AIG Opens 4 New Branches in Oman

American global group announced the outlet of four new branches in the Sultanate of Oman. they're to be located in Nizwa, Ibri, Salalah and Sur, and “will allow AIG to further expand its commercial enterprise in the Sultanate where it's been lively for the past 14 years,” stated the declaration.

AIG introduced that its “middle recognition in Oman may be to expand its existing patron base and grow its market percentage, through the advent of recent products and services across each its retail and company segments. A further detail of AIG’s growth approach in the Sultanate could be the development of its business thru Bancassurance, building on its successful partnership with financial institution Muscat.

AIG also said that “in keeping with its sturdy dedication to develop local expertise,” it'd “in addition spend money on a brand new schooling academy and will introduce international-class gaining knowledge of and development schooling programs for its nearby workforce and distribution partners in Oman. the brand new training academy could be based in Muscat and will play an essential role in developing the overall Omani coverage sector and in addition enhancing customer support.

“AIG will also growth its own Omanization rate, that is already at eighty five in step with cent in opposition to a demand of 65 in keeping with cent for the coverage quarter. The schooling academy will assist nearby Omani personnel higher navigate their role within AIG via giving them the considered necessary skills and abilties to broaden and development their careers.”

on the formal commencing of its branch in Nizwa, Ahmed Ali Al Mamari, Director general of coverage Supervision at the Capital market Authority, commented: “the hole of these new full carrier branches is a mirrored image of AIG’s commitment to build insurance focus and enhance the picture of insurance inside the interior regions of Oman. commencing such branches will enhance the opposition amongst coverage organizations to increase the level of insurance coverage and quality of carrier provided to their clients. furthermore, opening branches outside the capital vicinity will assist insurance agencies’ clients to get extra handy declare services.”