Alborz Insurance Public Shareholding Company (Iran)

Alborz Insurance Company (AIC) was established as a private entity on 21st July 1959 with the primary aim of providing superior quality insurance services, generating diversity in insurance business and obtaining customer satisfaction. Within a short period of commencing its activities, the company was able to obtain the confidence of owners of capital and commodities.
After the victory of the glorious Islamic revolution, due to its successful prior record, AIC continued its operations under the same name. following the execution of general policies of principle 44 and necessity of privatization of state insurance companies , 80 percent of alborz insurance company shares was divested to the private sector through stock exchange market and was very welcome by stock investors and activities , thus a state insurance company again changed.