Dubai Chambers and Sukoon Partner to Bolster Business Insurance Options

Abdelrahman Amr

Last updated 27-08-2026

4 min

Dubai Chambers signed an MoU with Sukoon Insurance for broader member financial support.

Members get tailored cover across motor, health, life, travel, home and property.

Sukoon also offers investment options and End of Service Benefits solutions.

Both sides will share knowledge and customise products for Dubai businesses’ changing needs.

The deal aims to boost resilience, efficiency and “long-term growth” for chamber members.

Dubai Chambers has signed a new MoU with Sukoon Insurance, opening the door for Dubai Chamber of Commerce members to access a broader set of insurance, investment and employee benefit products. In simple words, it is about giving companies more practical financial tools as they grow, and in this market, that can be quite handy.

Under the agreement, member companies will be offered tailored solutions across motor, travel, home, health, life, and property and casualty insurance. Sukoon will also provide investment options, alongside End of Service Benefits solutions aimed at helping businesses manage long-term gratuity liabilities through DFSA-regulated, capital-protected funds. That detail matters, I reckon, because gratuity planning is one of those issues many firms leave until it becomes a bit of a faff.

Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said the move fits with the chamber’s priority of supporting the growth and competitiveness of Dubai’s business community. He said the agreement would give companies access to more tailored financial solutions, helping strengthen financial protection and support long-term growth and sustainability, while also expanding the range of value-added services available to chamber members.

The partnership is not only about selling policies, mind you. The two sides also plan to work together on knowledge sharing, product customisation and joint engagement initiatives. The idea is to develop insurance and financial products that better match the changing needs of businesses in Dubai, rather than offering a one-size-fits-all package and calling it a day.

Hammad Khan, Interim CEO of Sukoon Insurance, said the company expects the partnership to support the long-term growth of Dubai Chamber of Commerce members. According to him, Sukoon wants to provide customised and cost-efficient insurance and investment solutions so businesses in Dubai can scale with stronger financial protection in place. That said, plenty will depend on how competitive these offers are in practice, not just on paper.

For Arageek readers who follow the MENA startup scene, there is something familiar here. I’ve seen founders get chuffed to bits over fundraising news, then go oddly quiet when the talk turns to employee benefits or liability cover, well… I mean, it is less glamorous, isn’t it? But these are the nuts and bolts that often decide whether a company stays resilient when things get bumpy.

Dubai Chambers says the agreement is part of a wider effort to improve the business environment by adding relevant, market-led services for members. By expanding its partnership network, it is trying to help companies boost efficiency, resilience and long-term growth. On the flip side, firms will still need to do their homework before jumping into any financial product, but having more tailored options on the table is defnately better than having too few.

Dubai Chambers operates as a non-profit public entity that supports Dubai’s ambition as a global business hub. Since the 2021 restructuring announced by Sheikh Mohammed bin Rashid Al Maktoum, it has worked under three entities: Dubai Chamber of Commerce, Dubai International Chamber and Dubai Chamber of Digital Economy.

As for Sukoon, the insurer has been around since 1975 and is one of the better-known players in the UAE market. The company serves 1.36 million insured members and operates across all emirates as well as Oman. It offers cover spanning motor, life, health and general insurance lines, including property, energy, engineering, aviation, marine and liability. Sukoon says it has more than 700 professionals and, in 2025, recorded gross written premiums of AED 7 billion. It also reported a solvency ratio of 275 per cent, with ratings of A from Standard & Poor’s and A2 from Moody’s, figures that suggest a strong financial footing. For businesses weighing up risk, that part is pretty spot on.

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