Karafarin Insurance Company Public Joint Stock (Iran)

The main activity of the company is to carry out life and non-life insurance operations to direct insurance business from inside or outside the country in a variety of insurance fields and technical and legal reserves.
The Company established under registeration No. 200845 in Tehran on 9 March 2003.
The Company started its activity on 18 May 2003
The Company listed in Iran FaraBourse Base Market B on 4 February 2013.
Vision
To become one of the best insurance companies in the local and regional market.
view
- The Company want to be among the top insurance companies in the country.
Mission
Delivering qualified insurance services to our customers.
Delivering new insurance coverage due to diversified needs of our customer.
Respecting to all rights of our beneficiaries (society, environment, customers employees, shore holders)
Targets
- Understanding the insurance needs of different sectors of society.
- An attempt to provide the right products for each sector.
- Implement the organizational excellence model.
- Promotion of human resources technical knowledge.
- Empowering the sales network from the technical, financial, and legal aspects.
- Design and implementation of customer relationship management system.
- Planning to raise the level of loyalty of insurers.
- To play an effective role in sustainable development.
- Implementation of regulatory and corporate governance systems.
- Quality and portfolio promotion of the company.
Values
- honesty
- the trust
- learning
- Teamwork
Legitimacy
Goals:
Investigation of insurance needs for different market segmentation.
Offering appropriate products to the target market.
Implementation of European foundations of quality management (EFQM)
Improvement of human resource skills and knowledge.
Optimization of sales network capacity.
Implementation of customer relationship management (CRM)
Planning to increase the level of customer loyalty.
Considering the sustainable development strategy to all aspects of companies' activity.
Improving the volumes and also the quality of portfolio
International Awards
In recent years, KIC has received several international awards mainly from the Management Consulting Association, “Other Ways”, in France, and International Association of Quality, BID, in Switzerland. These bodies are credible in the field of excellence and promoting quality in business corporates.
KIC succeeded in acquiring the following awards in years 2010
until 2014.
• Platinum Trophy and Diploma of Quality and Superior Brand; Geneva- Switzerland, 2010
• Golden Trophy and Diploma of Quality and Trade Credit; Berlin- Germany, 2011
• International Golden Trophy and Diploma of Quality of the
Century; Geneva- Switzerland, 2011
• Golden Trophy and Excellent Grade of Quality and Trade
Credit; New York- USA, 2011
• Golden Trophy and Diploma of Quality; Paris- France, 2011
• Platinum crown Trophy for Excellent Quality; London- UK 2012
• International Excellent Grade Trophy of Responsibility and
Success; New York- USA, 2012
• Golden Star Trophy for Global Quality; Paris- France, 2011
• Excellent Quality Creativity Crown; London- UK, 2011
• Splendid 5-Continent-Trophy for Quality Superiority; Rome-Italy, 2011
• Golden Trophy of Superior Quality; Frankfort- Germany, 2011
• Platinum Trophy of Superior Quality; Frankfort- Germany, 2012
• BID International Star for Leadership in Quality; Paris- France
2013
• European Award for Best Practices; Brussels- Balgium 2014