al buhaira national insurance company: Al Buhaira National Insurance Company P.S.C. (ABNIC) is one of the UAE’s leading insurance providers, delivering reliable solutions for individuals and businesses since 1978. Headquartered at Al Buhaira Tower, Buhaira Corniche, Sharjah, ABNIC is recognized for its customer-centric approach, comprehensive insurance coverage, and strong presence across the UAE. Publicly listed on the Abu Dhabi Securities Exchange (ADX), ABNIC combines experience, expertise, and authority in the insurance sector.
Al buhaira national insurance company
| Company Name | Al Buhaira National Insurance Company P.S.C. (ABNIC) |
|---|---|
| Company Name | Al Buhaira National Insurance Company P.S.C. (ABNIC) |
| Established | 1978 |
| Headquarters | Al Buhaira Tower, Buhaira Corniche, Sharjah, UAE |
| Stock Listing | Abu Dhabi Securities Exchange (ADX) |
| Branches | Sharjah, Abu Dhabi, Al Ain, Northern Emirates |
| Key Products – Personal Insurance | Motor (Car, Motorcycle, Jet Ski, Yacht), Health & Medical, Travel, Home, Personal Accident |
| Key Products – Business/Commercial Insurance | Property, Engineering, Aviation, Marine, Energy, Liability, Employee Benefits |
| Specialty Insurance | Marine Liabilities & Hull, Builder Risks Hull, Electronics, Fidelity, Money, Jeweller’s Block |
| Customer Support | 24/7 Medical Claims Center, WhatsApp Support, Online Complaint & Feedback System |
| Digital Services | ABNIC Mobile App – Policy management, claims filing, quote requests |
| Awards & Recognition | Customer Happiness Medal (Insurance Authority), Excellent service since 1978 |
| care@albuhaira.com | |
| Fax | #ERROR! |
| Website | www.albuhaira.com |
| Core Strengths | Experience, Expertise, Authority (ADX-listed), Trustworthiness, Wide range of coverage, Digital convenience |
| Recent Financial Update | Returned to profitability in early 2025 after repricing and discontinuing unprofitable lines; solvency improving |
History and Background
ABNIC was established under the decree of H.H. the Ruler of Sharjah in 1978. Over the past four decades, it has grown into a trusted name in the UAE insurance market. With branches in Sharjah, Abu Dhabi, Al Ain, and other Emirates, ABNIC has consistently expanded its services to meet the evolving needs of personal and corporate clients. The company has earned multiple accolades, including the Customer Happiness Medal awarded by the UAE Insurance Authority for excellent service.
Why Choose ABNIC?
Choosing the right insurance provider is crucial for financial security, and ABNIC excels in delivering customer-focused services:
- Fast and Hassle-Free Claims: Efficient claims processing ensures minimal downtime during emergencies.
- Wide Range of Insurance Products: From personal motor insurance to corporate liability coverage, ABNIC caters to diverse client needs.
- Digital Convenience: The ABNIC mobile app allows users to manage policies, file claims, and request quotes easily.
- 24/7 Customer Support: ABNIC provides round-the-clock assistance, especially for medical and emergency claims.
Insurance Products Offered
ABNIC offers a comprehensive suite of insurance products for personal, commercial, and specialty coverage.
Personal Insurance
- Motor Insurance: Coverage for cars, motorcycles, jet skis, and yachts.
- Health & Medical Insurance: Individual, family, and group health plans with access to an extensive medical network.
- Travel Insurance: Emergency medical and travel coverage for trips abroad.
- Home Insurance: Protection for properties and assets against damage or theft.
- Personal Accident Insurance: Financial security for accidents or injuries.
- Specialty Insurance: Yacht and jet ski policies for recreational coverage.
Commercial & Business Insurance
- Property Insurance: Corporate property and business interruption coverage.
- Engineering Insurance: Machinery breakdown, contractor all risks, and plant & equipment insurance.
- Aviation & Marine Insurance: Comprehensive coverage for aircraft, marine hulls, cargo, and liabilities.
- Energy Insurance: Specialized policies for energy sector projects.
- Liability Insurance: Public, professional, and product liability coverage.
- Employee Benefits: Group medical, group life, and credit life insurance, as well as workers’ compensation.
Specialty Insurance
- Marine Liabilities & Hull: Coverage for shipping operations, yachts, and pleasure crafts.
- Electronics & Fidelity Insurance: Protection for electronic equipment, money, and fidelity guarantees.
- Builder Risks Hull: Insurance for construction and project-related risks.
ABNIC Financial Health
ABNIC is a publicly listed company, which ensures regulatory oversight and transparency. According to recent reports by S&P Global, ABNIC faced challenges in 2023–2024, including net losses and solvency issues. However, the company returned to profitability in early 2025 by implementing strategic measures such as repricing products and discontinuing unprofitable business lines. This demonstrates ABNIC’s resilience and commitment to protecting clients’ interests.
Digital Services & Customer Support
ABNIC offers advanced digital services to simplify policy management and claims processing:
- Mobile App: File claims, check policy status, and request quotes directly from your smartphone.
- WhatsApp Support: Quick assistance and customer engagement.
- 24/7 Medical Claims Center: Ensures uninterrupted medical claim support.
- Online Feedback & Complaints: Transparent system for customer satisfaction and complaint resolution.
Branches and Contact Information
ABNIC operates across the UAE, ensuring convenient access to its services:
- Headquarters: 6th Floor, Buhaira Insurance Towers, Khalid Lagoon, Buhaira Corniche, Sharjah, UAE, 6000
- Phone: +971 6 517 4444
- Email: care@albuhaira.com
- Fax: +971 6 574 8855
- Branches: Abu Dhabi, Al Ain, and other Emirates
- Social Media: Active presence for updates and support
Key Takeaways
ABNIC combines experience, expertise, authority, and trustworthiness to deliver reliable insurance services in the UAE:
- Experience: Over 45 years serving the UAE market.
- Expertise: Comprehensive personal, business, and specialty coverage.
- Authority: Listed on ADX, regulated by UAE authorities.
- Trustworthiness: Award-winning service, fast claims, and digital convenience.
FAQs
1. What types of insurance does ABNIC offer?
ABNIC provides a wide range of insurance products, including motor, health, home, travel, marine, aviation, liability, engineering, energy, and business insurance. They cater to both personal and corporate clients.
2. How can I get an insurance quote from ABNIC?
You can request a quote via the ABNIC website, mobile app, or by contacting their customer service at +971 6 517 4444. Quotes can be tailored based on your coverage needs.
3. Is ABNIC a reliable insurance provider in the UAE?
Yes. ABNIC has over 45 years of experience, is publicly listed on the Abu Dhabi Securities Exchange (ADX), regulated by the UAE Insurance Authority, and has received awards for customer service excellence.
4. Can I manage my policy online with ABNIC?
Absolutely. ABNIC offers a mobile app and online services where clients can view policies, file claims, and request quotes digitally.
5. How long does it take to process a claim with ABNIC?
ABNIC is known for its fast and hassle-free claims process, especially for motor and medical claims. The exact duration may vary depending on the type of insurance.
6. Does ABNIC offer group or corporate insurance plans?
Yes. ABNIC provides group health insurance, group life insurance, credit life insurance, and workers’ compensation for businesses of all sizes.
7. Are ABNIC’s services available across all UAE Emirates?
Yes. ABNIC has branches in Sharjah, Abu Dhabi, Al Ain, and other Emirates, and also provides online and mobile support for clients nationwide.
8. How can I contact ABNIC for support or complaints?
You can reach ABNIC via:
- Phone: +971 6 517 4444
- Email: care@albuhaira.com
- Fax: +971 6 574 8855
- WhatsApp: Available through their website and app
- Online complaint/feedback system via ABNIC’s official website
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