About Oman Insurance Company
Oman Insurance Company is a publicly listed company based in Dubai (United Arab Emirates) founded in 1975. It delivers insurance for motor, life, health, home, and travel in UAE and Oman. It operates on a B2C and B2B model. Oman Insurance Company has completed 1 acquisition, including ASCANA. Oman Insurance Company offers products and services including Motor Insurance, Life Insurance, Health Insurance, Home Insurance, and Travel Insurance. Its focus areas include FinTech, Insurance Tech, General Insurance and Motor and Health. Its legal entity is Sukoon Insurance PJSC. Its competitors include ADNIC, NGI and Dubai Insurance.
Company details
Sukoon Insurance PJSC is a leading insurer based in Dubai, UAE, offering motor, life, health, home, and travel insurance products. They operate through digital platforms for easy claims and services, serving individuals and businesses across the UAE and Oman. With a focus on customer satisfaction, they process claims efficiently and have over 1.36 million members, emphasizing financial stability and innovative solutions.
- Headquarters Dubai, United Arab Emirates
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website sukoon.com
- Social LinkedIn X
- Legal Name Sukoon Insurance Pjsc
- Annual Revenue$6.65 B18.12as on Dec 31, 2025
- Net Profit$362.99 M36.61as on Dec 31, 2025
- Investments & Acquisitions
Products & Services of Oman Insurance Company
Oman Insurance Company offers a comprehensive portfolio of products and services, including Motor Insurance, Life Insurance, Health Insurance, Home Insurance, and Travel Insurance.
Covers vehicles against accidents and damages in UAE.
Offers financial security for life events and families.
Provides healthcare services and claim reimbursements.
Protects homes and possessions from risks and losses.
Insures travelers against trip disruptions and emergencies.
People of Oman Insurance Company
38 people are tracked at Oman Insurance Company (10 in leadership, 28 in team).
| Name | Role | Group |
|---|---|---|
Sir Nazih al Hajj | Collection Head | Leadership |
Hratch Miskdjian | Vice President Head Of Accounts Receivables | Leadership |
Hammad Khan | Cfo, Head - Finance & Admin. | Leadership |
Sony Francis | Senior Vice President, Head Of Risk Engineering & Risk Management | Leadership |
Mohamed Riyas | Head Of Motor Fleet & Corporate | Leadership |
Jean-Louis Laurent Josi | Chief Executive Officer | Leadership |
Dima Fakhoury Msm | Head Of Compliance | Leadership |
Murtadha Alajmi | General Manager | Leadership |
Saad al Beiruti | Senior Vice President - Risk Management Unit | Leadership |
Ankur Rungta | Property Underwriter- Assistant Vice President | Leadership |
Ahsan Sulemani | Service Center Manager-motor Claims | Team |
Darah Abbas | Manager | Team |
Moazzam Ali | Client Services Associate | Team |
Prathamesh Kakaria | Associate Financial Syndicate Manager | Team |
Thuraya al Jasmi | Senior Assistant Manager Motor Claims | Team |
Sreetama Ray Chaudhuri | Senior Manager | Team |
Mohammed M | Assistant Manager | Team |
Sudheesh Kumar Pillai | Business Development Manager | Team |
Marimuthu Kannan | Business Development Manager | Team |
Natasha Mascarenhas | Senior Officer, Medical Operations, Fulfillment | Team |
18 more people are available in the full profile.
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IPO & Listings of Oman Insurance Company
Oman Insurance Company is a publicly listed company on the DFM with ticker symbol SUKOON in UAE, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Oct 2004
- Listed onDFM: SUKOON
- Listed entitySukoon Insurance PJSC
- Exchange sectorFinance
- ISINAEO000101014
- Share price7.07 AED · 2026-10-13
- Market capitalisation3,265,436,048.00 AED
- Price to earnings7.6
- EPS (diluted, trailing year)0.93 AED
- Dividend yield3.54%
Financials of Oman Insurance Company
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 6.65B AED | 363.0M AED | |
| 2024 | 5.63B AED | 265.7M AED | |
| 2023 | 4.81B AED | 256.9M AED | |
| 2022 | 4.02B AED | 259.3M AED | |
| 2021 | 1.72B AED | 206.4M AED |
Detailed financial statements for Oman Insurance Company
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Investments & Acquisitions by Oman Insurance Company
Oman Insurance Company has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ASCANA.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Insurance brokerage services are provided in the UAE. | ascanatakaful.ae | Dubai, United Arab Emirates | 1978 | Dec 2022 | •••• |
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Timeline of Oman Insurance Company
3 dated milestones of Oman Insurance Company across 47 years, from founding to its latest funding, stage changes and deals.
- Founded Oman Insurance Company is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires ASCANA.
Competitors of Oman Insurance Company
Oman Insurance Company has 3 listed competitors in our database. They include ADNIC, NGI and Dubai Insurance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adnic.ae | 1972 | Abu Dhabi, United Arab Emirates | Insurance coverage is provided to clients in the UAE. | |||
| ngi.ae | 1980 | Dubai, United Arab Emirates | Insurance coverage is provided by NGI in the UAE region. | |||
| dubins.ae | 1970 | Abu Dhabi, United Arab Emirates | Operates as a diversified insurance company providing comprehensive risk protection solutions. |
Detailed competitors of Oman Insurance Company
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Web traffic of Oman Insurance Company
Websites that share an audience with Oman Insurance Company (sukoon.com).
Websites whose visitors overlap most with Oman Insurance Company. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| insurancemarket.ae | 89% | 193.3K | #205,144 | View details | |
| adnic.ae | 77% | 73.4K | #430,876 | View details | |
| yallacompare.com | 65% | 136.3K | #338,833 | View details | |
| damanhealth.ae | 57% | 349.9K | #106,020 | View details | |
| bayzat.com | 56% | 190.9K | #208,095 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Oman Insurance Company
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Frequently Asked Questions about Oman Insurance Company
Oman Insurance Company was founded in 1975.
Oman Insurance Company is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Sukoon Insurance PJSC is a leading insurer based in Dubai, UAE, offering motor, life, health, home, and travel insurance products. They operate through digital platforms for easy claims and services, serving individuals and businesses across the UAE and Oman. With a focus on customer satisfaction, they process claims efficiently and have over 1.36 million members, emphasizing financial stability and innovative solutions.
Oman Insurance Company's top competitors include ADNIC, NGI and Dubai Insurance.
Oman Insurance Company offers Motor Insurance, Life Insurance, Health Insurance, Home Insurance, and Travel Insurance.
Yes, Oman Insurance Company is publicly traded on DFM under the ticker symbol SUKOON.
Oman Insurance Company has made 1 acquisition, including ASCANA.
Oman Insurance Company operates through Sukoon Insurance Pjsc.