Business insurance ยท Jordan ยท Head-to-head

JOFICO (Jordan French Insurance) vs Middle East Insurance Company (MEICO)

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

Which should you choose?

JOFICO (Jordan French Insurance) 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.

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.

Middle East Insurance Company (MEICO)

Tier A ยท Workable

Multi-line insurer strong in engineering & marine

Founded 1962, Amman-HQ, ASE-listed โ€” reported #1 among Jordanian insurers in shareholdersโ€™ equity, marine and engineering. Financially strong and corporate-focused.

Pros

  • + Strong engineering reputation (claimed market leader)
  • + Operating since 1962
  • + High shareholdersโ€™ equity
  • + Clean live English site

Cons

  • โˆ’ Engineering sub-products not enumerated on a loadable page
  • โˆ’ No online quote
  • โˆ’ Recently exited its Motor line (Jan 2026)
  • โˆ’ 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 โ€” strong on engineering by reputation, though youโ€™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.