Al Sagr National Insurance Company
Established in 1979 as a multi-line national insurance company, Al Sagr is headquartered in Dubai – UAE with over 4 decades of solid expertise in supporting clients with comprehensive insurance solutions to manage health, life, and general risks.
At Al Sagr, we offer world-class insurance solutions for individuals, SMEs, large companies, and multi-national corporations. Our high quality products and plans focus on making life easier and better.
In addition to the excellent reinsurance support we are enjoying from first class reinsurance securities, we have a wide network of branches and sales points all over the UAE and over 200 dedicated insurance professionals ready to assist you. Moreover, a largescale insurance presence in the Kingdom of Saudi Arabia.
The financial position of Al Sagr is strengthened from its original capital investment of AED 10 Million to its present AED 230 Million in paid-up capital with a steady growth of assets every year, which has reached AED 1 Billion at 30 September 2019. In addition, Al Sagr has been assigned a Financial Strength Rating of B+ (Good) by A.M. Best Europe – Rating Services Limited.
Abdel Muhsen Jaber, Director and General Manager of Al Sagr, said: “We believe in building partnerships and long-term business relationships based on mutual trust and confidence with our employees, customers and corporate clients”.
Today, due to the above factors and through consistent profitability and positive results, we have established a long-lasting impression in the minds of our stakeholders that we are not to only fulfill our short-term and long-term commitment towards them, but to always be a reliable insurance partner protecting their interests and fulfilling their needs.
Al Sagr shall continue to maintain its upwards growth, exceed the expectations of its shareholders, and sustain its position as one of the top leading insurers in the market.