Business insurance · Jordan · Head-to-head

Arabia Insurance – Jordan (AICJ) vs Middle East Insurance Company (MEICO)

Two Jordan business insurance options, compared side by side for Jordan trades.

Which should you choose?

Arabia Insurance – Jordan (AICJ) and Middle East Insurance Company (MEICO) are closely matched (both Tier A) for Jordan business insurance. The right choice comes down to fit: weigh the pros, cons, pricing, and Jordan-specific notes for each against your trade and region.

Arabia Insurance – Jordan (AICJ)

Tier A · Workable

Full engineering-line insurer with English product pages

Incorporated 1975, Amman-HQ, ASE-listed — an established multi-line Jordanian insurer with a clearly documented engineering line.

Pros

  • + Full CAR + EAR + Plant & Machinery on an English page (rare in JO)
  • + Operating since 1975
  • + ASE-listed
  • + Broad engineering sub-lines

Cons

  • − No online quote
  • − No decennial/latent-defect product
  • − Professional indemnity not confirmed on the engineering page
  • − Brand confusable with the regional Arabia Insurance

Jordan note

Its English engineering page explicitly lists Contractor’s All Risks, Erection All Risks, Plant & Machinery, Machinery Breakdown and more — useful when you want the cover spelled out in English before talking to a broker.

Typical Jordan pricing: Quote-only via broker/agent.

Middle East Insurance Company (MEICO)

Tier A · Workable

Multi-line insurer strong in engineering & marine

Founded 1962, Amman-HQ, ASE-listed — reported #1 among Jordanian insurers in shareholders’ equity, marine and engineering. Financially strong and corporate-focused.

Pros

  • + Strong engineering reputation (claimed market leader)
  • + Operating since 1962
  • + High shareholders’ equity
  • + Clean live English site

Cons

  • − Engineering sub-products not enumerated on a loadable page
  • − No online quote
  • − Recently exited its Motor line (Jan 2026)
  • − CAR detail needs direct contact

Jordan note

Structures its cover into Property, General Accident, Engineering ("risks that arise from contracting and engineering business"), Marine and more — strong on engineering by reputation, though you’ll get the CAR specifics by contacting them.

Typical Jordan pricing: Quote-only via broker/agent.

More Jordan options

See all Jordan business insurance vendors and the rest of the Jordan directory.