A lot of people visit the UAE from India as it is one of the biggest financial hubs across the world. We usually see a lot of tourists, working professionals, and students visit the UAE either for vacation or to step foot into a whole new venture in their lives. For these individuals, especially NRIs, insurance policies are extremely essential to provide a safety net against losses.
Insurance companies in Dubai or UAE as a whole have a similar insurance market as that of India, offering similar insurance plans and policies.
Some of the best insurance companies in the UAE are as follows-
- Oriental Insurance
- Daman Insurance
- Oman Insurance Company
- Axa Insurance Dubai
- Union Insurance
- NAS Insurance
- RSA Insurance
- RAK insurance
- Abu Dhabi National Insurance Company(ADNIC) Insurance
- Nextcare Insurance
- Afia Brokerage Services LLC
- Orient Insurance Dubai (UAE) PJSC
The Oriental Insurance Company Dubai was established in 1960, operating with over 31 regional offices. The company has assets over AED 16,000 million with a net profit of over AED 800 million. Oriental Insurance company offers policies for individuals, such as motor insurance, home insurance, and personal accident insurance, as well as corporates such as marine insurance, property insurance, health insurance, motor corporate insurance, etc. The company offers policies at some of the lowest premiums across the region.
Daman Insurance company is one of the leading health insurance companies across the UAE, having a customer base of over 2.6 million users. The company has a very strong network of over 3000 medical facilities, making it very accessible for people.
The company offers health insurance for individuals, families, domestic help, as well as small and large group businesses. The company also offers a subsidized insurance policy scheme for low-income households, making Daman Insurance Company one of the more affordable health insurance providers in UAE. Daman insurance company provides some of the best health insurance policies Dubai has to offer.
Oman Insurance Company-
Oman Insurance Company is a UAE based public sector insurance company, offering comprehensive plans for individuals as well as corporates.
For individuals, the plans offered are motor insurance, health and medical insurance, travel insurance, life insurance, and home insurance whereas, in the case of corporates, the policies offered are health insurance, life insurance, motor insurance, travel insurance, commercial insurance, and trade credit insurance. Oman Insurance company is one of the oldest and most reliable insurance companies in the UAE.
AXA Insurance Dubai-
AXA insurance is one of the biggest insurance companies in the UAE, with over 25 branches and retail shops across the Gulf, catering to over 1 million customers. AXA insurance offers various policies such as car insurance, travel insurance, home insurance, health insurance as well as Life Insurance. This insurance also provides fair and fast claims bundled with a wide range of covers. Insurance policies cater to domestic as well as international requirements. AXA insurance policies may not be as cheap as it’s competitors, but its wide range of inclusive insurance policies sure do make up for it.
Union Insurance is a UAE based insurance company with its headquarters in Dubai. The company offers various retail and commercial insurance products, catering to different demographics of users. The company offers motor insurance, health insurance, life insurance, travel insurance, home insurance, and yacht insurance for individuals and businesses, the company offers group life insurance, group health insurance, property insurance, marine insurance, engineering insurance, and liability insurance.
The company offers exceptional value for money and innovative products, with excellent customer relations and customer support services.
RSA Insurance Company-
RSA insurance company is one of the oldest insurance companies in the UAE, serving over 9 million clients since inception. RSA Insurance company offers various insurance policies such as motor insurance, travel insurance, home insurance, personal accident insurance, and even Golf insurance. The company has extremely good reviews for it’s best in class range of policies pertaining to car insurance Dubai has to offer. RSA Insurance is ranked one of the best Dubai insurance companies.
Ras Al Khaimah National Insurance Company (RAK Insurance)-
Ras Al Khaimah National Insurance Company (RAK Insurance) was established in 1974 and is one of the most renowned insurance service providers in UAE. RAK Insurance company offers a wide range of insurance policies such as motor insurance, home insurance, travel insurance, life insurance, and essential medical insurance for individuals as well as engineering insurance, group health insurance, marine insurance, essential medical insurance, fleet insurance, property insurance and cyber insurance for businesses. The insurance policies offered by the company can be accessed through their mobile app as well as their online portal.
Being one of the most renowned companies in UAE, the company is also very reliable and the customer service offered too is of top-notch quality.
Abu Dhabi National Insurance Company(ADNIC) Insurance
Abu Dhabi National Insurance Company is one of the largest insurance companies based out of Abu Dhabi. It is a public sector insurance company with a wide network of branches all over the country.
ADNIC offers various insurance-related services, such as motor insurance, medical insurance, home insurance, travel insurance, smart life insurance, personal accident insurance, personal watercraft insurance as wedding insurance for individuals. For corporates, a wide array of insurance policies are offered such as aviation insurance, construction and engineering insurance, energy insurance, financial lines, group medical insurance, group life insurance, corporate liability insurance, corporate liability insurance, marine insurance, motor fleet insurance, property insurance as well as corporate travel insurance. ADNIC insurance company offers insurance policies for almost anyone and everyone, making this company extremely inclusive for all.
Nextcare insurance company is one of the more recent insurance companies in the middle east, offering top-notch customer service and maximum cost optimization for their policies. The company has access to more than 13,000 providers regionally and has settled over 1 Billion claims under its management. Nextcare offers a comprehensive list of medical and health insurance-related services for individuals as well as on a family floater basis. Nextcare insurance company provides some of the best health insurance policies Dubai has to offer.
Afia Brokerage Services LLC-
AFIA Insurance Company is again one of the newer insurance companies, having a well-respected household brand in the UAE. The company has over AED 10 billion worth of policies issued every year with over 40,000 customers insured annually. The company issues insurance policies for individuals such as car insurance, travel insurance, home insurance, life insurance, medical insurance, bike insurance, as well as yacht insurance. For businesses, the company offers insurance policies for various assets, liabilities, employees as well as specialist practices. AFIA insurance is another company that ranks high in the Dubai insurance market.
Orient Insurance Dubai (UAE) PJSC-
Orient Insurance PJSC is one of the biggest household brands pertaining to insurance in the UAE, with over AED 500 million worth of paid-up capital. The company has a comprehensive product range of personal insurance policies as well as commercial insurance policies. The personal range of insurance policies covered are motor insurance, travel insurance, home insurance, medical insurance (individual and group), life insurance(individual and group), third party liability insurance, and a whole lot more.
In the commercial insurance space, the policies offered are property insurance, engineering insurance, general accident insurance, marine cargo insurance, liability insurance, energy insurance, aviation insurance as well as credit insurance. Having a very good reputation, one can easily rely on the company to purchase insurance for themselves.