1983

Emirates Insurance Company was established by virtue of law No 6 of 1982 issued by Sheikh Zayed Bin Sultan Al Nahayan and started operations with AED 60 million capital. The company opens its Head office in Hamdan Street Abu Dhabi and one branch in Al Ain with 25 employees.

1984

A new office opens in Sila to serve customers visiting UAE from other countries. The Head office moves from its Hamdan Street location to Abu Dhabi National Food Stuff Building in Electra Street.

1987

The Company moves its Head Office from Electra Street to its current location in the Emirates Insurance Building in the Tourist Club Area.

1988

The Dubai branch opens to expand Emirates Insurance Company across other Emirates.

1998

The Operating system becomes fully computerized.

2000

Emirates Insurance Company is listed on the Abu Dhabi Securities Exchange when the market was first established in November, 2000.

2004

Emirates insurance Company becomes an ISO 9000 accredited company.

2005

Share Capital Increases to Aed90m.

2006

The Life & Medical Insurance Department begins offering medical cover to all expatriates with Abu Dhabi Residences Visas living in the UAE. Share Capital is increased to Aed120m.

2007

Total assets of the Company exceed AED 2 billion for the first time.

2008

Standard & Poor’s assigns its first interactive S&P rating in Abu Dhabi to Emirates Insurance Company acknowledging the Company’s financial strength and professional management.Emirates Insurance Company celebrates 25th Anniversary in grand style with an elegant gala dinner.The company crosses AED 600 million in premium income for the first time.Two new offices are opened in Sharjah and Musaffah to expand the network of offices to service all customers throughout UAE.

2010

EIC opens its new office in Business Bay and obtains an AM Best “A-“ rating.The Board decides to de-risk the Investment Portfolio significantly and management establishes a local and international Bond Portfolio.Share Capital is increased to Aed135m.

2011

EIC Establishes itself in the Western Region, opening 5 satellite offices.

2012

EIC International is inaugurated adjacent to the DIFC specializing in International Energy Facultative Reinsurance. EIC becomes an exclusive partner of Western region municipality and operates from TAMM centers to provide motor insurance products to locals and expatriates.

2013

The company crosses Aed700m in Gross Written Premium for the 1st time. EIC is selected within 20 governmental and semi-governmental companies to participate in the “ABSHER INITIATIVE”