resulting in specified contingencies such as death, permanent disablement etc. Cihan Insurance Company provides provide 24-hour protection or during work hour only, anywhere in the world to individual expats on work assignment(s).
It includes insurance on goods transported by sea, air and land, as well as ship hulls.
It includes insurance against losses resulting from fire, theft, explosions, natural phenomena, and disturbances, as well as insurance for business interruption due to fire damage and includes the liabilities associated with these risks.
Get home insurance to guarantee compensation for losses in the event of a fire up to 15,000 USD. Insurance coverage includes:
- Furniture
- Fittings and decorations
- Personal injuries
- Compensating rent for the maintenance period
It includes insurance against losses and liabilities related to vehicle damage and excludes the risks of transporting goods.
- Money in Transit: Covers money carried by the insured or the insured's authorized employee in the event of robbery, theft, waylaying, snatching, or any other fortuitous event.
- Money in Safe: Covers the loss of money in the safe due to burglary, housebreaking, robbery, or hold-up.
Business Partners
Our Team
Location
Sharmarket
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