Business insurance ยท Jordan ยท Head-to-head

JOFICO (Jordan French Insurance) vs Jordan Insurance Company (JIC)

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

Which should you choose?

Jordan Insurance Company (JIC) edges ahead on our Jordan tiering (Tier S vs A), but both are workable โ€” the right pick depends on your trade, region, and the Jordan-specific notes below.

JOFICO (Jordan French Insurance)

Tier A ยท Workable

Established Jordanian-French insurer with a full engineering line

Founded 1976 with a French insurance-group partnership; a mid-to-upper-tier multi-line insurer, ASE-listed, well-regarded for corporate and engineering lines.

Pros

  • + Contractors All Risks + engineering named explicitly on its own site
  • + Operating since 1976; French technical heritage
  • + ASE-listed and transparent
  • + Local Jordanian company

Cons

  • โˆ’ Engineering page is Arabic-only
  • โˆ’ No online quote
  • โˆ’ Mid-size balance sheet vs the market leaders
  • โˆ’ English depth thinner

Jordan note

Its own product page explicitly lists Contractors All Risks (ู…ุฎุงุทุฑ ุงู„ู…ู‚ุงูˆู„ูŠู† ุงู„ุดุงู…ู„), Plant & Machinery, Machinery Breakdown and Erection All Risks โ€” the strongest first-party verification of CAR cover of any Jordanian insurer we found.

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

Jordan Insurance Company (JIC)

Tier S ยท Recommended

Jordanโ€™s oldest insurer (since 1951)

Founded 1951 โ€” the oldest insurer in Jordan and among the oldest in the Middle East. ASE-listed, operating in Jordan, the UAE and Kuwait; a long-standing top-tier multi-line insurer and reinsurer.

Pros

  • + Oldest and most established Jordanian insurer
  • + CAR + Erection All Risks + Plant & Machinery
  • + Also offers professional indemnity
  • + Regional reach; ASE-listed

Cons

  • โˆ’ No fetchable static product page (JS-rendered)
  • โˆ’ No online quote
  • โˆ’ No decennial cover evidenced
  • โˆ’ Thin English engineering detail

Jordan note

Heritage plus a JO/UAE/KW footprint and a documented engineering line that includes professional indemnity โ€” a solid established option, though youโ€™ll confirm the specifics through an agent.

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

More Jordan options

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