Accident and Health Insurance

Saman Insurance Company

Saman Insurance Company was established on February 15, 2005 with the aim of providing comprehensive commercial insurance services in the fields of property, liability, and persons. This company was registered with an initial capital of 200 billion rials (equivalent to 200 million shares with a nominal value of one thousand rials each) under registration number 241059 in the Organization for Registration of Companies, and only two weeks later, on March 1, 2005, succeeded in obtaining the official license to operate from the Central Insurance of the Islamic Republic of Iran in life, non-life, and reinsurance branches. Saman Insurance started its activity as the sixth member of the Saman Financial Group.

Founders and Key Shareholders

A combination of reputable financial and industrial institutions including:

• Saman Bank
• Saman Bank Investment Company
• Mes Sarcheshmeh Investment Company
• Pension Fund of the National Iranian Copper Industries Company
• Steel Employees Support and Retirement Fund Institute

and a group of experienced individuals and legal entities in the fields of finance, production, and insurance formed the founding board of Saman Insurance. This broad participation has provided a strong foundation for the sustainable and professional development of the company.

Capital and Management Structure

The company's capital was increased to 5 trillion rials on February 20, 2022, reflecting its growing financial strength and capability.

In order to improve the quality of services and maximize customer satisfaction, the company’s board of directors, by recruiting experienced and expert staff at senior and mid-levels, aims to create differentiation in the provision of insurance products. This management team is committed to customer-centricity and the use of the latest advances in insurance knowledge and technology.

Expert Team and Consulting Services

The professional staff of Saman Insurance, with academic knowledge and full mastery of the insurance industry, under the supervision of experienced managers, always strive to provide precise consultations in the field of risk management, prevent potential losses for customers, and safeguard the interests of policyholders in the best way possible.

Organizational Culture and Stakeholder Relations

Believing in empathy and constructive interaction with all stakeholders, Saman Insurance dedicates its human and financial resources to creating value and distinguishing services, always striving to improve the quality of its insurance services and ensure the lasting satisfaction of its customers.

Saman Insurance Vision

By 2026, Saman Insurance Company aims to become a fully digital and international supra-insurance financial group, to be recognized as an innovative model in the insurance industry not only in Iran but also regionally.

Core Company Values

• Openness and learning orientation: Embracing continuous learning and improvement
• Agility: Quick and intelligent response to environmental changes
• Teamwork based on trust: Synergy among staff to achieve common goals
• Customer centricity: Focusing on real needs of policyholders and responsible responsiveness
• Borderless thinking: An innovative and cross-organizational approach to service and market development