About NLG Oman
NLG Oman is a company based in Muscat (Oman) founded in 1983. The company has 212 employees. NLG Oman has completed 2 acquisitions, including Inayah TPA and RSA Middle East. NLG Oman operates in a competitive market with competitors including Blue KC, Beazley, Prudential, Oman Qatar Insurance and Takaful Oman, among others.
- Headquarter Muscat, Oman
- Employees 212
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website nlg.om
- Social LinkedIn X Facebook
- Legal Name Nlgic Support Services Private Limited
- Date of Incorporation 17 Oct, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹18.70 Cr
FY 2024 · +16% YoY
- Net Profit₹1.92 Cr
FY 2024 · 10% margin
- EBITDA₹3.05 Cr
FY 2024 · 16% margin
- Employee Count212
- Investments & AcquisitionsInayah TPA
& 1 more
Associated legal entities of NLG Oman
NLG Oman operates through Nlgic Support Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nlgic Support Services Private Limited CIN U74999TN2016PTC112945 | Active | 17 Oct 2016 | Chennai, Tamil Nadu | ₹18.7 Cr | 212 | 4 | View details |
Board of directors of Nlgic Support Services Private Limited (NLG Oman)
Nlgic Support Services Private Limited is the primary company behind NLG Oman. The board of Nlgic Support Services Private Limited currently have 4 directors; the longest-serving is Govindan Gopinath, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Govindan Gopinath DIN 07578900 | Director | 17 Oct 2016 | 9 yrs 11 mo | Nlgic Support Services Private Limited |
| Venkateswaran Balasubramanian DIN 06616155 | Director | 10 Apr 2017 | 9 yrs 6 mo | Nlgic Support Services Private Limited |
| Sanjay Kawatra DIN 08648731 | Director | 30 Dec 2019 | 6 yrs 9 mo | Nlgic Support Services Private Limited |
| Martin Stephan Rueegg DIN 10189668 | Director | 02 Jun 2023 | 3 yrs 4 mo | Nlgic Support Services Private Limited |
People of NLG Oman
1 people are tracked at NLG Oman (1 in leadership); the tracked headcount is 212.
| Name | Role | Group |
|---|---|---|
S Venkatachalam | CEO | Leadership |
Complete people profiles for NLG Oman
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Financials of NLG Oman
Figures of Nlgic Support Services Private Limited, the primary company behind NLG Oman, for FY 2024. Revenue was ₹18.70 Cr (+16% year on year). Net profit was ₹1.92 Cr (10% margin). EBITDA was ₹3.05 Cr (16% margin). Revenue has grown at a compounded annual rate of +20% over three years and +23% over five years.
- ₹18.70 CrRevenue · FY 2024 · +16% YoY
- ₹1.92 CrNet profit · 10% margin
- ₹3.05 CrEBITDA · 16% margin
- ₹2.44 CrPaid-up capital
- 212Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nlgic Support Services Private Limited are on its company page.
Detailed financial statements for NLG Oman
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Investments & Acquisitions by NLG Oman
NLG Oman has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Inayah TPA and RSA Middle East.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of insurance brokerage services | rsamiddleeast.tcc.mode | Horsham, United Kingdom | 0 | Apr 2022 | •••• | |
Healthcare and insurance services are provided by Inayah TPA. | inayahtpa.com | Dubai, United Arab Emirates | 2008 | Nov 2017 | •••• |
Complete acquisition details for NLG Oman
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Timeline of NLG Oman
3 dated milestones of NLG Oman across 39 years, from founding to its latest funding, stage changes and deals.
- Founded NLG Oman is founded.
- Acquisition Acquires Inayah TPA.
- Acquisition Acquires RSA Middle East.
Competitors of NLG Oman
NLG Oman operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue KC, Beazley, Prudential, Oman Qatar Insurance and Takaful Oman, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bluekc.com | 1938 | Kansas, United States | – | 1,596 | Provides health insurance plans for individuals, families, employers, and Medicare recipients. | |
| beazley.com | 1986 | London, United Kingdom | – | 712 | Specialist insurance and reinsurance are underwritten for clients worldwide. | |
| prudential.co.uk | 1848 | London, United Kingdom | – | 17,143 | Financial services for pensions and investments are provided by Prudential. | |
| oqic.com | 2004 | Muscat, Oman | – | – | Insurance company | |
| takafuloman.om | 2014 | Muscat, Oman | – | – | Sharia-compliant insurance services are provided by Takaful Oman. | |
| almadinatakaful.com | 2006 | Muscat, Oman | – | – | Provides Islamic-compliant insurance solutions through Takaful services. | |
| dhofarinsurance.com | 1989 | Muscat, Oman | – | – | Provides comprehensive solutions as a diversified insurance carrier. |
Detailed competitors of NLG Oman
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Latest news on Nlg Oman
Complete news archive for NLG Oman
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Similar companies to NLG Oman
10 companies that operate in the same segment as NLG Oman (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Frequently Asked Questions about NLG Oman
NLG Oman was founded in 1983.
NLG Oman is headquartered in Muscat, Oman.
S Venkatachalam is the current CEO of NLG Oman.
NLG Oman has 212 employees.
The primary company behind NLG Oman, Nlgic Support Services Private Limited, reported revenue of ₹18.70 Cr for FY 2024, up 16% year on year.
NLG Oman was established in 1983 and is based in Muscat, Oman. Operations focus on the insurance sector, where a variety of products and services are offered to clients in the region. Coverage includes general and specialized insurance lines, managed from the companys domain at nlg.om. Leadership is provided by CEO S Venkatachalam, ensuring structured delivery of financial protection solutions.
NLG Oman's top competitors include Beazley, Prudential and Takaful Oman.
NLG Oman has made 2 acquisitions, including Inayah TPA, and RSA Middle East.
NLG Oman operates through Nlgic Support Services Private Limited.
The legal entities of NLG Oman currently have 4 directors, including Govindan Gopinath, Venkateswaran Balasubramanian, Sanjay Kawatra and others.