Orient Insurance Company commenced operations in 1982 as a part of the reputed Al-Futtaim Group and has since recorded a progressively steady growth. The company recorded the highest net profit among the local insurance companies in the UAE for two years in a row, 2010 and 2011 . The Company is counted among the leaders in the UAE insurance market. Orient Insurance Company has a paid-up capital of Dhs. 405,000,000 which is significantly higher than most of the players in the market.
Orient Life, offers comprehensive life assurance plans with a variety of income and death benefits that are tailored to help consumers meet their financial and insurance needs. The new products range from basic term life plans that cover risks, conventional plans like endowment, anticipated endowment, educational plans to unit linked investment and retirement plans.
Omer Elamin, President, Orient Group says: “We understand that customers are looking for life insurance solutions from a trusted source. We appreciate the loyalty of our customers and our goal is to provide them with comprehensive insurance solutions that meet every budget. At Orient Insurance Company we are committed to expanding our product suite and expanding our customer base while providing exceptional levels of service. Our new life insurance products offer flexible payment options, allow customers to choose currency options and add supplementary benefits among a wide range of other benefits."
Our products offer customers many benefits including worldwide coverage for GCC residents, flexible payment options, possibility to choose the currency of your choice (USD or AED), possibility to protect your plan from inflation by indexation and variable term options to choose from until the age of 70 years.
The Company's core strengths lie in its strong financial base, highly qualified and customer friendly workforce, in-depth knowledge of the local insurance market and a diversified product range complimented by a strong panel of top ranking European Reinsurers.
With such a wide array of life insurance solutions, we are confident we will continue to offer something for everyone and the ultimate winner will be the policyholder and their dependents.
Orient Insurance Company has secured two ratings ‘A Excellent’ by A M Best and ‘A’ by Standard & Poor’s. These rating are not only the highest in the UAE insurance market but we are the only company in the Middle East that carries such a high combined rating.