Sister Companies
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JOMC
Jordanian Management and Consulting Company (JOMC) was established in 2008, and it’s specialized in financing loans.
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National Insurance Company
Syrian National Insurance Company is a shareholding company established in 2006, with a paid up capital of 850 million Syrian liras. JOFICO participated in establishing “NIC” National Insurance Company in Syria with full technical & managerial support. “NIC” National Insurance Company was the first to obtain its insurance license in Syria after 50 years of government monopoly. JOFICO holds 2 out of 7 seats on “NIC” National Insurance Company Board of Directors.
After its foundation, the company has been able to proceed quickly towards leadership and concrete steps and conscious study which enabled it to acquire the title of the first company ranked by Insurance Supervisory Commission which depended on the size of production and market share for the year 2007. The company worked harder to retain this title. -
Al Mashreq Insurance Company
Al-Mashreq Insurance Company was established in 1992 as a public limited company. Over the years, Al-Mashreq has become one of the best insurance companies in Palestine.
When “JOFICO” and a group of businessmen and administrators became strategic partners in mid of 2000, a huge professional and economic development was accomplished with internal structure improvements. That has become recognized in the Palestinian Insurance Market that Al-Mashreq insurance Company has made a significant progress and reconstruction towards establishing professional, economic, and high quality standards.