We work towards long-term cooperation with public and nonpublic entities and foreign and domestic companies and citizens. Our priority is to launch products and services which have flexible terms and meet customers’ needs and provide comprehensive professional insurance services to our customers in a timely manner.
To be a leading insurance company in Mongolian insurance market through the provision of professional insurance services and products which meet the needs of customers, and fulfillment of our social duties.
“Nomin Insurance” LLC has about 80 full-time employees and about 200 agents and provides all types of products and services of commercial insurance to every corner of Mongolia. About 50 percent of all employees have a profession of insurance economist and, trained and experienced employees show that the company is fully provided with professional and capable personnel.
We operate with adherence to the policy of creating professional insurance personnel by focusing on the knowledge and skills of employees and providing them with foreign and domestic training and seminars.
As a result of “Nomin insurance” LLC’s objective of reaching every citizen with its products and services since its operation in the insurance market, we are providing products and services through head office, two branches, and 2 insurance agents and 7 financial services centers in Ulaanbaatar and 19 branches in the local area.
Further, we will keep this objective and will always seek opportunities to increase the number of branches and agents in order to get closer to customers.
To fulfill our duties toward our insureds, we cooperate with reinsurance companies which leads their industry by assets and financial capability. Also, we have a partnership with local and international brokerage companies composed of able and competent personnel with long years of experience.
Product and services
ХарL Liability insurance:
Life and health insurance :
Asimon Brokers LLC
Asimon Brokers LLC was founded in 2004 and one of the first company to provide insurance and reinsurance brokerage services and since its founding, it has been actively engaging in the insurance industry. The company works with many reputed reinsurance brokers and underwriters and provides their wide variety of services and products to local customers and clients at the highest service level.
Jb Boda was founded by way back in 1943 in India and has cooperation with over 300 insurance companies of 80 countries. Jb Boda was accredited by Lloyds in December 2002- the first Indian Broker to achieve this recognition. Jb Boda is considered as the biggest and most experienced broker firm of India. We are actively engaged in business since 2005.
Hannover Re was founded in 1966. Since 1969 it began providing reinsurance coverage in Asia and has cooperation with about 5000 insurance companies of 150 countries. Also, it has approximately 100 subsidiaries, branches and representatives with over 2500 employees. Hannover Re is one of the biggest global reinsurance companies and it has an average annual gross premium of 10 billion euro.
2001 Founded and obtained a special license certificate
2002 Participated in automobile assessment and started rendering driver’s insurance services.
2003 Opened a branch for International travel insurance For the first time launched comprehensive insurance services into the Mongolian insurance market
2004 Opened its first branches in Darkhan and Erdenet cities.
2005 Started selling index-based livestock insurance implemented by World Bank and Government of Mongolia. Opened branches in Tuv, Bulgan and Uvurkhangai provinces.
2006 Opened branches in Khentii, Khuvsgul and Sukhbaatar provinces.
2007 Opened branches in Dundgobi, Dornod and Dornogobi provinces. Began cooperation with international reinsurance organization Swiss Re
2008 Opened branches in Arkhangai, Selenge, Gobi-Altai, and Gobi Sumber provinces Launched 24-hour call service
2009 Opened a branch in Umnogobi province. Launched insurance registration program.
2010 Qualified for Capacity development for Micro-Insurance Market project co-run by the United Nations Development Program and Financial Regulatory Commission
2011 Opened branches in Uvs, Bayan-Ulgii and Zavkhan provinces. Opened branches in Bagakhangai, Baganuur districts and opened insurance agencies In Tsogttsetsii soum of Umnugobi province.
2012 Began following mandatory driver’s liability insurance law. Signed reinsurance treaty agreement. Launched banking intermediary services Began organizing one-day event for insurance
2013 Qualified for Sustainable insurance project co-run by United Nations Population Fund and Financial Regulatory Commission. Opened financial services centers.
2014 Opened a branch at State Department Store
2016 Integrated ERP system with our operation Implemented successfully ISO 9001 quality management system, OHSAS: 18001 or occupational health and safety management system, ISO:14001 or environmental management system
2003 Selected as TOP BRAND in service
2004 Awarded with recognition of CUSTOMER AS A KING ORGANIZATION
2007 Selected as one of MONGOLIAN NATIONAL TOP SERVICES by Mongolian national best service selection association for its comprehensive insurance service and awarded with Ulemjiin chanar acknowledgment.
2008 Selected as one of the TOP 3 insurance companies of Mongolia.
2009 Selected as BEST INSURANCE COMPANY for its activities and services
2010 Selected as TOP INSURANCE COMPANY by Mongolian National Chamber of Commerce and Industry
2012 Selected as TOP INSURANCE COMPANY from Grand Expo of Mongolian Marketing Management Institution.
2013 Selected as LEADING CLAIMS SETTLEMENT COMPANY according to FRC indicators
2015 Selected as GRAND EXPO 2015 TOP INSURANCE COMPANY
For information on retail insurance, please click on this link https://daatgal.nomin.mn/retail
For information on insurance for corporations, please click on this link https://daatgal.nomin.mn/corp
For information on the list of materials needed for claim settlement, please click on this link https://daatgal.nomin.mn/retail/81
For information on contacts and locations of branches, please click on this link https://daatgal.nomin.mn/retail/43