Strategic Partnership Between OMT and Compare360.com: Boosting Digital Insurance Adoption in Lebanon.

“Online Insurance Brokerage S.A.L.” – the insurance arm of the OMT Group – has announced a strategic partnership with “Chidiac Insurance Brokerage,” a subsidiary of “Chidiac Capital,” a leader in insurance and reinsurance investment. This collaboration aims to leverage the Compare360.com platform, which specializes in comparing and purchasing insurance products online, in a move aimed at transforming the retail insurance distribution sector in Lebanon and strengthening multiple digital channels (Omnichannel).

The partnership was announced during a signing ceremony held at the Yacht Club – Beirut on October 22. This partnership will enable customers to benefit from the advanced technical capabilities offered by the Compare360.com platform in the field of InsurTech, to compare offers from insurance companies operating in the Lebanese market and choose the most suitable contract for them. In addition, it will allow them to complete payments securely and smoothly through the OMT Pay application, taking into account all applicable regulations and legislation.

Hikmat Abou Zeid: “This partnership combines the innovation in insurance technology provided by Compare360.com and the advanced financial technology infrastructure of the OMT Pay application, with the aim of accelerating the digital transformation in the fields of insurance and electronic payment. This cooperation reflects OMT’s continued commitment to providing innovative financial solutions in the Lebanese market and expanding access to essential services, within the framework of our vision for a more integrated and customer-focused financial future.”

Farid Chidiac: “In our group, we always proceed from the firm conviction that our solutions must add real value to the insurance and reinsurance chain, and contribute to filling the existing gaps in the market, while maintaining our proximity to the needs of each local market. Trust, ease of access, speed and convenience are common pillars that unite OMT and our services, and this partnership clearly embodies those values, and constitutes a starting point for further cooperation in the future.”