IGI insurance was founded in 1953 as ‘International General Insurance’ by Syed Maratib Ali. In November 1953, IGI insurance was incorporated under the Companies Act 1913 as a Public Limited Company joint venture between Alliance PLC UK and the Ali Group – Alliance.
In 2004, IGI Insurance had acquired the Pakistan operations of “Royal and Sun Alliance (RSA) PLC, UK”. In 2014, the company entered the high growth Life Insurance market by acquiring Met Life Alico’s (“American Life Insurance Company”) business operation in Pakistan.
IGI is a public listed general insurance company (KSE: IGIIL) founded in 1953. Being part of the Packages Group, IGI is the largest insurance company by market capitalization. Headquartered in Karachi, IGI has offices in 8 cities nationwide and offers a wide range of general insurance products including Fire, Motor, Marine, Travel, Health Personal Accident and Home Insurance. IGI feels pride in having a long term business relationship with leading local and multinational companies.