Business insurance · Jordan · Head-to-head
gig Jordan (Arab Orient) vs Middle East Insurance Company (MEICO)
Two Jordan business insurance options, compared side by side for Jordan trades.
Which should you choose?
gig Jordan (Arab Orient) and Middle East Insurance Company (MEICO) are both Tier A, which every business insurance entry without a reputation warning receives, so the tier does not separate them. Weigh the pros, cons, pricing and Jordan-specific notes below against your trade and region.
gig Jordan (Arab Orient)
Tier A · ListedJordanian arm of Kuwait-based Gulf Insurance Group, majority-owned by Fairfax, with an English engineering line
GIG Jordan says it was founded in 1996 as Arab Orient Insurance Company and joined Kuwait-based Gulf Insurance Group (GIG) in 2009. Canada's Fairfax Financial Holdings became GIG's largest shareholder in 2023 and later raised its stake to 97%, according to GIG Jordan. It is listed on the Amman Stock Exchange (GIGJ).
Pros
- + English engineering page lists Contractors' All Risks and Plant and Machinery
- + Online quote-request form for each engineering policy
- + Also sells professional indemnity and employers liability
- + Part of Kuwait-based Gulf Insurance Group
Cons
- − No prices published; cover is quoted
- − No erection all risks or decennial policy listed on the engineering page
- − Quote request is a form, not an instant online price
Jordan note
GIG Jordan's engineering page lists Contractors' All Risks, Contractors' Plant and Machinery, Machinery Breakdown, Electronic Equipment, Deterioration of Stock and Boiler cover, and its general lines include professional indemnity and employers liability. Each engineering policy has an online quote-request form.
Middle East Insurance Company (MEICO)
Tier A · ListedJordanian multi-line insurer since 1962 with a full engineering line; stopped writing motor in 2026
Middle East Insurance Company (MEICO) says it has operated in Jordan since 1962 and is a public shareholding company listed on the Amman Stock Exchange (MEIN). It sells property, engineering, liability, marine, aviation, financial lines, group medical and life cover. MEICO discontinued its motor insurance license effective 1 January 2026 with Central Bank of Jordan approval, and says existing motor policies are serviced until they expire.
Pros
- + Engineering page lists Contractors' All Risks and Erection All Risks
- + Contractor's Plant and Machinery and Machinery Breakdown cover
- + Online quote form for engineering policies
- + Operating since 1962; listed on the Amman Stock Exchange (MEIN)
Cons
- − No longer sells motor insurance, so site vehicles need another insurer
- − No prices published; cover is quoted
- − No decennial liability policy listed on the engineering page
Jordan note
MEICO's English engineering page lists Contractors' All Risks, Erection All Risks, Contractor's Plant and Machinery, Machinery Breakdown with loss of profit, Electronic Equipment and Deterioration of Stock cover. It gave up its motor license from 1 January 2026, so insure company vehicles elsewhere.
More Jordan options
See all Jordan business insurance vendors and the rest of the Jordan directory.