This article about Top 10 Insurance companies in UAE is very difficult. As every Insurance company in UAE is enhancing its capabilities and progressing to keep up with UAE’s pace.
UAE is one of the best countries to live in. The Government has provided great opportunities for every individual. Many people come to UAE to invest and others come to find employment. Insurance is a service which helps investors and employees secure themselves incase of an unfortunate event. No one knows what is going to happens in the next second of our lives.
Moreover, as the number of people coming to UAE are increasing, the demand for insurance is also at rise. Mainly Dubai is one of the Emirates of UAE which has greater demand for insurance. As more opportunities are available due to the biggest Gulf port Jebel Ali Port.
There are many insurance companies and insurance brokers in the UAE. To be exact there are a total of 62 Insurance companies in the UAE. Every insurance company is specialized in insurance field having proper knowledge and experience. Moreover, many companies in the UAE are well established and have completed several decades. The number of companies is a good sign for customers. As more and more companies create competition in the market and the end user gets the benefits.
There are mainly two types of insurances in the market. These types fall under their own categories. Some are compulsory in the UAE and others are required according to the client needs. We will mention the insurance types as under :
Personal insurance covers things which you own personally. Like Car Insurance , Medical Insurance , House Insurance , Boat Insurance , Travel Insurance , etc. As the name relates it provides coverage only for personal needs.
Commercial Insurance covers things related to businesses and organizations. Like Fleet of Cars Insurance , Workmen Compensation Insurance , Group Life Insurance , Group Medical Insurance , Fire Insurance , Third Party Liability Insurance , Professional Indemnity , etc
The above are the Best 10 Insurance Companies in UAE.
Orient Insurance has been operating in the UAE since 1982 and is part of the Al Futtaim Group. Having one of the largest paid up capital of AED 500 Million in UAE. The main reason for its success is its strong financial base which reflects better customer service and support to its customers.
Established in 1972. Abu Dhabi National Insurance Company (ADNIC) is one of the leading insurers provider across the Middle East and North Africa (MENA) region. Customer Service is also it’s top priorities which keep them at 2nd place.
Oman Insurance Company established in 1975. It is one of the leading insurance company in the Middle East. The company has good customer services with high quality products. OIC provides a range of insurance products from Car insurance , Home insurance to large industrial and commercial enterprises.
New India Assurance formed in 1961 in Dubai. This company provides best insurance coverages at a very reasonable rate. The company offers services in the UAE including Dubai and is one of the most popular insurance companies in Dubai, UAE.
Tokio Marine & Nichido Fire Insurance Co. (TMNF) established in 1879. It is a non-life insurance company in the Tokio Marine Group. A global insurance group which is headquartered in Japan. TMNF in UAE has one of the best car insurance rates in the market with exceptional customer support.
Salama insurance previously know as Islamic Arab Insurance Co. was established in 1979 in Dubai, UAE. Islamic Arab Insurance is the leading insurance provider. Salama Insurance it is one of the largest Takaful and Re-takaful Companies in the world. Salama Insurance offers comprehensive range of takaful solutions which are approved by the shariah board.
Alliance Insurance established in 1975 has grown to become one of UAE’s leading providers of premium insurance services to individuals, corporations and government bodies. It is also one of the oldest companies in UAE. H.H. Sheikh Ahmed Bin Saeed Al Maktoum is the chairman with a team of reputable board of directors. They provide excellence in providing insurance solutions to customers.
Adamjee Insurance Co. formed in 1984 and is one of the oldest and best insurance companies in Dubai and the UAE. This company was established on 28 September 1960 and is one of the largest insurance company in Pakistan. It listed on Pakistan Stock Exchange. The competitive advantage of the company is significant reserves and paid-up capital as well as a diverse business portfolio. It is lead by Mr. Umer Mansha (Chairman).They are leaders in providing Fire and Property , Marine and Aviation , Motor , Health and other insurances.
NGI established and started operations in the UAE in 1980. Eecognized as a fully accredited National Takaful provider. National General Insurance offers a variety of plans and expertise involving but not limited to marine, motor, construction, casualty and property, medical or health, investment insurance Dubai and more. The Company is backed by A rated reinsurers from Europe and other parts of the world.
Oriental Insurance Dubai is the foreign branch of The Oriental Insurance Company in India. Formed on 12th September 1947 in India. It conducts its operations via ‘Armab Insurance Works LLC’ – a Chief Agency, since 1960. Since the time of incorporation, this insurer has been focusing on providing compatible policies to its customers.
However, there are many other insurance companies which are good but did not make in my list of Top 10 Insurance companies in UAE. Don’t mind , its just my opinion. You can select any insurer with whom you are satisfied and feel secure.
Dubai online insurance has been in the insurance business for long. Over the course of years, we have successfully devised many insurance policies for our clients. Get in touch with us to secure your Insurances. We also deal with all these insurance companies and other too. Online Insurance Quotes on our website are also available.
As an Insurance(Tameen) specialist, specialize in the following areas :
We provide other covers beside these, also if you have any queries feel free to contact us, and we will designate an insurance specialist to you who will guide and answer your questions. However, Our fast, efficient, courteous team will be at your service.
Email : info@dubaionlineinsurance.com
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