Saipa Insurance Broker Co. (SIBCO) was established on August 2011, to carry out all types of insurance-related activities and provide counseling services within the framework of regulations of Iranian Supreme Council of Insurance and Central Insurance of Islamic Republic of Iran. The entire 100% of the company's stocks is owned by Saipa Automotive Group. Conducting comprehensive studies, the shareholders established SIBCO to integrate Saipa Group's insurance activities. SIBCO's philosophy of existence can be summerized as : obtaining insurance services with suitable rates and conditions from all insurance companies, creating profitability, integrating insurance potentials of Saipa Group, completing the services portfolio of customers, enhancing the bargaining power and risk management consultations in favor of Saipa Group. We intend to provide proper counseling services and the most convenient insurance coverage, rates and terms of service for Saipa Group and other customers and policyholders. This can be achieved by benefiting from insurers' high abilities and relying on our own capabilities and extensive sales network. The most important services of SIBCO include: § free counseling services § insurance services in various fields representing all insurance companies § evaluation and indemnification in individual insurances