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Bank Muscat, Axa in tie-up

Bank Muscat and insurer AXA Gulf have signed a 10-year partnership agreement to offer for the first time in Oman bancassurance products covering life protection, investment and savings to Bank Muscat customers. The 10-year partnership agreement marks an important milestone for both companies and a significant step in the local insurance sector. The synergey stemming from the banking and insurance expertise, global knowhow and technical capabilities create a unique platform to deliver greater value and service to Bank Muscat customers seeking quality life insurance solutions. The partnership paves way for world-class insurance products which will be introduced in a phased roll-out in the extensive network of Bank Muscat branches with access to AXA Insurance advisors. AXA will also provide medical insurance for Bank Muscat’s corporate clients, including small and medium enterprises.

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