Top 10 Best Insurance Companies in UAE – 2025 Guide
The UAE has always been a land of opportunities, not just for businesses and tourism, but also for insurance. With its fast-growing economy, diverse population, and modern lifestyle, insurance here isn’t just about protecting your car or home—it’s about securing peace of mind. Whether you’re a resident or an expat, finding the best insurance company in UAE is one of the smartest financial decisions you can make.
From health to travel, motor to property, the country hosts some of the most reliable global and regional insurers. Each company brings its own story, expertise, and benefits to the table. But with so many options, how do you decide? That’s where this list comes in. Below, I’ll walk you through the top 10 best insurance companies in UAE, sharing insights, history, and why they stand out in today’s competitive market.
Why Choosing the Right Insurance Company Matters
Insurance is more than just a policy; it’s a promise. A promise that when things go wrong—whether it’s an accident, illness, or business challenge—someone has your back. In the UAE, the stakes are even higher. With world-class healthcare facilities, advanced road networks, and global business hubs, insurance ensures you can access these services without financial strain.
The best insurance companies in UAE don’t just sell policies. They build trust, provide quick claims, and offer tailored coverage that fits modern lifestyles. Think of it like choosing a travel partner—you don’t just want someone to book your ticket, you want someone who will stand by you when your flight gets delayed or your luggage goes missing.
Snapshot: The Top 10 Insurance Companies in UAE
Here’s a quick glance at the companies we’ll cover in detail:
| Rank | Insurance Company | Year Established | Headquarters | Specialty |
|---|---|---|---|---|
| 1 | Abu Dhabi National Insurance Company (ADNIC) | 1972 | Abu Dhabi | Multi-line coverage, reinsurance |
| 2 | Orient Insurance Company | 1982 | Dubai | Wide branch network, strong in corporate |
| 3 | Sukoon Insurance (Formerly Oman Insurance) | 1975 | Dubai | Digital-first, regional expansion |
| 4 | Cigna | Global | USA | Health & dental insurance |
| 5 | MEDGULF | 1990s | Lebanon/UAE | Health & life insurance |
| 6 | Bupa Global | 1947 (Global) | UK | International health coverage |
| 7 | Aetna Global Benefits (Middle East) | 2007 | Dubai | Health insurance, global networks |
| 8 | AXA Insurance (Now GIG Gulf) | 1816 origins | Paris/Dubai | Motor, health, travel insurance |
| 9 | Tokio Marine & Nichido Fire | 1879 | Japan/UAE | Non-life, fire, motor insurance |
| 10 | Alliance Insurance | 1975 | Dubai | Premium services for individuals & corporates |
1. Abu Dhabi National Insurance Company (ADNIC)
When we talk about pioneers in UAE’s insurance sector, ADNIC tops the list. Established in 1972, ADNIC has been a part of the UAE’s journey from its early years. Headquartered in Abu Dhabi, it offers multi-line insurance, from health to property, and even reinsurance services.
What makes ADNIC special is its regional influence. It doesn’t just cater to individuals but also supports businesses across the Middle East and North Africa. Their strong reputation is built on trust and quick claim settlements. If you’re looking for a company that blends tradition with modernity, ADNIC is the name you’ll often hear from long-term UAE residents.
2. Orient Insurance Company
If you’ve been in Dubai for some time, you’ve likely seen the Orient Insurance logo under the Al-Futtaim Group banner. Established in 1982, Orient has grown into one of the leading insurers in the UAE. With a strong network of branches spread across the country, they’re easy to access whether you live in Sharjah, Dubai, or Abu Dhabi.
Orient’s biggest strength lies in its balance between corporate and retail insurance. Businesses trust them for reliable coverage, while individuals appreciate their straightforward policies. Their strong financial backing from Al-Futtaim Group ensures stability, which is exactly what you want when choosing an insurer.
3. Sukoon Insurance (Formerly Oman Insurance Company)
Sukoon Insurance, formerly known as Oman Insurance Company, is a perfect example of how innovation can reshape traditional industries. Founded in 1975, Sukoon has been rebranded with a fresh identity but keeps its legacy intact. With branches across the UAE, and even in Oman, Qatar, and Turkey, Sukoon is truly regional.
What sets Sukoon apart is its digital-first approach. They’ve embraced technology to make insurance simple, quick, and accessible. From buying a policy online to tracking claims, Sukoon ensures customers spend less time on paperwork and more time living. Their rebranding reflects their vision—to bring peace of mind, or “sukoon,” to every customer.
4. Cigna
For many expats in the UAE, health insurance is the top priority, and Cigna often becomes their go-to provider. With a presence in over 200 countries and partnerships with more than 1.5 million healthcare providers, Cigna is truly global.
The beauty of Cigna is its flexibility. Whether you’re a family, a business, or a frequent traveler, they offer plans that adapt to your lifestyle. Their claims process is known for being quick, which is a huge relief when dealing with medical emergencies. If global coverage is your priority, Cigna’s network is unmatched in the UAE.
5. MEDGULF
The Mediterranean and Gulf Insurance and Reinsurance Group (MEDGULF) brings three decades of experience in health and life insurance. With operations in Lebanon, Bahrain, Saudi Arabia, Qatar, Egypt, and now the UAE, MEDGULF is a true regional giant.
What makes MEDGULF attractive is its solid financial rating. With Standard & Poor’s rating it at A- (negative), the company has proven financial strength and reliability. They are particularly strong in health insurance, offering comprehensive packages that are both affordable and trustworthy. For families and businesses looking for stability, MEDGULF is a safe choice.
6. Bupa Global
When it comes to international health coverage, Bupa Global is a brand many expats already know before moving to the UAE. Originating in the UK, Bupa serves more than 33 million customers worldwide. In the UAE, it provides premium health insurance plans with access to over 1.2 million medical providers globally.
Bupa is not the cheapest option, but that’s not what they aim for. They cater to those who want comprehensive, international healthcare without compromise. Their coverage often includes global hospital access, travel insurance, and wellness programs. For executives and globally mobile professionals, Bupa is often the first choice.
7. Aetna Global Benefits (Middle East)
Founded in 2007 in Dubai, Aetna Global Benefits is relatively new compared to others on this list but has quickly built a solid reputation. Aetna offers health plans tailored to individuals, employers, and healthcare professionals.
What makes Aetna stand out is its innovative approach. Beyond providing insurance, they work with governments and corporations to design world-class healthcare systems. With more than 800,000 members worldwide, their influence extends far beyond just issuing policies. For businesses looking to provide employees with premium healthcare, Aetna is a strong partner.
8. AXA Insurance (Now GIG Gulf)
AXA has always been a household name in insurance, and in the UAE, they operate as GIG Gulf after being acquired. With roots dating back to 1816 in France, AXA is one of the oldest and most respected insurance groups in the world.
In the UAE, AXA (GIG Gulf) offers everything from motor and travel to health and life insurance. Their strength lies in their global expertise combined with local understanding. They’re also known for their easy-to-use digital platforms, making it simple to buy, renew, or claim policies online. If you value a mix of legacy and innovation, AXA is an excellent choice.
9. Tokio Marine & Nichido Fire Insurance Company
One of Japan’s oldest and largest insurers, Tokio Marine has been operating in the UAE since 1976. With a history dating back to 1879, the company brings unmatched experience in non-life insurance.
Their focus areas include motor, fire, marine, and general insurance products. Backed by strong ratings (A+ from Standard & Poor’s and Aa3 by Moody’s), Tokio Marine offers both financial strength and reliability. For businesses needing specialized insurance like marine or industrial coverage, Tokio Marine is often the preferred choice.
10. Alliance Insurance
Founded in 1975, Alliance Insurance has always stood out for its commitment to customer service. With branches across Dubai, Abu Dhabi, Sharjah, Al Ain, and Jebel Ali, Alliance is never far from its customers.
Their range of products covers individuals, corporates, and even government entities. What makes Alliance unique is its premium approach—they aim to deliver not just insurance, but a complete experience of security and trust. For those who value personalized service, Alliance remains one of the most respected names in the UAE market.
FAQs – Insurance Companies in the UAE
Who is the top 5 insurance company?
The top 5 insurance companies in the UAE, based on reputation, services, and market share, are:
- Oman Insurance Company (OIC)
- Abu Dhabi National Insurance Company (ADNIC)
- AXA Gulf (now part of GIG Gulf)
- Dubai Islamic Insurance & Reinsurance (AMAN)
- MetLife UAE
Which is the No. 1 insurance company?
Oman Insurance Company (OIC) is often ranked as the No. 1 insurance company in the UAE due to its wide range of health, motor, life, and general insurance products, along with strong customer trust and financial performance.
Which TPA is best in the UAE?
Some of the best Third Party Administrators (TPAs) in the UAE are:
- Nextcare (Allianz Partners) – leading TPA for health insurance.
- MedNet UAE – strong hospital and clinic network.
- NAS Neuron – popular for corporate health insurance solutions.
- Dubai National Insurance TPA services – known for efficient claims management.
Which is the largest health insurance company in the UAE?
The Abu Dhabi National Insurance Company (ADNIC) and Oman Insurance Company (OIC) are among the largest health insurance providers in the UAE, offering comprehensive coverage with wide medical networks across hospitals and clinics.
Final Thoughts
Choosing the best insurance company in UAE depends on your needs. If you want global health coverage, Cigna or Bupa Global might be your match. For local reliability, ADNIC and Orient are top names. If you’re into digital-first convenience, Sukoon is a strong choice.
What ties all these companies together is their promise—peace of mind. Insurance isn’t just about policies or numbers. It’s about knowing that when life surprises you, someone’s there to support you. In a dynamic country like the UAE, that promise is priceless.
