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ALICO, or Asia Life as we were then called, was started up
in 1921 as the first company to offer life insurance to Chinese citizens.
Since then we've come a long way, all the way round the world in fact, to
reach 55 countries and 35 million customers.
And we've been through turbulent timeas as well as times of economic
growth - as have our customers and their finances. Through periods like the 1929
Great Depression and the Great Inflation of the 1970's, our ALICO forefathers
developed a staying power and prudence that set us in good stead, which is why the
company that we are today is going to be around for a good few tommorrows as well -
and policyholder's interests will be as well looked after as they've ever been.
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ALICO has been present in the Middle East, Africa and South Asia
region since 1952 with its regional headquarters at DIFC (Dubai International
Financial Centre). We have over the years maintained a leading presence in 14
territories across the region starting from Bangladesh (1952), Lebanon (1953),
Saudi Arabia (1954), Kuwait (1954), Jordan (1958), Bahrain (1960), United Arab
Emirates (1962), Qatar (1962), Oman (1971), Turkey (1988), Pakistan (1995),
Palestine (1996), Egypt (1997) and Nepal (2001).
Over the last forty six years we've become very used to listening to the
local community and developing our offering according to people's needs. And we
know that our success depends on the success of the local community. We've always
done our best to nurture talent, as well as work with the government and partners
to bring a strong regulatory framework around the insurance sector - so our
customers have the very best protection.
We believe in diversity and ethnicity and make sure to reach people from
all walks of life. In this region alone, we employ over 1,500 skilled insurance
professionals from diverse backgrounds. We also maintain a sales force of around
16,000 trained and experienced insurance agents and sales representatives to
ensure that you always have someone to turn to if you want to talk about your
insurance needs.
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