Palestine Insurance Co.
Established: 1994
Number of Branches and Offices: 25
About the Company:
Palestine Insurance Company was established in 1994 as a public limited shareholding company, with a paid-in capital of USD 9 million. The company is licensed to conduct insurance business by the Palestine Capital Market Authority under License No. 3, and is registered with the Companies Controller under Registration No. 562601542.
The company was founded by a distinguished group of Palestinian businesspeople with extensive administrative and technical experience across various sectors, both locally and internationally.
Palestine Insurance Company was established with the purpose of conducting all types of insurance and reinsurance activities, including fire, theft, general accidents, marine, aviation, and motor insurance. It also aims to invest its capital and movable and immovable assets in accordance with the decisions of the Board of Directors and in line with applicable laws and regulations.
For over 30 years, Palestine Insurance Company has contributed to supporting the Palestinian national economy by expanding its operations, investing in numerous economic ventures, and creating employment opportunities for skilled graduates and experienced professionals.
The company operates across all Palestinian governorates through a wide network of branches, offices, and agents in both the West Bank and Gaza Strip, with the goal of ensuring that insurance services are easily accessible to all citizens.
Board of Directors:
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Mr. Mohammad Abu Awad – Chairman of the Board
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Mr. Ahmad Salim Abu Aida – Vice Chairman
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Mr. Yahya Mohammad Abu Aida – Board Member
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Mr. Fadel Zaidan – Board Member
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Mr. Mahmoud Mousa Ali Aboud – Board Member
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Ms. Enan Al-Atira – Board Member
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Mr. Omar Abu Hashiyah – Board Member
Services Offered:
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All insurance services except life insurance