Omega Insurance Brokers

What Omega Insurance Brokers does

Omega Insurance Brokers LLC is a UAE-licensed insurance brokerage firm headquartered in Dubai with a branch office in Abu Dhabi, founded in 2003 and operating under UAE Insurance Authority Registration No. 162. The company does not underwrite risk; it acts as an intermediary that places client coverage with a network of 20+ insurance carriers across conventional and Takaful (Sharia-compliant) providers, including AIG, Zurich, Orient, New India Assurance, Emirates Insurance, Abu Dhabi National Insurance, Watania Takaful, and Takaful Emarat among others, and supports clients through policy servicing and claims handling.

The firm organizes its offering into three product pillars: Personal Insurance (motor, home, travel, medical, personal accident, yacht); Life Insurance (family protection, child education plan, wealth management, critical illness, keyman, retirement planning); and Business Insurance spanning property and asset, employee benefits (group medical, group life, group personal accidents, workmen compensation), liability and casualty (public, product, professional indemnity, medical malpractice, employer's liability), marine (cargo, hull, ship builder/repair, liability), and engineering (contractors all risk, erection all risk, contractors plant and machinery). Underlying technology is conventional: a website with quote-request forms, toll-free and office phone lines, email, social media channels, and a 3CX live chat integration for real-time customer engagement.

The revenue model is brokerage commission: Omega is paid by insurance carriers for placement and provides value-added advisory and claims services to clients at no incremental charge, with no publicly disclosed pricing tiers. Go-to-market is sales-led via direct office engagement in Dubai and Abu Dhabi, an inbound phone and online quote pipeline, and a content-marketing and Google-reviews presence. Customer mix spans individual consumers (primary segment) and corporate/business clients (primary segment), with a long-tenured base of 15,000+ clients served by a team of 150+ professionals structured into departmental specialties including Medical, Motor, Life Admin, Technical, and General Underwriting. The owner-operated firm has no external funding rounds, no parent company, and no disclosed acquisitions.

Name

Omega Insurance Brokers

Legal name

Omega Insurance Brokers LLC

Website

https://omegainsurance.ae

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

Omega Insurance Brokers LLC is a UAE-licensed insurance brokerage firm headquartered in Dubai with an Abu Dhabi branch, placing personal, life, and business insurance through 20+ carrier partners for 15,000+ individual and corporate clients across the UAE.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)

Keywords

• Insurance brokerage services
• Commercial insurance placement
• Personal lines insurance
• Group employee benefits
• Marine and engineering insurance

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Brokerage Commission: Omega Insurance Brokers earns brokerage commissions from insurance companies for placing business with them. All value-added services are provided without additional charge to customers. The company operates as an intermediary connecting clients with insurance providers.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Omega Insurance Brokers is an independent insurance brokerage intermediating between UAE clients and 20+ insurance carriers to place personal, life, and commercial insurance policies. The firm earns brokerage commissions from insurance companies for policies placed, offers claims support and ongoing policy servicing, and serves individual consumers, families, and corporate clients through offices in Dubai and Abu Dhabi.

Product overview

Omega Insurance Brokers is a licensed insurance broker (not an insurer) regulated by the Central Bank of the UAE, operating since 2003 with offices in Dubai and Abu Dhabi. The company offers a comprehensive portfolio of insurance brokerage services organized into three main categories: Personal Insurance (Motor, Home, Travel, Medical, Personal Accident, Yacht), Life Insurance (Family Protection, Child Education, Wealth Management, Critical Illness, Keyman, Retirement Planning), and Business Insurance covering Property & Asset (Property All Risks, Business All Risks, Business Interruption, Fire & Allied Perils, Motor Fleet), Employee Benefits (Group Medical, Group Life, Group Personal Accidents, Workmen Compensation), Liability & Casualty (Public Liability, Product Liability, Professional Indemnity, Medical Malpractice, Employer's Liability), Marine (Cargo, Hull, Ship Builder/Repair, Liability), and Engineering (Contractors All Risk, Erection All Risk, Contractors Plant & Machinery). The company acts as an intermediary between customers and insurance companies, earning brokerage from insurers rather than charging customers directly.

Differentiator

Problem solved

Functional benefit

Products and services

• Car Insurance Vehicle insurance coverage brokerage for cars in Dubai and across the UAE, offering comprehensive and third-party coverage options placed with partner insurers. Targeted at individual vehicle owners.
• Home Insurance Coverage for residential properties and personal belongings against damage, theft, and related risks, brokered through partner insurers. Targeted at homeowners and tenants in the UAE.
• Travel Insurance Insurance coverage for travel-related risks including trip cancellation, medical emergencies, and lost baggage. Targeted at UAE-based individual and family travellers.
• Medical Insurance Health insurance coverage for individuals and families in the UAE, including plans compliant with the DHA Essential Benefits Plan. Targeted at individual consumers and families seeking health coverage.
• Personal Accident Insurance Coverage for accidental death, disability, and medical expenses resulting from accidents. Targeted at individuals seeking supplementary accident protection.
• Yacht Insurance Specialized marine insurance coverage for yachts and leisure vessels. Targeted at UAE-based yacht owners and leisure marine enthusiasts.
• Family Protection Life insurance coverage designed to protect families during vulnerable times by providing financial security. Targeted at UAE families seeking income and dependent protection.
• Child Education Savings Plan Insurance-linked savings and investment plan focused on funding children's education expenses. Targeted at parents planning future education costs.
• Wealth Management Insurance-linked wealth accumulation and management solutions for long-term financial planning. Targeted at high-net-worth individuals and families seeking wealth preservation.
• Critical Illness Insurance Lump-sum payment coverage upon diagnosis of specified critical illnesses such as cancer, heart attack, or stroke. Targeted at individuals seeking protection against major health events.
• Keyman Insurance Business protection insurance covering loss of key employees due to death or critical illness. Targeted at UAE businesses seeking protection against loss of key personnel.
• Retirement Planning Long-term insurance solutions designed to provide income and protection during retirement years. Targeted at individuals planning for retirement income security.
• Property All Risks Insurance Comprehensive commercial property insurance covering all risks unless specifically excluded, for buildings and contents. Targeted at UAE commercial property owners and businesses.
• Business All Risks Insurance Coverage for unforeseen and sudden physical loss or damage to business assets and property. Targeted at UAE businesses seeking broad asset protection.
• Business Interruption Insurance Compensation for lost revenue, fixed operating costs, and additional expenses when business operations are disrupted due to covered incidents. Targeted at UAE businesses needing continuity coverage.
• Fire & Allied Perils Insurance Coverage for damage caused by fire, smoke, lightning strikes, explosions, and related perils. Targeted at UAE businesses insuring commercial properties against fire risks.
• Motor Fleet Insurance Commercial motor insurance for businesses with multiple vehicles under a single policy. Targeted at UAE businesses operating vehicle fleets.
• Group Medical Insurance Health insurance plans for employees offered by employers, available in Basic, Enhanced, and Comprehensive tiers. Targeted at UAE employers providing medical benefits to staff.
• Group Life Insurance Life insurance coverage for groups of employees under a single employer policy. Targeted at UAE employers providing group life benefits.
• Group Personal Accidents Insurance Accident coverage for groups of employees, providing benefits for accidental death, disability, and medical expenses. Targeted at UAE employers seeking group accident protection.
• Workmen Compensation Insurance Mandatory coverage for work-related injuries and occupational diseases affecting employees. Targeted at UAE employers required to provide statutory workmen compensation coverage.
• Public Liability Insurance Protection against claims from third parties for bodily injury or property damage arising from business activities. Targeted at UAE businesses interacting with the public on their premises or operations.
• Product Liability Insurance Coverage for claims arising from injury or damage caused by products manufactured, sold, or distributed by the business. Targeted at UAE manufacturers, distributors, and retailers.
• Professional Indemnity Insurance Errors and omissions coverage protecting professionals and businesses against claims arising from negligent advice or services. Targeted at UAE professionals, consultancies, and service firms.
• Medical Malpractice Insurance Professional liability coverage for healthcare providers against claims of negligence, misdiagnosis, or treatment errors. Targeted at UAE-based doctors, clinics, and healthcare facilities.
• Employer's Liability Insurance Coverage for claims from employees for work-related illnesses or injuries. Targeted at UAE employers seeking protection against employee liability claims.
• Marine Cargo Insurance Coverage for goods, merchandise, and cargo during transportation by sea, air, or land. Targeted at UAE importers, exporters, and logistics companies.
• Marine Hull Insurance Insurance for vessels and watercraft covering physical damage to the hull and machinery. Targeted at UAE vessel owners and marine operators.
• Contractors All Risk Insurance Comprehensive coverage for construction projects covering damage to works, materials, and third-party liabilities. Targeted at UAE contractors and construction companies.
• Erection All Risk Insurance Coverage for the installation and erection of machinery, equipment, and plant during construction. Targeted at UAE contractors handling equipment installation and plant erection.
• Contractors Plant & Machinery Insurance Comprehensive coverage for contractors' equipment and machinery operating across multiple project sites throughout the year, including coverage at rest, during operation, and storage. Targeted at UAE contractors operating heavy equipment and machinery fleets.

Quantifiable outcome

• Premium cost reduction for corporate clients without compromising coverage or service levels
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

19 partnerships are on record, tiered core.

• Orient InsurancecoreChannel Partner/ Reseller/ DistributorInsurance partner providing coverage options to Omega clients. Part of the network of financially strong and claims-friendly insurance partners.
• NGI (National General Insurance)coreChannel Partner/ Reseller/ DistributorInsurance partner in Omega's network of providers offering various insurance solutions to clients.
• New India AssurancecoreChannel Partner/ Reseller/ DistributorInsurance partner providing coverage options through Omega's brokerage services.
• Insurance HousecoreChannel Partner/ Reseller/ DistributorPart of Omega's insurance partner network serving UAE clients.
• AIG (American International Group)coreChannel Partner/ Reseller/ DistributorMajor international insurance partner offering comprehensive coverage through Omega's brokerage services.
• Abu Dhabi National InsurancecoreChannel Partner/ Reseller/ DistributorRegional insurance partner providing coverage options to Omega clients in Abu Dhabi and wider UAE.
• Zurich InsurancecoreChannel Partner/ Reseller/ DistributorInternational insurance partner in Omega's network offering global coverage solutions.
• Watania TakafulcoreChannel Partner/ Reseller/ DistributorTakaful (Islamic insurance) partner offering Sharia-compliant coverage options.
• Dubai National InsurancecoreChannel Partner/ Reseller/ DistributorRegional insurance provider in Omega's partner network.
• Alliance InsurancecoreChannel Partner/ Reseller/ DistributorInsurance partner providing coverage options through Omega's brokerage.
• Fidelity United InsurancecoreChannel Partner/ Reseller/ DistributorInsurance partner in Omega's network.
• Emirates InsurancecoreChannel Partner/ Reseller/ DistributorRegional insurance partner offering coverage solutions.
• GIG GulfcoreChannel Partner/ Reseller/ DistributorInsurance partner providing coverage through Omega's brokerage services.
• Qatar InsurancecoreChannel Partner/ Reseller/ DistributorRegional insurance partner in Omega's provider network.
• Oriental InsurancecoreChannel Partner/ Reseller/ DistributorInsurance partner offering coverage options to Omega clients.
• RAK InsurancecoreChannel Partner/ Reseller/ DistributorRegional insurance provider in Omega's partner network serving northern Emirates.
• Salama InsurancecoreChannel Partner/ Reseller/ DistributorInsurance partner offering coverage solutions.
• Takaful EmaratcoreChannel Partner/ Reseller/ DistributorSharia-compliant Takaful insurance partner.
• Sukkon InsurancecoreChannel Partner/ Reseller/ DistributorInsurance partner in Omega's network of providers.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Marsh UAE: Marsh (Marsh & McLennan) operates one of the largest insurance brokerage and risk advisory practices in the UAE, serving large corporates across property, casualty, marine, and employee benefits. Comparable to Omega as a multi-line broker placing business with major carriers, but at much larger enterprise scale and global capability.
• Aon UAE: Aon plc operates a major UAE presence offering commercial insurance brokerage, risk management, and human capital solutions. Overlaps with Omega on corporate property, casualty, marine, and employee benefits placement, but with broader global resources and analytics capabilities.
• Willis Towers Watson (WTW) UAE: WTW operates insurance brokerage and advisory services across the UAE, covering property, casualty, marine, and employee benefits for corporate clients. Comparable to Omega in product breadth but competes primarily for larger enterprise accounts with global service capabilities.
• Arthur J. Gallagher & Co. (UAE): Gallagher is a global insurance brokerage and risk management firm with operations in the Middle East, placing corporate and commercial insurance across multiple lines. Comparable to Omega on multi-line corporate brokerage but operates at significantly larger scale and with proprietary risk analytics tools.
• Lockton Middle East: Lockton operates one of the largest independent insurance brokerages globally, with growing Middle East presence serving corporate and commercial clients. Overlaps with Omega on specialty commercial lines (marine, engineering, professional indemnity) but at larger enterprise scale.
• Howden Middle East: Howden Group is a global independent insurance broker with expanding Middle East operations covering specialty and commercial lines. Comparable to Omega in broker-only positioning (no carrier ties) and multi-line offering, but with international reach and specialty expertise in marine and energy.
• Hub International: Hub International is a large North American-rooted insurance brokerage that has expanded into Middle East markets. Comparable to Omega as a multi-line commercial broker placing across property, casualty, and employee benefits, though typically serving larger accounts.

Direct peers

• GIG Gulf: GIG Gulf (formerly AXA Gulf) is a major regional insurance provider operating across the UAE and GCC, distributing both its own products and those of partner carriers. Comparable to Omega as a UAE-anchored, multi-line insurance intermediary with personal, motor, health, and commercial offerings, competing for similar retail and SME customers.
• InsuranceMarket.ae: InsuranceMarket.ae is a UAE-based insurance aggregator and broker operating in Dubai, placing personal and commercial lines with multiple carriers. Closest direct peer to Omega given UAE footprint, multi-carrier comparison model, and similar customer segments (individuals and SMEs).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/oibuae
• Facebookfacebook.com/oibuae
• LinkedInlinkedin.com/company/oibuae
• Instagraminstagram.com/oibuae

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Omega Insurance Brokers