The company was established under the name of Libyan Health Insurance Shareholding under the decision of the Secretary of the General People’s Committee for Industry, Economy and Trade previously No. (309) for the year (2009), and its activity was expanded and its name was changed to Libyan Insurance Shareholding under the decision of the Board of Directors of the Insurance Supervisory Authority No. (12) for the year 2022 AD with a paid-up capital of 35,590,000.000 under Commercial Registration No. (11210) and it is also subject to the provisions of Law No. (3) of (2005) AD regarding the supervision and control of insurance companies as one of the Pillars of the national economy.
Where the owners of capital shareholders of the company are from various major companies inside Libya, and they are one of the main nuclei to raise the level of the economy of our beloved country.
- Social Economic Development Fund
- Libyan Company for Investment and Operation of Sanitary Facilities
- Alrahila Oil Services Company
- Golden Sharara Oil Services Company
- Libyan African Aviation Holding Company
- Daman Investment Company
It is one of the Libyan national joint stock companies that have embarked on providing the best studied and advanced insurance services, one of the most important works it does is to provide various insurance coverage of all kinds that meet the needs of society, to provide it with the best necessary and necessary services in terms of protection, warranty, and safety. This company relies mainly in these works on the best insurance competencies and well-trained national elements that enable it to use the necessary modern technology in the field of insurance services, and is always keen on Keeping pace with and providing all that is new and advanced insurance coverage to meet the various needs of institutions and individuals against the risks they may be exposed to, their property and their responsibilities towards others.
The Libyan Insurance Company is characterized by the presence of a technic society and the field of insurance coverage that have the experience and know-how, which made them progress and upgrade the distinguished services it provides to ensure the service of the Libyan citizens and society as a whole, and it has agreements and treaties in reinsurance with leading international companies in this field, including companies Africa Reinsurance Company.
One of the main tasks of the Libyan Insurance Company is to contribute to the economic stability of society and not to be exposed to severe and sudden shocks, to ensure the protection of capital from the dangers surrounding it and preserve it from loss, which encourages increasing investment rates and promoting this strategic sector on which the country depends in building its economy.
Choosing the right insurance provider is a critical decision that can significantly impact your financial security and peace of mind. At the Libyan Insurance Company, we understand this responsibility and are dedicated to offering exceptional services that cater to your unique needs.
LDIC offers a wide range of insurance products, including life, health, property, and business insurance. Whether you’re looking to secure your family’s future, protect your health, safeguard your property, or ensure your business’s continuity, we have tailored solutions to meet your requirements.
Our clients are at the heart of everything we do. We prioritize your needs and work closely with you to understand your specific circumstances. This enables us to provide personalized insurance plans that offer maximum coverage and peace of mind.
LDIC is a financially robust company, ensuring that we can meet our obligations to policyholders even in challenging times. Our solid financial foundation gives you the confidence that your claims will be honored and your investments are safe with us.
With years of experience in the insurance industry, our team of professionals brings a wealth of knowledge and expertise to the table. We stay updated with the latest industry trends and regulatory changes, ensuring that our products remain relevant and competitive.
We understand that the true test of an insurance provider is how efficiently they handle claims. At LDIC, we have streamlined our claims process to ensure quick and hassle-free settlements, allowing you to focus on recovery and rebuilding without unnecessary delays.
Innovation is at the core of our operations. We continually develop and introduce new insurance products and services that address emerging risks and changing customer needs. Our commitment to innovation ensures that you always have access to the best possible coverage options.
While we are deeply rooted in Libya, we adhere to international best practices and standards. This unique combination of local knowledge and global expertise enables us to provide high-quality insurance solutions that are perfectly suited to the Libyan market.
LDIC is committed to contributing to the development and well-being of our community. We actively participate in social responsibility initiatives and support projects that enhance the quality of life for Libyan citizens.
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