MIC was founded 18 years ago by His Excellency Dr.Omar bin Abdul Muniem Zawawi public share holding. Although it has made slow progress in the nineties, the company has shown in 2000, a phenomenal growth in the new century.
In 1999 the company was restructured to become a national investment Muscat Holding Company SAOG listed on the Muscat Securities Market and two subsidiary companies owned 100% as Muscat Insurance SAOC (MIC) which markets all types of general insurance, insurance Life Muscat SAOC (MLAC) which markets life and health insurance products.
And it is committed to the total number of the workforce and more than 60 company Omanisation, currently at the level of Omanisation is above 65%. The company has six locations in the main office in Al Khuwair, and branches in Salalah, Sohar and Al wading, Nizwa, the Central Business District. New sites are added to the current network.
Our direct marketing team is able to give sound advice to our clients as well as to remain competitive. Our main focus is not to be the largest in terms of market share, but to improve quality at all times, and to be the "best" in Amman.
We have a strong re-insurance to protect us and our customers treaty led program "A +" rating (S & P) and the European reinsurance company. Approved by 95% of the reinsurance programs by our re-leader in the field of 'A' or higher rating from international rating agencies and insurance companies.
We take pride in providing our customers with excellent security both on the treaties we have and the optional positions. We have a committee review of the senior management accounts to check all potential partners reinsurance, and we believe that a rigorous selection our approach adds value to our customers.
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