Al Ahlia Insurance wins ‘Oman Insurer of the Year’ award

Muscat: Al Ahlia Insurance, one of the leading insurance companies in Oman, received the ‘Oman Insurer of the Year’ award at MENA IR Awards 2021 for the 8th time. Previously, the company has won the title in 2011, 2012, 2014, 2015, 2018, 2019 and 2020.

The MENA IR Awards recognise and celebrate the ground-breaking achievements of insurers, reinsurers and brokers across the MENA region. The awards are judged by an independent panel of industry experts who evaluate the comprehensive performance of the organisation over the past 12 months.

This year’s awards ceremony was held online on 27th January and was attended by well-known industry leaders and senior officials.

Sheikh Khalid Al Khalili, Chairman – Al Ahlia, said, “Al Ahlia is proud to be the insurer of choice in Oman and this award validates the support that Al Ahlia has earned with its clients and customers. As Oman Insurer of the Year, Al Ahlia proudly serves the nation. Al Ahlia is leveraging its position to create In-country Value through local SME entrepreneurship opportunities for Omani nationals. The company has been appointing a number of Omani insurance agents that are SMEs which in turn is creating further jobs and sustainable value. I am certain that this award will further inspire the company and the staff to continue their excellent performance.”

Speaking on the achievement, Praveen Kumar, CEO, Al Ahlia Insurance said, “2020 has been a challenging year in many ways. Winning the ‘Oman Insurer of the Year’ in such exceptional circumstances is a testimony to the resilience demonstrated by the entire team at Al Ahlia and the positive attitude we have maintained and inspired in all our stakeholder relationships. We dedicate this award to all those in the service industry who have worked selflessly in the fight against the pandemic in Oman.”

As a leading insurer that believes in a customer-first approach, Al Ahlia took proactive action to keep employees safe and customers moving. As COVID-19 caught the world by surprise, Al Ahlia leveraged its established digital platforms to quickly move all the operations on to the digital ecosystem.

“We adapted quickly and continued to deliver best-in-class services, on-time support for customers and stand outperformance during these challenging times. The results have been impressive, and have given the company and the brand, a new sense of confidence and pride, and our people the inspiration to continue to be Oman’s preferred insurer,” Praveen added.

Agility, responsiveness, performance, innovation, impact and reputation were the pillars of the success of the company’s efforts in 2020.

Earlier, Al Ahlia won the ‘Best Performing Company’ award at AIWA Awards 2020, a recognition it has been winning continuously since the first year of its listing on the Muscat Securities Market following the successful IPO of the company in 2017.

“At Al Ahlia Insurance, we believe in excellence as a journey and continuous improvement. Our new belief ‘Together, we go further” is a manifestation of this commitment. We thank all our customers, partners and employees who constantly inspire us to do better,” Praveen said.