Dubai Trade adds Oman Insurance to its online tradeshield platform

Press release
Published December 22nd, 2015 - 06:14 GMT

Al Bawaba
Al Bawaba

Dubai Trade has expanded its online marine and cargo insurance platform “Tradeshield” by adding Oman Insurance to offer its customers a fourth insurance service provider.

Dubai Trade customers can now search and select competitive rates from the Abu Dhabi National Insurance Company (ADNIC), RSA, Noor Takaful and Oman Insurance, while using ‘Rosoom’, the company’s secure e-payment gateway.

The move underlines Dubai Trade’s vision to facilitate seamless trade, allowing users to compare real time insurance quotes on multiple policies and complete end-to-end purchases.

Dubai Trade CEO Eng. Mahmood Al Bastaki said: “We are pleased to have Oman Insurance join our three other insurance providers. This assures our customers competitive rates and world-class insurance for worry-free shipments.

“We continually strive to make the Dubai Trade Portal a true trade facilitating platform, while contributing to increasing the UAE’s ease of doing business international ranking and reducing trade cost and time. Customer satisfaction and comfort is our priority and with this in mind, we launched the ‘Tradeshield’ platform to eliminate unnecessary paperwork and physical visits to our offices. Users can now compare multiple insurance policies, rates and terms in just few clicks, around the clock.” 

Oman Insurance Company CEO Christos Adamantiadis said: “Delivering on our renewed customer centric strategy, we are happy to go live on the online marine platform, ‘Tradeshield’, making our marine insurance solutions available on yet another convenient and technologically relevant platform.”

Dubai Trade’s future plans on this front include the launch of cover cargo or blanket cover insurance against loss or damage to all goods moved by a specific carrier or shipper during a given period of time. 

Background Information

Dubai Trade

Dubai Trade is the premier trade facilitation entity that offers integrated electronic services from various trade and logistics service providers in Dubai under a single window. It underlines Dubai's position as the ideal base for trading across borders with its unique geographical location, excellent infrastructure and seamless processes across the private sector and government agencies.

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