About Us

Building A Better Life with NLG, Your Trusted Insurance Partner

Who We Are?
  • First and the Largest Composite Insurance Company in Oman (No.1 by Gross Written Premium). A major health insurer with large market share.
  • Strong network of branches and intermediary brokers and agencies with around 190+ combined touch point for policy sales and servicing in Oman.
  • Dedicated, professional employees, well trained in the insurance domain.
  • Regional presence in UAE(Dubai, Abu Dhabi) and Kuwait.
  • Won various awards and accolades for Business, Quality like The Bizz Awards, Best Life Insurance Company by World Finance, Finance Awards 2015 to name a few.
  • Bancassurance tie up with leading bank in Oman to offer Insurance to their customers.
  • Strong Tie up with Worlds leading Reinsurers.
  • Well equipped with latest technologies and systems.

Financial Strength & Quality

  • Total Assets of RO 188 Million.
  • Good (B++) financial strength rating from A.M Best Co.
  • Strong Tie up with Worlds leading Reinsurers.

 

With a Good (B++) financial strength rating from A.M Best Co., National Life & General Insurance Company has been providing financial security and peace of mind to its satisfied customers with a comprehensive range of Life & General Insurance Products. A.M Best’s Financial Strength Rating is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. The rating is based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance and business profile. B++ Good Rating is assigned to companies that have, in A.M Best’s opinion, a good ability to meet their ongoing insurance obligations.

Its ability to focus on local needs and deliver solutions appropriate to this need has today made NLGIC the Sultanate’s market leader in the Life Insurance Industry and is also setting its standards in General Insurance Industry.

Our Core Strength

  • We are the only company that has well established, trained staff strength of more than 500 Members dedicated to Insurance business.
  • Our experience has given us expertise, which is reflected in the quality of the service we provide to our customers. It is this commitment that has given us a leadership status in the market place today.
  • Experts in their own fields manage different departments required to run the Life & General Insurance business efficiently.
  • NLGIC is a market leader in its field of specialization. Products have been intensively researched to provide customers with life & Non-life assurance policies that cater to their needs.
  • Today “NLGIC” is a well recognized brand in Oman and provides insurance protection to nearly two hundred thousand individuals.
  • With its wide customer base and strong standing in the market, the name – National Life & General Insurance Company has become synonymous with Insurance.
  • Our satisfied customers have further promoted our presence in the market.
  • An asset base of 188 Million Omani Riyals, gives stability to the company and assurance to the market in general.
  • We are Leading insurer in Oman with significant market share.
  • We aim to set similar standards in the General Insurance Industry.
  • We are having a strong branch network with 24 branches in Oman, 2 branches in UAE and 1 branch in Kuwait.
  • Our market leadership in the Sultanate has generated an overwhelming response from other players in the GCC region for tie-ups, associations and partnerships.
  • We have already established our branch operations in Dubai & Abu Dhabi, catering to the life insurance market of UAE.
  • We have plans to expand to other GCC countries to offer our expertise and experience to the entire Gulf region and become a major player there too.

Company Parentage

National Life & General Insurance Company SAOG (NLGIC) is a subsidiary of Oman International Development and Investment Company SAOG (www.ominvest.net).

NLGIC is registered with the Ministry of Commerce and Industry (MOCI), Oman, as a Public Joint Stock Company as per The Commercial Companies Law 1974. Further NLGIC is licensed to do Life and General Insurance business under The Insurance Companies Law.

About Us

About Us

Our Vision

To make our customers feel protected.

About Us

Our Mission

To consistently provide the right insurance solutions with exceptional customer service.

About Us

Our Purpose

To help prepare and support people for the unexpected events in life.

Our Organisation Values

About Us
Trust

We work to build trust with our stakeholders by maintaining our integrity and capability to the highest standards.

About Us
Customer Centricity

We put our customers at the heart of everything we do.

About Us
Collaborate

We encourage openness, mutual trust and teamwork throughout the value chain.

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Innovate

We shall find new ways and model of business to create value for all our stakeholders.

Our Strength

Core Operational Strength

Market Leader in health insurance in Oman with a market share of over 65%.

Wide network of 190 Sales/Service touch points.

Dedicated and professional employees.

Increasing regional presence – Abu Dhabi, Dubai and Kuwait.

Bancassurance Tie-ups with leading Bank.

Strong Re-insurers support.

State of the Art Technology for Business Operations.

About UsWide Network Coverage

About UsLarge Customer Base

About UsBest Underwriting / Claims Practice

About UsStrong Asset Base

About UsFinancial Rating

About UsAwards & Accolades

Financial Strength & Quality

Strong assets base.

B++(Good) Financial Strength Rating by A.M.Best Company.

Won various awards and accolades for Business and Quality.

About Us   Subsidiary of OMINVEST

About Us30+ Years of Consistent Performance

About UsLargest Investment Company

Strong Parentage

NLGIC is a subsidiary of Oman International Development and Investment Company SAOG (OMINVEST).

OMINVEST established in 1983, It is one of the oldest and largest investment company in the Middle East.

OMINVEST has more than 30 years of successful business operations in the region.

Strategic Outlook

Continue to work towards being a leader in medical insurance in GCC.

Obtain participating insurer license in UAE.

Acquired in-house claims processing through acquisition of a TPA in UAE.

Expand across GCC and other potential countries through branch network or associate business models.

About UsBusiness Growth in Existing Markets

About UsCost Effective Solutions

About UsGCC and Other Potential Countries