Garash Insurance, a Dubai based insurance brokerage firm, is established a joint venture in assoiciation in Oman, in association with insurance broker, Trade Links.
The new JV Gargash & Trade Links Insurance Services (Gargash TLS) , has set up its first office in Muscat to start the operations.
J Retnakumar, new CEO has taken office and a dedicated team of insurance professionals will offer risk management, intermediary and consultancy services to the Omani market.
The board of directors of Gargash TLS will be headed by Ali Mohammed Mirza as chairman, Mustafa Vazayil of Gargash Insurance Services as vice chairman. Hani Ahhmed Mirza will be the executive director.
Mr Vazayil said: This is our first foray into another GCC state. The company aims to have its foot prints in at least four GCC states by 2011.