Sukoon Insurance
Licensed as a Fund Administrator
Key Shareholders
Sukoon Insurance (formerly Oman Insurance Company, rebranded in October 2022) is a publicly listed UAE insurance company. It has a highly concentrated ownership structure dominated by Mashreq Bank, which is controlled by the Al Ghurair family.
Key Business Highlights
Sukoon Insurance PJSC (“Sukoon”) has announced that it has officially received its mainland fund administrator license from the Capital Market Authority (CMA), establishing Sukoon Workplace Savings Solutions Fund Administrator LLC (SWSSFA) in the United Arab Emirates (UAE).
Experience/Expertise
One of UAE's leading insurance companies, founded over 50 years ago. Already experienced in workplace saving schemes, as Sukoon operates "Go-Saver", one of the two licensed schemes in the DIFC.
Brand Strength
One of the top insurance brands in the UAE
