Al Dhafra Insurance Company PSC (DHAFRA) is a prominent insurance provider based in the United Arab Emirates. Established on January 1, 1979, the company has been serving the UAE market with comprehensive insurance solutions for over four decades. Al Dhafra specializes in offering both life and non-life insurance products, catering to a broad spectrum of individual and corporate clients. The company’s diverse offerings include a wide range of coverage options that address the needs of the modern world, making it a trusted provider in the region’s competitive insurance market.
Al Dhafra operates through two primary business segments: Underwriting of General Insurance Business and Investments. The Underwriting of General Insurance Business segment encompasses a wide variety of policies designed to provide protection against common risks encountered by individuals and businesses. The company’s general insurance products cover several key areas, including fire and general accident, marine cargo, motor insurance, medical insurance, and miscellaneous risks. These products are essential in providing financial protection for property, health, and personal well-being, making Al Dhafra a key player in the UAE’s insurance market.
Among the key non-life insurance products offered by Al Dhafra are fire and general accident insurance, which protects businesses and homeowners against damage caused by fire or accidents. The company also offers contract works insurance, providing coverage for construction projects and contractors, as well as contractor’s plant and equipment insurance to safeguard against machinery breakdowns. Additionally, Al Dhafra provides electronic equipment machinery breakdown insurance, which is vital for businesses that rely on costly electronic and machinery equipment.
Another important offering is workmen’s compensation and employer’s liability insurance, which ensures that employees are compensated for injuries or accidents that occur in the workplace. This is particularly crucial in high-risk industries such as construction, manufacturing, and logistics. Public liability insurance is also part of the company’s general insurance portfolio, protecting businesses from claims made by third parties for injuries or damages that occur on their property or due to their operations.
Al Dhafra also specializes in medical and malpractice insurance, which provides coverage for healthcare professionals against claims related to malpractice and offers medical coverage for individuals and groups. The company’s marine cargo, marine hull, and marine craft insurance provide vital protection for goods in transit, vessels, and marine equipment, ensuring that businesses engaged in international trade or maritime activities are covered against shipping risks.
In addition to these offerings, Al Dhafra provides specialized insurance for oil and gas onshore and offshore operations, recognizing the unique risks associated with the energy sector. This coverage is essential for businesses operating in the UAE’s key oil and gas industry, providing financial protection against accidents, equipment failure, and environmental damage.
The company also offers personal accident insurance, which provides compensation in the event of an accident resulting in injury, disability, or death. For those traveling abroad, visit visa policies offer coverage for medical expenses, emergency evacuation, and other travel-related risks. Additionally, Al Dhafra offers house maid policies, which protect domestic workers against accidents and injuries sustained while performing their duties.
On the life insurance side, Al Dhafra provides medical and life insurance products designed to safeguard individuals and families against the financial burdens of medical expenses and life-related risks. These products ensure that policyholders and their families are protected against unforeseen health issues, hospitalizations, or accidents.
The Investments segment of Al Dhafra focuses on managing the company’s financial assets, including investments in marketable equity securities, investment funds, development bonds, term deposits with banks, and investment properties. This diversified investment strategy helps the company generate returns, ensuring its continued financial stability and enabling it to offer competitive insurance products to its clients. By strategically investing in a variety of assets, Al Dhafra ensures that it can reinvest in its operations, enhance its product offerings, and provide excellent value to policyholders.
Al Dhafra Insurance Company PSC is headquartered in the UAE, with its office located at P.O. Box 319, UAE. The company’s long-standing presence in the UAE’s insurance market is a testament to its ability to adapt to the evolving needs of its customers while maintaining high standards of service and financial reliability. Al Dhafra’s commitment to providing comprehensive, high-quality insurance solutions has made it a trusted partner for individuals and businesses across the UAE.
For corporate inquiries, investment opportunities, or more information about Al Dhafra Insurance Company PSC, the company’s head office is located at:
P.O. Box 319, United Arab Emirates.
