News Middle East01 Oct 2026

GCC:Insurance companies sign bancassurance partnerships

| 01 Oct 2026

The Sukoon-Al Masraf bancassurance partnership was formalised at a signing ceremony, officiated by: (L-R) Mr Ahmad Yousuf, Chief Retail Banking Officer, Al Masraf; Mr Hammad Khan, Interim CEO, Sukoon Insurance; Mr Fuad Mohamed, CEO, Al Masraf; and Mr Ahmed Abushanab, CEO, Sukoon Takaful.


Sukoon Insurance, among the biggest insurers in the UAE, and its subsidiary Sukoon Takaful, have formed a strategic partnership with Arab Bank for Investment & Foreign Trade (also known as Al Masraf) to make protection solutions more accessible across the UAE.

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