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Tejaratno Insurance Company Public Joint Stock (Iran)

Main Activities: Insurance Carriers
Full name: Tejaratno Insurance Company Public Joint Stock Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is mainly engaged in all types of insurance.

The Company was established as a public joint stock company on 2 april 2016 and was registered under registeration number 489341
The Company was listed in iran fara bourse on 5 September 2016
From its inception until today, this company has been trying to benefit from the knowledge and technical expertise of its employees and use the most advanced technologies available in the form of a knowledge-based, creative and responsive company to always be the special choice of major insurers in the country. The goal of the business is to create special advantages, benefit from global experiences and new patterns of customer orientation in the process of obtaining insurance coverage, while presenting insurance day plans to eliminate the existing shortcomings of the industry, by reassuring esteemed insurers to pay in full. The damage should be a strong support for their future days.
Company mission:
New Trade Insurance Company intends to provide all innovative insurance services focusing on engineering, energy, fire and life insurance, relying on its capable personnel and integrated sales network and using modern technologies. Developing the activities of the Bank-Insurance, providing security for the customers and victims and trying to develop the insurance culture at the community level and a deep understanding of the benefits of our program stakeholders.
• Company goals:
o Making sustainable profits and ensuring shareholder satisfaction
o Attracting customers with the optimal optimization and preservation of customers
o Superiority in operational, marketing and customer service activities
o Increasing the amount of operating portfolio and gaining a percentage share of the industry
o Rule of law and adherence to social responsibilities
o Attracting and retaining specialized and efficient human resources
 Company strategies:
o Development of information technology in the direction or distance, maintenance, analysis and distribution of data to achieve intelligent hosting and
Customer relationship fashion promotion
o Development of performance of different organizational layers including management, employees and sales network in order to create value
For customers
o Increase the availability of the target market to insurance products and services
o Positioning the new business brand as a creative, dynamic and modern brand
o Awareness of the company s stakeholders, including shareholders, providers, sales network, insurers, etc. about the line
The direction and direction of the company for the purpose of achieving mutual understanding, understanding and building trust
o Establishing two-way communication with customers in order to order insurance services
Company development plans:
o Appearance standardization project of branches and agencies across the country
o Standardization project of organizational structure of branches
o Project of launching the online sales system of micro-insurance policies
o Launching a customer club

Headquarters
Shariati St, Did Not Reach North To South Due To Dibaj Alley, Below Hosseinieh Ershad, No. 4 Tejartno Insurance Building
Tehran; Tehran;

Contact Details: Purchase the Tejaratno Insurance Company Public Joint Stock report to view the information.

Website: http://www.tejaratinsurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2016
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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20%
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19.9%
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10%
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10%
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6%
Company Performance
Financial values in the chart are available after Tejaratno Insurance Company Public Joint Stock report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IRR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
50.9%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
96.31%
Investments
517.36%
Receivables
54.94%
Total equity
N/A
Net Premiums Earned Trend
28.09%
Net Profit Trend
122.68%
Return on Equity (ROE)
27.73%
Loss Ratio
43.24%
Underwriting Expenses Ratio
-1.47%

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