Oman Insurance Association (OIA) was established by Reg No 142 dated 18 December 2010 issued by Ministry of Social Development. OIA is a trade body consisting of Insurance Companies, Insurance Brokers and Loss Adjusters and others licensed by Capital Market Authority, Oman to indulge in Insurance Activity. 40 members of the Insurance Fraternity met on 20 September 2006 at Businessmen Hall.