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Abu Dhabi: Since its inception in 1995, National Life and General Insurance Company (NLGIC) has grown manifold and today is one of the leading insurance companies in Oman.
NLGIC established its presence in Dubai in 2008 and later on it expanded its operation in Abu Dhabi in the year 2015 as part of their regional expansion strategy. Company got huge response for its products & services and has not looked back since. In short span of time, NLGIC became household name for its Medical & Life insurance solutions. Recently NLGIC’s business has grown over AED 1 billion making it one of the trusted insurers for corporates and individuals in the Oman & UAE.
Mr. S Venkatachalam, CEO, NLGIC
Mr. S. Venkatachalam, CEO of NLGIC said, “When we set up NLGIC in the UAE, our aim was not only offering right products and services but also building awareness on insurance and its benefits. Today, on behalf of my team, I can say we were able to make an impressive mark in the UAE’s insurance business. Our life and medical insurance services are one of the most sought after products for both corporate and individual needs and coupled together with world class customer’s services, we have strong base of satisfied customers”.
He further added, “Our main focus is to broaden and deepen our presence across the wider region, which comes on the back of NLGIC’s phenomenal growth in the past few years. Testament to our continued expansion and ambitions for further growth is the recent record achievement of AED 1 billion gross direct premium , making NLGIC one among the prominent insurance company in the Oman & UAE. It reflects the trust customers have on company, the strength of our products, distribution network and service quality.”
Introducing Dubai to superior quality medical insurance in 2011, which was then offered in Abu Dhabi, NLGIC has a wide variety of tailor made products for Group life & Group medical insurance. One of their biggest differentiator is the services they provide.
Talking about customer service, Mr. Venkatachalam added, “As committed insurance partners to our customers, it is our constant endeavor to offer them best in class insurance products & services”. We are very particular about customer service and satisfaction. We make sure the processes are hassle free and fast. We provide the superior quality service and make sure the turn-around time is reduced to the minimum.”
As of today, NLGIC has become one of the major providers of medical and Life insurance in UAE with their consumer base growing multifold.
Headquartered in Muscat, Oman, NLGIC has recently achieved RO 100 million milestone making it the preferred insurer in the country. With a stable financial rating of Good (B++) financial strength rating from A.M Best Co, and strong tie-ups with the world’s leading reinsurers, NLGIC is the market leader in Oman. Given the range of its product portfolio, impeccable service standards and brand value, it is hardly surprising that NLGIC has continued to strengthen its leadership position in the Sultanate’s insurance market year after year and is well on its way to becoming the leader in the UAE region as well.
For Further information contact:
Sharon Fernz
One –Source FZE
Mobile: +971501059738
sharonfernz@one-sourcefze.com
© Press Release 2017
