Insurance Corporation of Afghanistan: Best Insurance Company Afghanistan 2020
The Insurance Corporation of Afghanistan (ICA) has for more than a decade been the largest in the country’s sector. ICA continues to operate at peak performance despite the challenges of the pandemic and political unrest. Net revenues have doubled over the past two years. Employee Benefits (Health, Group Personal Accidents & Life) has become ICA’s champion product, recently redefined and realigned to suit the needs of international NGOs. The overhaul has allowed ICA to gain a foothold in that market, serving a sizable growing population. The company is continuously investing in top-tier IT infrastructure and is currently upgrading its health insurance software, streamlining it’s TPA arm Interhealth Asia (IHA). Employers can select from a range of coverage plans that will be tailor-made to suit coverage and budgetary requirements. To support the growth, ICA has expanded the health insurance team and placed patient co-ordinators at hospitals to offer unmatched quality standards. But healthcare coverage represents only a fraction of ICA’s product portfolio. It also provides unrivalled insurance and risk management solutions to suit various commercial lines through supporting leading corporation that drives the economy offering numerous solutions such as Property, Political Violence, Engineering, Liabilities and Motor fleet insurance. ICA also initiated The Frontier Alliance to leverage its relationship to create mutual value for alliance members operating in Frontier zones. ICA aims to extend its reach with a new subsidiary in Uzbekistan and fuels growth with continuous improvement of products and services. The CFI.co judging panel presents ICA, a repeat programme winner, with the 2020 award for Best Insurance Company (Afghanistan).
