About us

IGI has a rich history beginning in 2001 in Amman, Jordan. Founded by specialty insurance veteran Wasef Jabsheh with his 50+ years of industry experience, IGI was established with just $25 million in capital and an initial focus on energy, property, engineering, and marine business, predominantly across the Middle East region as well as Africa and Asia.

Our growth over more than two decades has been primarily organic, thoughtfully and opportunistically building out our product offering, our regional footprint, our expertise and talent alongside steady growth in our capital position and the strength of our balance sheet.

In 2020, we took the transformational step of becoming a public company listed on the Nasdaq exchange in the United States. Through a business combination with U.S.-based, Nasdaq-listed blank check special purpose acquisition company Tiberius Acquisition Corporation, our new holding company International General Insurance Holdings Ltd., registered in Bermuda, began trading on Nasdaq under the symbol “IGIC” on March 18, 2020.

Coincident with our U.S. listing, our IGI Bermuda subsidiary was granted approval by the National Association of Insurance Commissioners (NAIC) to write U.S. Excess & Surplus lines business. 

A year later, we established our European platform IGI Europe in Malta to directly access business across Europe and provide us additional opportunities for growth and diversification. Furthering this, we acquired Norwegian energy MGA Energy Insurance Oslo, which we had helped to set up in 2009 and maintained an exclusive arrangement with to write a portfolio of energy and construction business in Norway. IGI Nordic now offers a platform from which to write a more diverse suite of products in the Nordic markets.

Also in 2023, then President Waleed Jabsheh, who had joined his father Wasef Jabsheh in establishing IGI back in 2001, succeeded his father in becoming President & Chief Executive Officer, with Wasef Jabsheh retaining the Executive Chairman role.
 

Today, we are a truly global specialty insurance and reinsurance group, with eight offices worldwide, close to 500 employees, over $710 million in capital, over $2.1 billion in assets, writing around 25 lines of business worldwide. We have “A” rated financial strength ratings from both AM Best and S&P Global Ratings.  

In our more than two decades in business, we have built a strong track record of growth, with gross written premiums of around $10 million in our first year to over $650 million in 2025. While we are a deeply entrepreneurial business and have strong top line growth aspirations, our first and most important metric is our bottom line. Over the past 10 years, we have generated an average core operating return on average shareholders’ equity of 14.5%.

We continue to have an embedded founder/manager mindset that aligns directly with our shareholders. We often talk of ours as a family business – literally but also figuratively - with a deeply-embedded familial culture, one characterized by high-performance, meaningful collaboration and mutual respect, coupled with that same grit, courage and ambition that has been part of who we are from the beginning. We have a high level of interaction and engagement that underpins all of our attitudes and actions. 

While we are regulated in all jurisdictions where we operate, our group supervisory regulator is the Bermuda Monetary Authority (BMA) in Bermuda. IGI is domiciled in Bermuda, where we maintain a subsidiary office, also regulated by the BMA.