Business & Money | Sunday 19 April, 2015 1:40 pm |

At a ceremony held in Dubai, Oman Insurance Company (OIC) was awarded Banker Middle East UAE Product Awards 2015 in the Best Business Insurance Product category, for its innovative ‘OIC Advantage’ corporate staff scheme.


The award, organized by CPI Financial, is established as the most prestigious recognition for financial institutions across the region. More than 80 entries were shortlisted across 55 categories for 383 products and services, which were then fiercely voted to conclude the winners.


By launching the ‘OIC Advantage’ program in the UAE, OIC is offering employees of every one of its corporate clients a special discount on personal motor insurance products. Julien Audrerie, SVP Customer Integration explained “This global staff scheme is a unique added benefit of OIC’s corporate offering. It requires no negotiation, no contract to be signed and it is free. Moreover, it is a great employee benefit for OIC’s clients.”


Commenting on the occasion, Patrick Choffel, Chief Executive Officer of Oman Insurance Company said “The ‘OIC Advantage’ is the first program of its kind to systematically cross-sell individual products to corporate clients’ employees.” He added “We are honored to receive the ‘Middle East UAE Product Awards’ for this innovation. We see the award as evidence of the industry’s confidence and endorsement of our success in offering valued propositions to our clients and foster long term partnerships.”