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Dubai Chambers Signs Mou With Sukoon To Expand Access To Insurance, Investment, And Employee Benefit Solutions
(MENAFN- Mid-East Info)
Under the terms of the agreement, chamber members will have access to tailored motor, travel, home, health, life, and property and casualty insurance, together with a range of investment solutions provided by Sukoon. The partnership will also promote and offer End of Service Benefits solutions designed to help member companies effectively manage long-term gratuity liabilities through DFSA-regulated, capital protected funds. Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, commented:“Supporting the growth and competitiveness of Dubai's business community remains a key priority for Dubai Chambers. This agreement will provide companies with access to a wider range of financial solutions tailored to their needs, helping to enhance financial protection and support their long-term growth and sustainability. By working with leading service providers, we are continuing to strengthen the range of value-added services available to members of Dubai Chamber of Commerce and enhance the overall business environment.” The two parties will also cooperate on knowledge sharing, product customisation, and joint engagement initiatives. These efforts will support the development of relevant insurance and financial solutions that respond to the evolving needs of the chamber's member companies. Hammad Khan, Interim CEO at Sukoon Insurance, said:“We look forward to supporting the long-term growth of member companies at Dubai Chamber of Commerce, and we are confident that this is the beginning of a successful partnership. By providing customised, cost-efficient insurance and investment solutions, we aim to ensure that businesses across Dubai have the strong financial protection they need to confidently scale and thrive.” The agreement aims to enhance the range of value-added services available to Dubai Chamber of Commerce members through innovative and market-relevant insurance and financial solutions. By continuing to expand its network of partnerships, Dubai Chambers is supporting companies in Dubai with solutions that help strengthen efficiency, resilience, and long-term growth. About Dubai Chambers: Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers. About Sukoon: Established in 1975, Sukoon Insurance PJSC (“Sukoon”) – a public stock company – is among the leading insurance providers in the UAE. Sukoon provides a range of comprehensive insurance solutions for motor, life, health, and general (property, energy, engineering, aviation, marine, and liability) needs to its 1.36 million insured members. Sukoon's operations span across Oman and all Emirates in the UAE. Sukoon is committed to providing outstanding insurance solutions which help create and protect wealth and wellbeing. The Dubai-based company stays true to its vision by serving businesses and individuals with a team of over 700 professionals through an intensive distribution network of branches, brokers, bancassurance partners, agencies, e-commerce platforms, and a dedicated call centre. In 2025, Sukoon registered gross written premiums (GWP) of AED 7 billion. With a solvency ratio of 275 percent and exemplary ratings from Standard and Poor's (A rated) and Moody's (A2 rated), it clearly demonstrates its financial soundness, robustness in risk management processes, effective governance, and ability to serve its clients effectively in the long run. At its core, the Company is customer-centric, with a keen devotion towards providing exceptional services. Its priority has always been to build long-term relationships with its clients with their delight as its non-negotiable objective. Put simply, Sukoon wants to continue reinforcing its position as a reference for other insurers in the region for exemplary customer service.
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Khalid AlJarwan:“By providing our members with access to customised insurance and investment solutions, we are continuing to enhance an enabling business environment that improves financial protection and supports the long-term sustainability of companies in Dubai.”
Hammad Khan, Interim CEO at Sukoon Insurance:“We look forward to supporting the long-term growth of member companies at Dubai Chamber of Commerce, and we are confident that this is the beginning of a successful partnership.”
Under the terms of the agreement, chamber members will have access to tailored motor, travel, home, health, life, and property and casualty insurance, together with a range of investment solutions provided by Sukoon. The partnership will also promote and offer End of Service Benefits solutions designed to help member companies effectively manage long-term gratuity liabilities through DFSA-regulated, capital protected funds. Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, commented:“Supporting the growth and competitiveness of Dubai's business community remains a key priority for Dubai Chambers. This agreement will provide companies with access to a wider range of financial solutions tailored to their needs, helping to enhance financial protection and support their long-term growth and sustainability. By working with leading service providers, we are continuing to strengthen the range of value-added services available to members of Dubai Chamber of Commerce and enhance the overall business environment.” The two parties will also cooperate on knowledge sharing, product customisation, and joint engagement initiatives. These efforts will support the development of relevant insurance and financial solutions that respond to the evolving needs of the chamber's member companies. Hammad Khan, Interim CEO at Sukoon Insurance, said:“We look forward to supporting the long-term growth of member companies at Dubai Chamber of Commerce, and we are confident that this is the beginning of a successful partnership. By providing customised, cost-efficient insurance and investment solutions, we aim to ensure that businesses across Dubai have the strong financial protection they need to confidently scale and thrive.” The agreement aims to enhance the range of value-added services available to Dubai Chamber of Commerce members through innovative and market-relevant insurance and financial solutions. By continuing to expand its network of partnerships, Dubai Chambers is supporting companies in Dubai with solutions that help strengthen efficiency, resilience, and long-term growth. About Dubai Chambers: Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers. About Sukoon: Established in 1975, Sukoon Insurance PJSC (“Sukoon”) – a public stock company – is among the leading insurance providers in the UAE. Sukoon provides a range of comprehensive insurance solutions for motor, life, health, and general (property, energy, engineering, aviation, marine, and liability) needs to its 1.36 million insured members. Sukoon's operations span across Oman and all Emirates in the UAE. Sukoon is committed to providing outstanding insurance solutions which help create and protect wealth and wellbeing. The Dubai-based company stays true to its vision by serving businesses and individuals with a team of over 700 professionals through an intensive distribution network of branches, brokers, bancassurance partners, agencies, e-commerce platforms, and a dedicated call centre. In 2025, Sukoon registered gross written premiums (GWP) of AED 7 billion. With a solvency ratio of 275 percent and exemplary ratings from Standard and Poor's (A rated) and Moody's (A2 rated), it clearly demonstrates its financial soundness, robustness in risk management processes, effective governance, and ability to serve its clients effectively in the long run. At its core, the Company is customer-centric, with a keen devotion towards providing exceptional services. Its priority has always been to build long-term relationships with its clients with their delight as its non-negotiable objective. Put simply, Sukoon wants to continue reinforcing its position as a reference for other insurers in the region for exemplary customer service.
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