Company Overview

In 1985, Allied Insurance Company of the Maldives 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.
 
Our customers are well spread across the geographical divides of the tiny island nation. From the fisherman who owns small fishing boats to the major resort operators, our clients are varied in their trades and in their size.
 
Having gathered and recognized the experience of the local market, developing professionalism and expertise in the field, we are poised to play a responsible role in the development of the insurance industry in Maldives and its economy as a whole.
 

News and Updates

  • Allied Islamic window; Ayady Takaful wins IFFSA Awards

    Ayady Takaful wins the prestigious IFFSA awards at the 2nd Islamic Finance Forum of South Asian Region, held in Sri-Lanka on 24th October 2017. The Gold Award was presented to General Manager of Ayady Takaful Mr.Firushan Ibrahim, for pioneering the most innovative product of the year “Hajj and Umra Takaful”.

    October 24th, 2017
  • Allied Insurance awards prize to the winner of Guest house Insurance promotion

    At a joint media event held on 29th October 2017, Allied Insurance and Turkish airlines presented the luckydraw prize to Allied Guest House Insurance Promotion winner; Nilandhe Inn. The package was inclusive of Return to ticket to London awarded by Turkish Airlines and USD 2100 cash prize awarded by Allied Insurance. Ticket was presented by the General Manager of Turkish Airlines; Mr.Fahem Bakova and the prize money USD 2100 was presented by General Manager of Allied Mr.Ahmed Riyazi Mohamed.

    October 23rd, 2017
  • Allied Insurance becomes the Insurance Partner for SATA 2017

    Allied Insurance Company signs with Highrise International to become the exclusive Insurance Partner for South Asian Travel Awards (SATA) 2017. The agreement was signed by General Manager of Allied Insurance, Mr. Ahmed Riyazi Mohamed and General Manager of Highrise, Mr. Mohamed Shaamin.

    October 10th, 2017