About National Life And General Insurance Company Barka
National Life And General Insurance Company Barka SAOG (NLGIC) is an auxiliary of Oman International Development and Investment Company SAOG .
NLGIC is enrolled with the Ministry of Commerce and Industry (MOCI), Oman, as a Public Joint Stock Company according to The Commercial Companies Law 1974. Further NLG IC is authorized to do Life and General Insurance business under The Insurance Companies Law.
National Life And General Insurance Company Barka is the First and the Largest Composite Insurance Company in Oman (No.1 by Gross Written Premium). A significant wellbeing safety net provider with huge piece of the pie.
Solid organization of branches and go-between specialists and offices with around 200 consolidated touch point for strategy deals and adjusting in Oman.
Committed, proficient workers, all around prepared in the protection area.
Territorial presence in UAE(Dubai, Abu Dhabi) and Kuwait.
Won different honors and honors for Business, Quality like The Bizz Awards, Best Life Insurance Company by World Finance, Finance Awards 2015 to give some examples.
Bancassurance tie up with driving bank in Oman to offer Insurance to their clients.
Solid Tie up with Worlds driving Reinsurers.
Exceptional with most recent advances and frameworks.
Monetary Strength and Quality
All out Assets of RO 188 Million.
Great (B++) monetary strength rating from A.M Best Co.
Solid Tie up with Worlds driving Reinsurers.
With a Good (B++) monetary strength rating from A.M Best Co., National Life and General Insurance Company Barka has been giving monetary security and significant serenity to its fulfilled clients with a far reaching scope of Life and General Insurance Products. A.M Best’s Financial Strength Rating is a free assessment of a guarantor’s monetary strength and capacity to meet its continuous protection strategy and agreement commitments. The rating depends on a far reaching quantitative and subjective assessment of an organization’s asset report strength, working execution and business profile. B++ Good Rating is allocated to organizations that have, in A.M Best’s assessment, a decent capacity to meet their progressing protection commitments.
Its capacity to zero in on nearby necessities and convey arrangements proper to this need has today made National Life And General Insurance Company Barka NLG IC the Sultanate’s market chief in the Life Insurance Industry and is additionally setting its norms in General Insurance Industry.
Our Core Strength
We are the lone organization that has grounded, prepared staff strength of in excess of 300 Members devoted to Insurance business.
Our experience has given us ability, which is reflected in the nature of the administration we give to our clients. It is this responsibility that has given us an initiative status in the commercial center today.
Specialists in their own fields oversee various offices needed to run the Life and General Insurance business proficiently.
National Life And General Insurance Company Barka NLGIC is a market chief in its field of specialization. Items have been seriously explored to furnish clients with life and Non-life confirmation arrangements that take into account their requirements.
Today “National Life And General Insurance Company Barka – NLGIC” is a very much perceived brand in Oman and gives protection assurance to almost 200,000 people.
With its wide client base and solid remaining on the lookout, the name – National Life and General Insurance Company has gotten inseparable from Insurance.
Our fulfilled clients have additionally advanced our essence on the lookout.
A resource base of 188 Million Omani Riyals, offers dependability to the organization and confirmation to the market as a rule.
We are Leading guarantor in Oman with critical piece of the overall industry.
We intend to set comparative guidelines in the General Insurance Industry.
We are having a solid branch network with 21 branches in Oman, 2 branches in UAE and 1 branch in Kuwait.
Our market administration in the Sultanate has created a mind-boggling reaction from different parts in the GCC area for tie-ups, affiliations and organizations.
We have just settled our branch activities in Dubai and Abu Dhabi, obliging the disaster protection market of UAE.
We have plans to extend to other GCC nations to offer our skill and experience to the whole Gulf area and become a significant player there as well.
To cause our clients to feel ensured.
To reliably furnish the correct protection arrangements with extraordinary client support.
To help get ready and backing individuals for the sudden occasions throughout everyday life.
Our Organization Values
We work to assemble trust with our partners by keeping up our uprightness and capacity to the best expectations.
We put our clients at the core of all that we do.
We empower transparency, common trust and cooperation all through the worth chain.
We will discover new ways and model of business to make an incentive for every one of our partners.