Corporate Profile

Oman Insurance Company (PSC), or OIC, is one of the leading insurance solutions providers in the Middle East, headquartered in Dubai, UAE. OIC has 15 branches including the Head Office-Operational Branch and a strong presence in every Emirate in the UAE, the Sultanate of Oman and Qatar.

Established in 1975, OIC today is a financially sound and professionally managed organization. The company is rated ‘A Excellent’ by AM Best and ‘A- Stable’ by Standard & Poor's, supported by leading reinsurers like Swiss Re, Munich Re, Allianz and Arig.

The company practices true customer-focused service through its quality products, underwriting all types of risks in General, Life and Health Insurance, often going that extra mile to tailor make special covers based on specific customer needs. OIC provides a complete range of insurance solutions from Life, Health, Motor and Personal Lines to covers for medium to large industrial and commercial enterprises; and Energy, Marine and Construction sectors. To achieve this end, it has employed qualified and experienced professionals who are specialists in these respective industries.

The company has been receiving a series of awards acknowledging its successes. Some of the recent wins are - 

Unique distinction of winning three awards at the Middle East Insurance Industry Awards 2017

General Insurance Company of the Year
Health Insurance Company of the Year
Educational & Training Initiative of the Year

Most Innovative Insurer, Product Award for LivFit, a comprehensive wellness program at the MENA Insurance Awards 2018

Commercial Lines Insurer of the Year and the Most Innovative Insurer - Pension Product at the MENA Insurance Awards 2016 

UAE Insurer of the Year at the MENA Insurance Review Awards 2015  

Best Business Insurance Product at the Banker ME UAE Product Awards 2015

OIC is a customer-centric company, with a single-minded focus on service. Its priority is to build long term client relationships, with complete customer satisfaction as the most important, non-negotiable objective. 

Our Current Board of Directors

  • Chairman: H.E. Abdulaziz Abdulla Al-Ghurair
  • Vice Chairman: Mr. Ali Rashed Ahmad Lootah.
  • Members:
    • Mr. Rashid Saif Al-Jarwan
    • Mr. Ali Lakhraim Al Zaabi
    • Mr. Nabeel Waheed
    • Mr. Badr Abdulla Al Ghurair
    • Dr. Muna Tahlak
  • CEO: Jean-Louis Laurent Josi

Executive Committee

  • Andreas Grammas, Executive Vice President - Head of Human Resources
  • Christopher Wildee, Executive Vice President - Head of Commercial Lines
  • Emmanuel Deschamps, Executive Vice President - Head of Reinsurance ERM Actuarial Data & Individual Life
  • Freeda Rego, Executive Vice President - Head of Customer Operations
  • Hammad Khan, Executive Vice President - Head of Finance and Administration
  • Julien Audrerie, Executive Vice President - Head of Consumer
  • Louise O’Donnell, Executive Vice President - Head of Strategy, International Operations, Legal & Compliance
  • Ranji Sinha, Executive Vice President - Head of Distribution UAE
  • Sreedhar Suragouni, Executive Vice President - Head of Information Technology
  • Dr. Yasser Khalifa, Executive Vice President - Head of Employee Benefits

Our Vision

To provide outstanding insurance solutions that help create and protect wealth and wellbeing

Our Mission Statements

To develop superior insurance propositions that: 

  • Customers recommend to family and friends,
  • Owners buy for their businesses,
  • Employees are proud of and
  • Shareholders seek for long-term returns.  

    Our Core Values

    We are guided in everything we do by five core values:

      1. Collaboration: We work together as one team to make a difference.
      2. Integrity: We keep our promises, take personal accountability and earn the trust of our customers.
      3. Customer First: We put our customers at the heart of all we do.
      4. Excellence: We believe quality is never an accident, it's a deliberate practice.
      5. Constant Improvement: We are fast, agile and constantly thinking of new ways to enhance customer experience.

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    Operating Hours: 8:00am to 5:00pm, Sunday to Thursday (Excluding Public holidays)