About Us

ABOUT KAR INSURANCE

Kar Insurance knows how important real protection is for your family, your business and the projects you build

Kar Insurance Company was established in Erbil in 2010 as a private shareholding company, licensed by the Kurdistan Region Ministry of Finance & Economy and by the Iraqi Insurance Diwan to write every class of general insurance.

From motor and health cover for families to engineering, property, marine and aviation programmes for power plants, refineries and cement factories, we protect what individuals and businesses across Iraq have built.

WHY CHOOSE US

Why clients across Iraq place their risks with Kar Insurance

01
Financial Strength
A paid capital of 40 billion Iraqi Dinars, the highest in the Iraqi insurance market, stands behind every policy we issue.
02
Sound Underwriting
Every risk is technically assessed and priced by specialists, following international standards and clear policy wordings.
03
Fast Claims Service
Dedicated claims teams in every department, monitored for service quality, so your claim is settled quickly and fairly.
04
Global Reinsurance
Direct treaties with Swiss Re, Munich Re, Hannover Re, SCOR and Allianz give us capacity for the largest industrial risks.
05
Fully Licensed
Licensed since 2010 and accredited by the Ministry of Natural Resources as an approved insurance services provider (AVL).
ABOUT KAR INSURANCE

Insurance that Iraq’s biggest projects rely on

Backed by a 40 billion IQD capital — the highest in the Iraqi insurance market — and part of the Kar Group of Companies, we combine technical expertise, personalized service and fast support to deliver insurance solutions you can trust.

Expertise You Can Trust
Fast & Reliable Support
Transparency & Honesty
Strong Reinsurance Partnerships
Customer-Centric Approach
Tailor-Made Insurance Solutions

Our underwriters and claims specialists work alongside the world’s leading reinsurers and brokers, so we can stand behind a power station, a refinery or a family car with the same confidence — and stand by your side when it matters most.

16
Years of Experience
MEET OUR TEAM

Meet the Kar Insurance Team

Mr. Hasan Wasfi Abu Salem
  • Financial Manager
  • Mr. Yousef Emad Al Ramahi
  • Technical & Reinsurance Manager
  • Ms. Raz Kakil Hoshyar
  • - Deputy General Manager -
  • Mr. Mustafa Tareq Abu Goura
  • - General Manager -
  • 1
    Years in Business
    1
    Billion IQD Capital
    1
    Offices Across Iraq
    1
    Insurance Lines
    HOW IT WORKS

    Getting covered takes three simple steps

    Speak to a Kar Insurance advisor
    Visit any of our offices across Iraq or call us, and our team will explain the cover options that fit your needs and your budget.
    We assess the risk and quote
    Our underwriters study the risk and prepare a technically priced quotation with clear terms, conditions and no hidden exclusions.
    Sign the policy and you are covered
    Complete the documents, settle the premium, and your protection starts. If a loss occurs, our claims team takes it from there.