Intermediary Reinsurance Broker Company – IRB - is the Iraqi Reinsurance Broker licensed by the Iraqi Insurance Diwan under the Ministry of Finance. We are an Iraqi based reinsurance broker company which is specialized in tailoring reinsurance solutions to our clients and insurance companies located in Iraq. As a reinsurance broker and in order to better serve our market we are partnering with multiple Lloyd’s brokers and worldwide A rated reinsurance companies.
Intermediary Reinsurance Broker – IRB is committed to follow and apply with all the regulatory requirements implied by the Iraqi government along with respecting all international acts and standards. IRB has one of the most professional legal and compliance teams that follow up to make sure that all KYC documents are available and verified for all business entities and partners. In addition, IRB applies all AML procedures on all its financial transactions to make sure that there are no fraudulent actions or conflict of interest. Being a local Iraqi company with international partners, IRB makes sure, throughout our compliance team and screening protocol, not to get involved with any sanctioned entity respecting local regulations and international clauses.
Our Team is formed of insurance experts with different experience backgrounds in the insurance and reinsurance sectors. In addition to the above, Intermediary Reinsurance Broker Company – IRB – provides insurance companies with TPA options to handle their medical policies. We also have some automatic facilities with regional and international reinsurers that enable us to provide immediate cover to our clients.