AL

Al Fujairah National Insurance

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Fujairah-based insurance company founded in 1976

Fintech Fujairah, UAE Founded 1976

About Al Fujairah National Insurance

Al Fujairah National Insurance Company is the main home-grown insurer of Fujairah, the only emirate located entirely on the UAE's east coast. It was founded in 1976 and is listed on the Abu Dhabi Securities Exchange.

The company provides general insurance across motor, property, engineering, marine, liability, general accident and medical lines.

Fujairah's economy gives the insurer some distinctive clients. The emirate is home to one of the world's largest bunkering hubs, where ships refuel, along with oil storage terminals, a busy port and growing tourism along its beaches. Marine and energy-related cover is therefore relevant to its market.

Like other insurers outside the larger cities, Al Fujairah National Insurance serves customers across the UAE through branches and brokers while keeping strong local relationships in its home emirate.

Motor insurance remains a staple product, along with group medical cover for employers.

Smaller national insurers compete with large players by focusing on service, local knowledge and specific types of risk.

The UAE insurance sector is regulated by the Central Bank, which supervises insurers' financial strength and conduct.

Startups UAE lists Al Fujairah National Insurance among the UAE's national insurers.
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