IGI Becomes the First Middle East Insurance Company to Trade on NASDAQ

Press release
Published March 18th, 2020 - 05:49 GMT
IGI Becomes the First Middle East Insurance Company to Trade on NASDAQ
IGI, first company in the Middle East to trade on NASDAQ.

Today IGI achieved a huge milestone in the company’s evolution. It became the first Middle Eastern company trade on the NASDAQ.

“Today is a very special day for IGI. A historic day. A day to celebrate,” Mr. Wasef Jabsheh, CEO & Vice Chairman of IGI, said. "As you know, our business combination with Tiberius has now successfully closed and as of today, IGI is a public company. Later today, we will begin trading on Nasdaq Capital Markets. This is a significant achievement in its own right, but it is particularly gratifying that we are the first company with headquarters in Jordan to be admitted to trade on the Nasdaq exchange in the United States. Looking back over the past 18 years, we have had an exciting and successful time with significant growth in our business, significant growth in the number of our people joining IGI, and many important milestones along the way. We have some of the best and most talented people in the market. And we have been supported for many years by our clients and brokers. We are very fortunate to have the people that we have as part of the IGI family. I wish that you and all of your families stay well and healthy during this time, and please let us know if there is anything at all that we can do to help. We are here for you as you have been for us.”

Background Information

International General Insurance Holdings

Established in 2001, we are an entrepreneurial business with a worldwide portfolio of Energy, Property, Construction & Engineering, Ports & Terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors’ and Officers’, Political Violence, Forestry and Treaty Reinsurance.

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