The recently concluded MENA Insurance Awards 2015 saw Takaful Oman Insurance, the sultanate’s first full-fledged Islamic insurance (takaful) provider, being bestowed with top honours in two categories.

Within a short span of time since its inception, Takaful Oman has played a commendable role in the sultanate’s Sharia’a-based insurance industry by introducing new products as well as a whole new way of delivering exceptional customer service.

Takaful Oman bagged the top honours in the ‘Newcomer’ and ‘Market Trailblazer’ categories, which are both awarded regionally. The awards are given to service providers that have demonstrated exceptional customer service and innovative product development.

The 2015 winners were announced on January 28 at an awards ceremony held in Dubai. Attendees included many of the regional insurance heavyweights, as the awards are amongst the most prestigious accolades in the region’s insurance industry. The awards were judged by a panel of experts carefully chosen for their wealth of experience and expertise, as well as their absence of conflicts of interest. Each entry was strictly scrutinised to arrive at the deserving winner, a press release said.

On the occasion Sheikh Rashid al Saadi, chairman of Takaful Oman Insurance, said, “We are delighted to have won these accolades. As a part of the well-knit team that put in years of hard work to launch Takaful Oman Insurance as a brand, I really feel privileged to have received these awards. It goes to show our strength as a highly focused team which can do wonders in the future for our customers across Oman.”

Sayyida Rawan Ahmed al Said, CEO and managing director of Takaful Oman Insurance, said, “It is indeed an honour to be able to win two regional awards within such a short span of time since our inception. It reflects our commitment towards serving our customers and giving them only the very best. These accolades will definitely go a long way in motivating us to push the envelope further. I would like to wholeheartedly thank our customers who have placed their immense faith and trust in us as a company.”

O G Ravishankar, CFO and GM of Takaful Oman, said, “The annual MENA Insurance Awards recognise and reward MENA- based insurers, reinsurers and brokers. For us it couldn’t come at a better time as we are moving ahead with our plans to establish our presence across the sultanate. These awards will indeed boost our reputation and stature as a customer-oriented service provider.”