Sequel, the leading insurance and reinsurance software specialist, has today announced that Oman Insurance Company has joined their growing portfolio of clients in the Middle East market. Oman Insurance Company (PSC), or OIC, is one of the leading insurance solutions providers in the Middle East, headquartered in Dubai, UAE. OIC has 15 branches and a strong presence in every Emirate in the UAE, the Sultanate of Oman and Qatar. The insurer underwrites all types of risks in General, Life and Health Insurance as well as writing business in the Energy, Marine and Construction sectors.
Oman Insurance Company has chosen to deploy Sequel Impact, Sequel’s risk exposure and aggregation tool in order to monitor and control its energy exposures and to enhance accurate reporting of data via lead reinsurance broker, Capsicum Re.
Rob Stavrou, Sales & Marketing Director at Sequel, said:
“Sequel’s international client base continues to expand, and we’re delighted to be working with Oman Insurance Company as our second client in the Middle East. The Middle Eastern market is a key hub for speciality insurance and we’re confident that Oman Insurance Company will be able to grow its presence in the marketplace using Sequel Impact.”
Sourav Dey from Oman Insurance Company comments:
“Sequel was the natural choice for us given the company’s domain expertise, experience in our market and strong technology offering. Sequel clearly understands and values our business and we look forward to developing our relationship with Sequel going forward.”