1- History:
Bankers Assurance SAL was born in Beirut in 1972 of the efforts of veterans of the Middle Eastern insurance market, Saba Nader and Maurice Karaoglan. The company was licensed to operate both as a general and life insurer.
Bankers Assurance is the leading Lebanese insurance company with international bonding.
We are part of Nasco Karaoglan group, a major player in insurance and re-insurance group that operates throughout the Middle East and Europe.
Our  group  is  leader  in  many  of  its  activities: Hull, special risks,  medical  and  general
insurance.

2- Strength:
In our 30 years of existence, Bankers Assurance has grown to become a trendsetter in the insurance industry in Lebanon. Growing steadily within the last 5 years at an annual rate of 15%, we have confirmed the historical leadership of our group in Lebanon.
Today Bankers Assurance is one of the most strongly capitalised insurance companies in Lebanon. Our 7 million US$ capitalisation is further strengthened by the financial backing Nasco Insurance Group: A net asset base of and turnover respectively in excess of US$ 34 million and US$ 67 million.

3- Partners:
As additional security to our clientele, Bankers Assurance has succeeded in developing highly privileged relationships with many heavyweights in the reinsurance world, such as Munich-Re and Swiss-Re. This has been achieved through a joint effort of Nasco Karaoglan, a sister company, and one of the three leading reinsurance brokers in France.
Being the main founder of MedNet Liban and holding 34% of its capital, Bankers Assurance writes over 40% of overall MedNet’s premiums.
Bankers Assurance worldwide culture allows it to play a major role with international companies with local implementation.

4- Services:
Besides our financial strengths, uncontested leadership on the market for over 8 years now, and a team of international professionals in their fields, we believe that our main force lies in living up to a consistent set of values of trust, ethics and utmost good faith. We believe in a beneficial spirit of alliance with our business partners.
We have mapped all touch points between our customers and us and are able to deliver a consistent, high quality experience that provides added value to our customers, whom we consider our main ‘Raison d’être’ and hope to always be up to their expectations.