Takaful Oman Insurance and Oman Arab Bank have officially signed a strategic partnership, setting the stage for seamless financial and insurance solutions, according to an announcement by the bank on its X account.
Separately, a press release posted on Zawya says that the collaboration, set to begin in the first quarter of 2025, aims to offer a variety of insurance products tailored to both individual and corporate clients. Oman Arab Bank customers can access Takaful Oman’s offerings through the bank’s network of branches and digital platforms, enhancing convenience for clients.
This partnership seeks to enhance customer access to integrated financial solutions by leveraging the strengths and expertise of both organisations.
Takaful Oman Insurance CEO, Mr Neelmani Bhardwaj, said, “We aim to provide Oman Arab Bank’s customers with products that align with their values while ensuring peace of mind and security for their families and businesses. Together, we aim to build a stronger, more inclusive financial ecosystem.”
Oman Arab Bank’s deputy head of retail banking, Mr Juma Al Fulaiti, said, “This partnership with Takaful Oman Insurance is a testament to our shared commitment to innovation, quality and customer centric services.”
Takaful Oman Insurance provides a wide range of insurance products, including crop, engineering, fire, health, liability, marine, motor and personal accident insurance, distributed through multiple channels.