Dubai Trade now offers Oman Insurance on its online platform

Top Quote Oman Insurance has inked a new partnership agreement with Dubai Trade to provide comprehensive insurance coverage to marine cargo. End Quote
  • (1888PressRelease) August 27, 2015 - Oman Insurance Company (OIC) and Dubai Trade have inked a new partnership deal that makes it easier for traders to insure their cargo.

    Traders can now avail Oman Insurance Company 's innovative marine cargo covers through "Tradeshield", Dubai Trade's unique online insurance platform. The new agreement between the two business entities will pave the way towards comprehensive insurance protection from OIC for transportation of goods to their final destination. With the online portal traders can forgo lengthy export procedures. It allows them to review insurance quotes, make payments and receive the policy - all at the click of a button.

    Dubai Trade's online insurance portal, Tradeshield, has been created to address the surge in cargo insurance enquiries and to streamline the complex insurance process that is mandatory for trade and supply chain service providers in the UAE. The online platform gives traders easy and simple access to a wide range of insurance covers from most of the leading insurance companies in the area.

    Eng. Mahmood Al Bastaki, CEO of Dubai Trade explains the advantages of the new gateway, "The Tradeshield platform has offered customers in Dubai a diverse range of insurance products. With the addition of leading insurance providers like Oman Insurance, the platform will strengthen and continue its role as a cross-border facilitator. We are committed to the growth of trade and economy through our various online products, flawless trade services and novel processes."

    Online platforms such as Tradeshield are the best answer to UAE economic growth and plays vital part in defining it as a major export hub. Patrick Choffel, CEO at Oman Insurance Company comments on the new affiliation, "Dubai Trade has to be congratulated on introducing Tradeshield and we are very proud to be associated with them. Together we are working towards increasing the value and reputation of the online insurance platform through our years of experience in the field. This move is right on line with our internal strategy to support regional expert through innovative and attractive insurance packages such as the SME package, Trade Credit insurance or online cargo insurance."

    About Oman Insurance Company
    Oman Insurance Company (P.S.C.) is one of the leading insurance providers in the UAE, with a business experience that spans 40 years. It was founded in 1975 and has branches all across the MENA region, including UAE, Sultanate of Oman, Qatar and Turkey. OIC also operates under the name of "Support Management Services" in Iraq, providing third-party administrative services.

    OIC has diverse portfolio of services under its insurance portfolio, including Life, Medical, Auto, Travel and General Insurance. It has been rated 'A- Positive Outlook' by Standard & Poor's and 'A Excellent' by AM Best and had a gross written premium amount of AED 3.25 billon in 2014.

    If you would like to know more about Oman Insurance, please visit

    About Dubai Trade
    Dubai Trade is a premier business entity that promotes trade in the UAE by offering integrated electronic services from a wide range of trade and logistics providers in Dubai on a single platform. It works towards establishing Dubai's position as the best trading base across borders. It highlights the advantages of Dubai with its unique geographical location, outstanding infrastructure and smooth processing across the private and government sectors. Dubai Trade Portal (

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