Palestine Insurance Company PICO was founded in 1994 with a paid-up capital of USD 5 million and is headquartered in Ramallah, Palestine. It provides various insurance products and services in Palestine. The company offers general insurance products, including civil liability, professional liability, personal accident, work accident, bankers blanket, cash in safe/in transit, workmen’s compensation, employer’s liability, fidelity guarantee, plate glass, and comprehensive home insurance products, as well as insurance against fire and theft. It also provides medical insurance comprising in-patient and out–patient insurance; motor insurance; engineering insurance, including contractors all risks, machinery breakdown, boiler explosion, and secure computer agenda insurance; and marine insurance, such as cargo insurance primarily to freight forwarders, shippers, and customers.