The company was established pursuant to the decision of the Registrar of Companies in Erbil No. 7643 dated 6/21/2010 with a national capital of 40 billion Iraqi dinars, equivalent to 35 million dollars. It was also granted a license to practice the profession by the Ministry of Finance and Economy in the Kurdistan Region by its decision No. 4/4/15248. Dated September 20, 2010, and from the Insurance Bureau / Baghdad, dated October 23, 2013, pursuant to Approval No. 31/2013.

The company practices all types of general insurance (except life insurance) in accordance with the latest principles, technical methods and international standards adopted in all countries of the world to meet the growing demand for insurance services from the local market and foreign companies that invest in the Kurdistan region, especially multinational companies that invest in particular. In the field of oil, gas, energy, aviation, etc.