Parent Company

RMS LLC, Oman, has been established since 1979, and is currently the largest insurance brokerage house in Oman.  RMS is a 100% Omani owned company, incorporated under the laws of the Sultanate of Oman. The company’s shares are held by the Oman Police Pensions Trusts and the Al Zawawi Family.

Some of RMS clients in Oman are :

RMS (Pvt) Limited – Pakistan

In Pakistan RMS has been in the business of insurance broking since the last five years. We operate in Pakistan as a fully licensed broker. Brokerage licenses in Pakistan are issued by the SECP and the business is also regulated by them.

In a very short time, RMS has been able to make its presence felt in the Pakistani market. Licensed to recommend all lines of Insurance to its clients, RMS acts on it’s clients behalf. Our well known clients are:

      Indus Motor Company

      I 2 Pakistan

      Exterrran

      Allied Engineering

      Thal Industries

      Razzaque Steel Mills

 Why should you appoint an insurance broker?

In the developed countries, the insurance market is now broker driven. Client’s assign the task of procuring their insurances, to a broker. An insurance broker basically shops for the best available coverage’s on behalf of his client. Insurance brokers are licensed to place business on behalf of their clients with any insurance company. Hence, the broker gets the best terms and conditions, for the client’s needs, and puts up a comparative study to the client. The client than directs the broker to place the business with the chosen company according to the clients preference. It is the broker’s job to advice the client, but the discretion lies with the client, with regards to where the placement is to be made. Following this the broker places the business with insurance companies.

What other benefits does my organization derive by appointing a broker ?

Insurance is a highly technical subject. Over 90% of organizations working in Pakistan do not employ a professionally qualified insurance executive to handle the insurance function. The reasons for this are quite simple.

     Company’s today all over the world are focusing on cutting costs. An insurance professional would be an expensive resource

     There is a serious dearth of qualified insurance professionals available in the market. The alternative to hiring an insurance professional for companies is simply to let the CFO or the Head of Administration handle the insurance function. When this is done, a simple procurement is carried out. The person in charge typically takes quotes from one or two companies and based on the same a decision is taken.

By appointing RMS as your insurance broker, you benefit by being able to get access to our qualified team of Underwriters, Claims Experts, Loss Adjusters and technically qualified staff.

We provide an end to end solution for all your insurance needs, right from the procurement of coverage’s, to helping your company realize justified claims, to handling the renewal process and negotiating better terms for your organization at the end of each insurance year.

The most important thing for your business today is to make certain that your assets are protected adequately and by the right kind of insurance provider. Therefore, the procurement of insurance stands out to be the most important task. At RMS we have the knowledge and the people who can provide you with the best advice.

Therefore, outsourcing your entire insurance function to RMS makes perfect sense. You tend to get the best advice, utilize our assistance at the time of a claim  ‘So that whilst you focus on your business, we take care of the risk’

What will my broker charge me in terms of brokerage fees?

When a broker helps the client by placing the insurance coverage’s with an insurer, the brokerage house gets its share of brokerage from the insurer. The client does not pay anything to the broker. This means that you have the facility of using the services of RMS FREE OF ANY CHARGES AND COST.

Here is how it works