It is with great pride and optimism that I extend my warmest greetings through this message as Chairman of Al-Hamraa Insurance Company. Since our establishment, we have remained steadfast in our mission to provide comprehensive, reliable, and innovative insurance solutions that serve the evolving needs of individuals, businesses, and communities across Iraq.
At Al-Hamraa, we believe that insurance is more than a financial product—it is a promise of protection, a pillar of stability, and a partner in progress. Our growth over the years has been built on a foundation of trust, strong governance, and a customer-first approach. We are proud to have earned the confidence of our clients and partners, and we continue to uphold this trust with integrity, transparency, and professionalism.
The insurance sector in Iraq is undergoing a significant transformation, and Al-Hamraa is proud to be at the forefront of this change. Whether through adopting new technologies, enhancing our product offerings, or strengthening our risk management capabilities, we are committed to delivering value and building resilience in an increasingly complex environment.
As we look to the future, our focus remains on sustainable growth, digital innovation, and human capital development. We are investing in our people, processes, and platforms to ensure that we remain agile, competitive, and ready to meet tomorrow’s challenges.
I would like to thank our valued clients, partners, regulators, and stakeholders for their continued support. Most importantly, I commend our dedicated team at Al-Hamraa for their unwavering commitment and hard work. Together, we will continue to protect dreams, empower businesses, and contribute to the prosperity of our nation.
Al Hamraa Company is an Insurance firm which started operating in 2001 providing advice and professional assistance to clients to protect their property, assets, employees, earnings, and liabilities on a cost-effective basis.
The Company has developed into one of the leading Insurance companies in the Insurance industry Today.
The Company has identified the need to expand and apply its ever-increasing skills diversity of its clients’ needs requiring specialized protection services because in an inconsistent and challenging environment such as Iraq’s, we understand that individuals and businesses need a strong, diligent partner who could safeguard their interests from any circumstances.
Today, Al Hamraa has professional and dedicated staff, with a high level of experience in Insurance and has provided professional services to a wide range of clients both corporate and individual.
We are registered by the Insurance Regulatory Authority under the numbered Certificate of Incorporation (MH7673) dated 07/01/2001 and issued by the Registrar of Companies at the Ministry of Trade. It got a license for the practice of the profession by the Department Controller of Insurance in the Ministry of Finance number (4/2001) dated on 27.03.2001.
The Company started its actual activity on 1/7/2001 after obtaining the approval of the Ministry of Finance on the documents that could be marketed models. Where the company issued the first documents in this history, it was a Fire Insurance Policy
