About Us

Mareb Yemen Insurance Company (MYIC)

Mareb Yemen Insurance Company (MYIC)

Mareb Yemen Insurance Company (MYIC) was established in 1974 by the Yemen Bank for Reconstruction and Development (YBRD), a group of Yemeni businessmen, the Kuwait Reinsurance Company and the British JH MINT Company. MYIC's establishment was pursuant to the Republican Decree No. (4) issued on 26/2/1974, with the aim to participate in protecting the national economy from the risks to which it may be exposed. According to that decree of establishment, all agencies were canceled and offshore insurance was banned. Mareb Yemen Insurance Company (MYIC) carries out all types of insurance on property and liabilities of both commercial and Islamic takaful types, which makes MYIC's service provided suitable for all individuals and institutions with different activities and sizes. It enables us, in MYIC, to provide all insurance coverage through an administrative and field work team specialized in studying various risks, and in proposing and designing the most appropriate insurance programs related to the nature of risks; and to meet the needs of work, companies, institutions and the relevant bodies in the labor market and within the country, Yemen, in a way that achieves the best return on investment in the insurance sector. Mareb Yemen Insurance Company (MYIC) is well aware that the distinguished relations in building trust with customers and providing the best level of service are what MYIC prides itself on, above everything, since its establishment, through the MYIC’s full commitment to responsibility in the event of a risk, which gives MYIC greater credibility with the other various entities and commercial establishments. Mareb Yemen Insurance Company (MYIC) has a number of branches and offices that cover most of the cities of the country, in addition to MYIC’s qualified, experienced, and high competent staff, which made MYIC excel in the insurance services provided to the public, and made MYIC one of the leading companies in the field of insurance. .

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