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Company Overview

 

AMAR Insurance LLC – CORE VALUES


Our customers are at the heart of everything we do. We are committed to designing and delivering innovative, practical insurance solutions tailored to the unique needs of each client. Through accessible, streamlined, and forward-thinking services, we strive to provide reliable protection and an exceptional customer experience.

 

 

 

 

WHAT DO WE BELIEVE IN?
As human beings, we possess an inherent capacity for compassion, mutual care, and resilience—the instinct to protect one another from risk and to face life’s challenges together. These fundamental qualities are the foundation of trust-based insurance, where the core principle is collective responsibility: the shared support of one another in times of loss.

Every insurance product represents our customers’ trust and our promise to honor it. Guided by this trust, we are committed to safeguarding the universal human values that matter most—life, health, family, and property.

 

 

 

   
COLLABORATION   TRUST   PARTNERSHIP

We are a collective united by a shared purpose: safeguarding our customers against risk.

 

 

Our organization is built on the trust and responsibility entrusted to us by our customers.

 

 

Beyond providing claims settlement, we work alongside our customers as a trusted partner in effective risk management.

 

     
INNOVATION   VALUE    

We embrace technological advancement and foster innovation to deliver smarter, more efficient solutions.

 

  We prioritize long-term partnerships and mutual growth over short-term outcomes.    

 

 

 

OUR MISSION

Our mission is to uphold the highest standards of professional ethics and deliver expert, innovative insurance services that are positive, straightforward, and efficient. By safeguarding our clients' future from risk, we contribute to a secure and prosperous tomorrow through lasting value and sustainable growth. 

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OUR VISION

We strive to be an insurance company that upholds the universal values of hunamity and prioritizes a people-centered approach grounded in professional ethics.

 

 

 

Dear Valued Clients and Partners,

We extend our sincere gratitude for the trust and partnership you have shown us.

For Amar Insurance, 2024 was a year of significant achievements and progress.

Over the year, we partnered with 21,099 clients and generated MNT 26.5 billion in gross written premium in come. We provided MNT 5.4 billion in claims to 3,671 clients who encountered unexpected risks. As of 2024, our capital adequacy ratio stood at 222%, and our solvency level fully met the highest standards set by the Financial Regulatory Commission. This has reaffirmed our position in the market as a reliable and stable insurer. These accomplishments were made possible through the close cooperation we maintained with our partner organizations, representatives, and reinsurers. In an era defined by global digital transformation, the insurance industry-like all sectors-faces both the challenge and necessity of keeping pace with rapidly evolving technologies. To strengthen our position in the market, we are focusing on technology-driven product development and operational efficiency. We believe that creating positive change and making a meaningful impact on society requires effort and commitment from organizations of all sizes. In 2025, we will increase investments in information security and technological advancement, and we are fully prepared to take the next step in expanding our insurance business beyond the Mongolian market. We sincerely thank you for your invaluable support and collaboration, and we look forward to building future success together.

 

 

MANAGEMENT TEAM

 

 

 

Who are we and what do we do?
Company Overview
Amar Insurance LLC is a trusted and well-established insurer with over 23 years of experience in the insurance industry. Backed by a team of highly skilled and dedicated professionals, we have earned the confidence and loyalty of our clients. We provide a comprehensive range of insurance solutions for both individuals and businesses, and through our advanced digital platforms, we are committed to delivering efficient, reliable, and customer-centric services tailored to our clients’ evolving needs.