First Takaful Insurance Co. KCSC (FTIK)

First Takaful Insurance Company - KPSC provides takaful insurance solutions to individuals, commercial, and industrial sectors in Kuwait. It operates through Takaful Insurance and Investment segments. The company offers life and medical insurance products, including medical individual and travel assistance, domestic helpers, and Haj and Umrah products. It also provides fire and general accident insurance products, such as house holder’s comprehensive, fire and allied perils, burglary, fidelity guarantee, money, glass, workmen’s compensation, comprehensive crime, general public and product liability, professional indemnity, decennial liability, and directors’ and officers’ liability insurance products; and engineering insurance products, including contractor’s and erection all risk, contractor’s plant and equipment all risks, electronic equipment, machinery breakdown, deterioration of stock, boiler and pressure vessel, and loss of profit following machinery breakdown insurance products. In addition, the company provides marine and aviation insurance products comprising hull, aviation, marine cargo, and freight forwarder’s and ship/liner agent’s liability insurance products; and motor insurance products that consists of comprehensive vehicle, third party liability, driver’s license, personal civil liability, and orange card insurance products, as well as fleet and vehicle total loss insurance products. Further, it invests in the funds; and offers reinsurance services, and insurance and reinsurance consultancy services, as well as technical studies to companies involved in insurance activities. The company was incorporated in 2000 and is based in Kuwait City, Kuwait. First Takaful Insurance Company – KPSC operates as a subsidiary of International Financial Advisors Holding – KPSC.