Razi Insurance Company (public share holder) ,the first private insurance company in Iran after the Islamic Revolution,was founded in the year 2003 with the capital of $ 14 millions.the capital later increased to $ 20 millions and then to $ 28 millions.
the market share index of our Company is 5% in Iran and the performance of the company shows at least 15% growth annually.

Razi now with 27 branches ,more than 600 insurance agencies over the country and 450 employees provides people with different insurance services :
-life insurance including term insurance,saving and life insurance,medical payments insurance , and travel insurance
-property insurance such as cargo insurance ,fire and home insurance ,engineering and liability insurance , car and third party liability insurance.

our major plans for the future are :
- to establish branches of Razi Insurance Company in the Persian Gulf Region : (Emirates, Iraq, …)
- to enter a joint venture with a foreign insurance company in order to have a larger attendance in the market of of Iran since the insurance penetration(ie premiums as a % of GDP) is 1.3% in the country where the figure is over 10% in developed countries and approximately 7% worldwide