News
Insurers To Form Joint Venture
| May 13, 2010 by Tracey Scott
Former New India Assurance manager joins Omani joint venture
Gargash Insurance Services Company is setting up a joint-venture operation in Oman with insurance broker Trade Links.
The new firm, Gargash & Trade Links, will be headed by former New India Assurance Company resident manager Dr Retnakumar Janardanan as CEO and Ali Mohammed Mirza as chairman.
Mustafa Vazayil of GISC is named vice president and Hani Ahhmed Mirza the new executive director.
“This is our first foray into another GCC state. The company aims to have its footprint in at least four GCC states by 2011,” said Vazayil.
The new office will be opened in Muscat and will operate immediately.
