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The first private insurance company in Yemen

Profile

Yemen General  Insurance Company:

Yemen General  Insurance Company (YGI) was established during February 1977 by participation of a group of prominent businessmen the forerunner of whom was Thabet Brothers Group of Companies who undertakes various industrial, commercial & service activities inside and outside Yemen.

The Saudi Arabian Insurance Company (SAICO) joined in the establishment of the Company in representation of the Arab Commercial Enterprises Group (ACE).

With its Head office in Sana'a, the Company started its operations with a capital of Yr. 5,000,000 in Hodeidah and successfully grew to a fully paid up capital of Yr. 1,000,000,000 in 2010, underwriting all classes of insurance including life.

We have a team of qualified Yemeni technicians trained in Switzerland, Germany and England serving various insurance departments who are not only keen to meet with our client’s needs but to offer consultancy service as well.

We established  branch for TAKAFUL Islamic Insurance for all classes of insurance business in 2010.

 YGI is an ISO certified Co. (ISO 9001-2000 in 2005, ISO 9001-2008 in 2010-2016 and  ISO 9001-2015 in 2017.)

 

 

Abridged Information

Establishment February 15th, 1977
Issued/paid share Capital Yr.  1 Billion.
Chairman Mr. Abdul Gabbar Thabet
General Manager Mr. Kais Thabet
Joint General Manager Mr. Saleh M. Bashanfer
Deputy General Manager

Mr. Jamal Hamid 

Mr. Abdullah Al-Tamimi
Number of Staff 70 personnel
Website WWW.YGINSURNCE.COM
Email This email address is being protected from spambots. You need JavaScript enabled to view it.
Branches

Click this link Branches
Company Auditors M/s. A. Raouf Al Ezzie
Correspondent to Talal Abu Ghazaleh
Company Bankers - Yemen Bank for Reconstruction & Development
- Arab Bank
- Shamil Bank of Yemen and Bahrain
Activities Underwrite all classes of insurance

Register Complaint

  • 967-1-442489/ 1-442074
  • (967) 733651132
  • (967)1 442492
  • YGI@YGINSURANCE.COM
  • 25 Algiers Street, P. O. Box: 2709, Sana'a, Yemen

Quality Policy

Quality Policy: YGI Top management and all staff have commitment to apply all insurances services in     conventional and Islamic Takaful Insurance in Marine, Non Marine, Health and Motor insurance comply with technical insurance international standard for conventional insurance and with Islamic Shariaa for Takaful isurance and with ISO 9001-2015 international standard requirements to exceed customer satisfaction by availability of qualified persons in conventional and Islamic Takaful Insurances and by developing their skills to achieve and        develop YGI Company policy and objectives to provide insurance services in best and fast way and extent, improve insurances coverages with the reinsures and by adding new coverages      and continually improvement Yemen General Insurance Quality management system.

 

YGI  ISO 9001 HISTORY

Yemen General Insurance Co. (YGI)has endeavoured and obtained the ISO 9001-2000 in 2005 and ISO 9001-2008 in 2010 to 2015. We are the first Company in Yemen that certified with new ISO 9001-2015 in Feb.2017. We belive in developing work procedures to guarantee customers services in accordance with YGI's objectives in the continual improvement of staff skills and competencies to enhance customers satisfaction and trust in the company insurance services.