Al Mulla Group has 2 separate licenses in the insurance sector.
For over 25 years, Bader Al Mulla & Bros. Co. WLL, a wholly owned subsidiary of Al Mulla Group, has been the Chief Agent of Oriental Insurance Co. Ltd., India in Kuwait. One of India's largest non-life general insurance companies, Oriental Insurance is wholly owned by the Government of India with a pan–India presence. The head office is based in New Delhi, with 26 regional offices and nearly 900 operating offices across the country; and overseas operations based in in Nepal, Kuwait and Dubai. The company’s workforce is 15,000+ strong.
Owing to the close cooperation between principals and agents, Oriental Insurance stands out as the largest foreign insurance company in Kuwait revenue-wise.
More than 25 years later, customers can look forward to a renewed commitment to improve service levels, as also to design and launch tailormade products to meet the requirements of customers in Kuwait, including a dynamic medical insurance policy.
Al Mulla Insurance Brokerage Co.
Al Mulla Insurance & Broking Co. WLL, also a wholly owned subsidiary of the Group, is involved in providing tailormade insurance solutions for customers. The primary objective of the company is to work with its clients on identifying the various risks inherent in each of their business operations, assessing their financial impact, and then identifying the right insurance product to mitigate the risk.
At the retail level, the company offers customers a bouquet of insurance providers, which gives the customer choice rather than a single mandated insurer. The Company's recommended choice of insurer depends on the customer’s specific needs, and this service is offered complimentary. This method offers significant cost savings for customers by scouring the market for the best proposals for the specified risks.