Business insurance · Jordan · 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 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.
JOFICO (Jordan French Insurance)
Tier A · ListedJordanian multi-line insurer founded in 1976, with a nine-policy engineering line
Jordan French Insurance Company (JOFICO) says it was founded in 1976 in cooperation with Compagnie Financière du Groupe Victoire. It is listed on the Amman Stock Exchange (JOFR) and sells motor, health, travel, home, fire, liability, marine, engineering, aviation and credit insurance. JOFICO told the Amman Stock Exchange on 28 September 2026 that its board had terminated the preliminary memorandum of understanding it signed with Gulf Insurance Group / Jordan on 14 May 2026, citing differing strategic views; JOFICO said no stage of the MoU or due diligence had begun.
Pros
- + Engineering page lists Contractors All Risks and Construction Plant and Machinery
- + Also lists Erection All Risks and Decennial Liability policies
- + Operating since 1976
- + Listed on the Amman Stock Exchange (JOFR)
Cons
- − Website in Arabic only
- − No prices published; cover is quoted
- − No online quote form found on the engineering page
Jordan note
JOFICO's Arabic engineering page lists Contractors All Risks, Construction Plant and Machinery, Machinery Breakdown, Erection All Risks, Electronic Equipment and Decennial Liability policies, among others.
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.