In 1985, Allied Insurance Company started off as a joint venture between Commercial Union Assurance Company, UK and State Trading Organization (STO), the nationwide leader of all commercial activities in Maldives. In early 1987, STO bought back shares of Commercial Union Assurance chartering Allied Insurance to continue doing the business as a subsidiary of the organization. Today with a local management, the company is one of the largest financial institutes and the most prominent insurance brand contributing to the growth and development of the country. Allied has had tremendous growth over the past decades, both in terms of the volume and business profitability
PRODUCTS & SERVICES:
Boat Building Insurance, Cargo Insurance, Consequential Loss Insurance, Contractors All Risks Insurance, Dive Insurance, Electronics & Computer Insurance, Erection All Risks Insurance, Expatriate Insurance, Fidelity Guarantee Insurance, Fire & Additional Perils Insurance, Guest House Insurance, Group Term Assurance Insurance, Health Insurance, Hull Insurance, Allied Inbound, Key Person Insurance, Life Insurance, Machinery Breakdown Insurance, Motor Insurance, Personal Accident Insurance, Public Liability Insurance, Hajj & Umrah Takaful, Home Takaful, Money Takaful, Public Liability Takaful, Plant, Machinery & Equipment Takaful and Travel Insurance.