Home/United Arab Emirates/Sukoon Insurance (formerly Oman Insurance)

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Sukoon Insurance (formerly Oman Insurance)

سكون للتأمين

75Score

★★★★☆4.0

Customer satisfaction · 1.4M members

Moody's: A2 (Stable)(2025)

Sukoon Insurance (formerly Oman Insurance) is the exclusive UAE partner for Bupa Global international health plans. With 43+ years of experience, a Moody's A2 rating, and 3,500+ network facilities, it offers comprehensive coverage from basic to international.

Overall Score

75/100

Founded

1975

Headquarters

Dubai

Type

private

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Key Metrics

Dha Category

DHA-compliant plans + Bupa Global international

Network Tier

3,500+ network facilities

Bupa Partnership

Exclusive Bupa Global partner in UAE (since 2003)

Ownership

Majority owned by Mashreq Bank

Editorial Ratings

Moody's: A2 (Stable)(2025)

Rating: A2 IFSR (stable outlook) (max: Aaa)

75Moody's

Coverage Highlights

✓Exclusive UAE partner for Bupa Global international health plans
✓43+ years of experience in UAE insurance market
✓Partnership with Bupa since 2003
✓Comprehensive product range (health, life, motor, general)
✓3,500+ network facilities

Pros

✓Exclusive Bupa Global partner in UAE
✓Strong financial strength rating (Moody's A2)
✓Long track record (since 1975)
✓Comprehensive coverage options from basic to international

Cons

✗Rebranding (2022) may cause some brand confusion
✗Premium pricing for Bupa Global plans
✗Claims process can be slower for international plans

Frequently Asked Questions

Is Sukoon Insurance the same as Oman Insurance?

Yes. Oman Insurance Company was rebranded to Sukoon Insurance in October 2022. It is the same company with the same products and 43+ years of heritage.

What is Sukoon's relationship with Bupa?

Sukoon is the exclusive UAE partner for Bupa Global international health plans, a partnership that has been in place since 2003.

What is Sukoon's financial strength rating?

Sukoon holds a Moody's A2 Insurance Financial Strength Rating with a stable outlook, placing it among the top-rated insurers in the UAE.

Quick Summary

InsurerSukoon Insurance (formerly Oman Insurance)

Country🇦🇪 United Arab Emirates

Overall Score75/100

Satisfaction4.0/5

Members1.4M

Typeprivate

Founded1975

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