Business insurance · Jordan · Head-to-head
Jordan Insurance Company (JIC) vs Middle East Insurance Company (MEICO)
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 — the right pick depends on your trade, region, and the Jordan-specific notes below.
Jordan Insurance Company (JIC)
Tier S · RecommendedJordan’s oldest insurer (since 1951)
Founded 1951 — 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
- − No fetchable static product page (JS-rendered)
- − No online quote
- − No decennial cover evidenced
- − Thin English engineering detail
Jordan note
Heritage plus a JO/UAE/KW footprint and a documented engineering line that includes professional indemnity — a solid established option, though you’ll confirm the specifics through an agent.
Middle East Insurance Company (MEICO)
Tier A · WorkableMulti-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.
More Jordan options
See all Jordan business insurance vendors and the rest of the Jordan directory.