KIC is a shareholder company with headquarters in Erbil, Kurdistan Region. In term of capitalization, KIC at present is the largest among all Iraqi Insurance companies. It is capitalized at ID 40 billion ( the equivalent of nearly US$ 40 million). KIC managed to recruit a technically competent team of underwriters and other officers who have international exposure. the team members are capable of meeting the growing demand of international companies operating in the Region for high quality insurance protection and efficient delivery of services.