23 March 2015
Oman Insurance Company's innovative marine cargo covers will soon be available on Dubai Trade's unique online insurance platform "Tradeshield" following the signing of a new partnership agreement between the two entities.

Oman Insurance Company's innovative marine cargo covers will soon be available on Dubai Trade's unique online insurance platform "Tradeshield" following the signing of a new partnership agreement between the two entities. With unparalled marine industry expertise, OIC offers comprehensive insurance protection for the transport of goods to their final destination. Simplifying an essential component of lengthy export procedures, traders can now click their way through Tradeshield's online insurance quotes, payment, and policy issuance.

Addressing the surge in cargo insurance queries, Tradeshield's online insurance service streamlines the otherwise complicated insurance process for trade and logistics service providers in the UAE. The platform essentially presents the trading community with online access to a wide range of cargo insurance solutions from leading providers in the region, all in a single, easy to access forum.

Expressing his confidence in Dubai's latest online gateway, Eng. Mahmood Al Bastaki, CEO of Dubai Trade states: "Having a national leader like Oman Insurance on-board with Tradeshield platform reiterates our success in offering our customers a diverse range of insurance solutions. Dubai Trade as the premier cross-border trade facilitator is committed to the growth of business and the economy through our various online products, seamless trade services and innovative processes."

Tradeshield is perfectly suited to the UAE's rapidly emerging economy and its reputation as a thriving export hub. Commenting on this new affiliation Patrick Choffel, CEO at Oman Insurance Company says, "We commend Dubai Trade on introducing Tradeshield to the UAE market and we are proud to sign an agreement with them to further increase the value proposition of this unique online insurance platform. This move certainly underpins our strategy to support the intensifying regional export business by offering unique products like SME package, Trade Credit insurance, or online cargo insurance."

About Oman Insurance Company
Oman Insurance Company (P.S.C.) (OIC) was established in 1975 and is one of the leading insurance providers in the Middle East. OIC has operations across Emirates in the UAE as well as in Oman, Qatar and a subsidiary in Turkey. OIC also owns a medical third-party administrator in Iraq operating under the name of "Support Management Services".

OIC provides a wide range of insurance solutions for individuals and enterprises in Life, Medical and General insurance. With a gross written premium of AED 3.25 billion in 2014, OIC is rated 'A Excellent' by AM Best and 'A- Positive Outlook' by Standard & Poor's.

Additional information about Oman Insurance Company can be found at www.tameen.ae.

About Dubai Trade
Dubai Trade is the premier trade facilitation entity that offers integrated electronic services from various trade and logistics service providers in Dubai under a single window. It underlines Dubai's position as the ideal base for trading across borders with its unique geographical location, excellent infrastructure and seamless processes across the private sector and government agencies. Dubai Trade Portal (www.dubaitrade.ae) offers a remarkably seamless business flow and has proven to be cost effective for clients using it as the single window which integrates the online services of DP World, Economic Zones World, and Dubai Customs.

For more information please contact:
Celia Almeida
Marketing Manager
Oman Insurance Company
Tel: +971 4 233 7970
Email: media@tameen.ae

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

Maryam A. Mohamed
Media & Advertising Officer
Dubai Trade
Direct : +971 4 433 9363
Mobile: +971 56 676 6929
Email  : maryam.mohamed@dubaitrade.ae

© Press Release 2015