New business agreement between Oman Insurance Company and GlobeMed Gulf Healthcare Solutions

Top Quote Oman Insurance Company appoints GlobeMed Gulf as its Third Party Administrator (TPA) in UAE. End Quote
  • (1888PressRelease) July 21, 2015 - Dubai : GlobeMed Gulf HealthCare Solutions (GlobeMed Gulf), which is part of the GlobeMed group of companies, has added Oman Insurance Company (OIC) to its list of clients. GlobeMed Gulf will now serve as a Third Party Administrator (TPA) to OIC in its health and medical insurance segment. This step has been taken in order to streamline OIC's health insurance services and boost customer service and is a testament to GlobeMed Gulf's innovative benefits management systems and client service scheme. Both companies expect to benefit from the strengths and experiences that each can bring to the table.

    OIC is the largest insurance company in the UAE, providing a varied range of insurance related services and holds a leading position in the health and medical insurance sector. OIC is spread out all across the MENA region with multiple branches in UAE, Sultanate of Oman, Qatar and Turkey. This agreement between the two companies has paved the way towards better customer care and health security for clients. GlobeMed Gulf, as a client-driven company, and OIC, as the largest health insurer in the UAE, can now strengthen their position in the field of medical and health insurance by working together.

    About Oman Insurance Company
    Oman Insurance Company (P.S.C.) is one of the leading insurance companies in the UAE, with a history spanning 40 years. It was established in 1975 and has branches in many countries in 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 varied portfolio of services under its insurance umbrella, 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 possessed 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 GlobeMed Gulf
    GlobeMed Gulf is a leader in healthcare benefits management ever since it was founded in 1991. It was one of the first to introduce the third party administrator (TPA) scheme in the MENA region. Within a short time, the company has expanded its franchisees and services to over 14 countries with a core strength of 1000 skilled and experienced professionals on its team. It is the trusted TPA for more than 80 insurance companies, social security funds, mutual societies and self-funded schemes, managing over 5.5 million lives. With 20,000 providers in MENA and 500,000 worldwide providers, the company offers its insured members access to the best in healthcare wherever they are. In the MENA region, GlobeMed Gulf operates the innovative Automated Cross-Border Service that will enhance patient experience and improve client satisfaction.

    If you would like to know more, please contact:
    Elie Tohme
    General Manager
    GlobeMed Gulf
    Tel: +971 4 509 8333
    Email: estohme ( @ ) globemedgulf dot com

    Julien Audrerie
    SVP Customer Integration
    Oman Insurance Company
    Tel: +971 4 233 7539
    Email: media ( @ ) tameen dot ae

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