Oman Insurance Company strikes a double win at the MENA Insurance Awards 2016 in Dubai, where they received the Commercial Lines Insurer and the Most Innovative Insurer – Product awards.
The MENA Insurance Awards, organized by MENA Insurance Review – a publication for the region’s corporate insurance industry, recognizes those insurers, reinsurers and brokers that have demonstrated exceptional customer service and innovative product development over the past 12 months.
Michael Rafter, EVP General Insurance comments, “It has been a remarkable year for our commercial team, delivering a wide range of insurance solutions, to diverse market segments, in an exceedingly challenging environment. We are pleased to win this award, an affirmation of all our successes this past year.”
Adds Andrew Brody, EVP Life “We are happy to be able to offer our customers innovative products like the Workplace and Savings Retirement Plan to bridge the pension gap in the UAE expat market.”
Winning these awards reiterates Oman Insurance’s mission to consistently develop superior insurance propositions for individual customers, business owners and large corporates, with distinctive service capabilities to match.
Oman Insurance Company (P.S.C.) (OIC) was established in 1975 and is one of the leading insurance providers in the Middle East. OIC has operations across Emirates in the UAE as well as in Oman, Qatar and a subsidiary in Turkey. OIC also owns a medical third-party administrator in Iraq operating under the name of “Support Management Services”.
OIC provides a wide range of insurance solutions for individuals and enterprises in Life, Medical and General insurance. With a gross written premium of AED 3.25 billion in 2014, OIC is rated ‘A Excellent’ by AM Best and ‘A- Stable Outlook’ by Standard & Poor’s.