ESTABLISHED IN 1985
Leading Insurer of Maldives
Our goal is to be an exceptional employer, excellent partner, and a good corporate citizen.
We are also committed to nation-building and protecting our planet.
We are dedicated to provide you
with quality insurance where
it is needed most.
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.
Drive to Excel,
in all endeavors
Reliable, all the way
Every employee counts
Make a difference
in people’s lives
Awards & Recognitions
We innovate to improve. See our achievements as a national leader, great employer, and corporate citizen
Founded in 1985
Paid First Major Cargo Claim
First Reinsurance Brokerage & Treaty Agreement
Paid First Major Fire Claim
The First Company Training Strategies
The 2004 Tsunami Claims
Intoduction of Life Insurance
Nation’s First Regional Insurance Office
First International Insurance Conference
Launch of Allied Islamic Window – Ayady Takaful
Maldives First Insurance eCommerce Service
Facilitation of Bancassurance Services
Family Takaful – The first shariah’s compliant life insurance services
Launch of Family Takaful Plans providing the first sharia’h compliant life insurance services in Maldives.
Launch of Allied Mobile App
Launch of E-Stickers
Introduction of Allied Customer Portal ‘MyAllied’
Launch of Agent 1600
Launch of Premium for Good – CSR Initiatives
Maldives First Employee Hackathon – Idea Camp
Co-hosted the FAIR Medical Insurance
Co-hosted the International FAIR Medical Insurance and Health Congress.
Launch of “Green For Good”
Launch of Maldives Covid-19 Insurance Plan
Launch of Allied Inbound – The Maldives Covid-19 Insurance Plan
Interested in a career with Allied Insurance?