Business insurance · Oman · Head-to-head
Liva Insurance (Oman) vs Oman United Insurance (OUIC)
Two Oman business insurance options, compared side by side for Oman trades.
Which should you choose?
Liva Insurance (Oman) and Oman United Insurance (OUIC) are both Tier A, which every business insurance entry without a reputation warning receives, so the tier does not separate them. Weigh the pros, cons, pricing and Oman-specific notes below against your trade and region.
Liva Insurance (Oman)
Tier A · ListedOmani insurer formed from NLGIC and Al Ahlia, writing contractors all-risk cover
Liva Insurance SAOC is the Oman company of the Liva brand, which NLGIC and RSA Middle East adopted in 2023 after NLGIC bought RSA Middle East in 2022. Liva says its business comes from integrating NLGIC and Al Ahlia Insurance and that it serves over 1.5 million customers across Saudi Arabia, Kuwait, Bahrain, the UAE and Oman. Its Oman product list includes contractors all-risk, contractor plant and machinery, machinery insurance case by case, and workmen's compensation.
Pros
- + Contractors all-risk and contractor plant and machinery cover
- + Workmen's compensation from the same insurer
- + Fire, marine cargo and motor fleet cover for trade firms
- + Operates in five GCC markets
Cons
- − No Erection All Risk product listed online
- − Machinery cover only case by case
- − No published rates
Oman note
Liva says it was formed by integrating NLGIC and Al Ahlia Insurance, two names Omani contractors may know from older policies. Its online list has CAR but no erection all-risk, so ask directly if you install plant or equipment.
Oman United Insurance (OUIC)
Tier A · ListedOmani listed insurer with published CAR and EAR cover details
Oman United Insurance Company SAOG is listed on the Muscat Stock Exchange and says it has operated in Oman for over 35 years. Its project-insurance page sets out contractors all-risk and erection all-risk cover in detail: material damage and public liability sections, maintenance cover up to 12 months after completion, a testing and commissioning period for EAR, and optional extensions such as debris removal, professional fees and the principal's existing property.
Pros
- + CAR and EAR sections, extensions and exclusions published online
- + Maintenance cover up to 12 months after completion
- + Optional debris removal, professional fees and principal's property
- + Listed on the Muscat Stock Exchange
Cons
- − Operates in Oman only
- − No published rates
- − Excludes consequential loss and pandemic-related loss
Oman note
Oman United publishes its CAR and EAR cover structure, extensions and exclusions online, which makes it easy to compare against other quotes before you ask for one.
More Oman options
See all Oman business insurance vendors and the rest of the Oman directory.