Moallem Insurance View Website
Moalem Insurance, initially known as Export Insurance and Investment Company, was established in 1994, with the collaboration of banking system for the purpose of expanding exports and providing credit insurance coverage for the available risks. After the sales of the majority stocks of the company and under the decision of the new shareholders in July 2007, the company was renamed Moalem Insurance.
Given the conditions of the country and the prediction of the problems that shipping lines would potentially encounter, Moalem Insurance was purchased by the Islamic Republic of Iran Shipping Line (IRISL) so that IRISL could utilize its potentials in the insurance industry, and as well, insurance industry could provide coverage for IRISL ships. Moalem Insurance managed to stage a prosperous performance in this regard, and this matter led to the formation of the first insurance P&I in Iran.
