Sukoon Insurance
Sukoon Insurance previously known as Oman Insurance Company is a composite insurance company headquartered in Dubai, UAE that sells insurance for individuals and businesses in UAE and Oman. Established in 1975 with majority ownership by Mashreq Bank, Sukoon is one of the largest publicly listed insurers in the country. Abdul Aziz Abdullah Al Ghurair is the chairman and Jean-Louis Laurent Josi is the CEO of Sukoon.
History
In 1975, Oman Insurance was launched by Abdulla Al Ghurair.On 6 October 2022, Oman Insurance has rebranded to Sukoon.
On 6 August 2025, Jean-Louis Laurent Josi resigned as CEO of Sukoon Insurance.
Products
Oman Insurance Company provides Life, Medical, and General insurance covers including products such as Trade Credit insurance. Insurance feature verticals including Healthcare, Motor, Property, Travel, Life, Engineering, Marine Hull, Aviation & Space, Energy, Marine Cargo, and Liability.With its head office in Deira, Dubai, Oman Insurance has 11 branches in UAE along with 2 agency managed branches in Sharjah and Dubai. The company currently employees over 650 staff, a network of agents, and works with international and local insurance brokers. The company also offers regional insurance products through its wholly owned subsidiaries in Oman and Turkey.
Oman Insurance was the first to offer STP, real-time motor policy issuance to its UAE customers in 2020.