Sukoon Insurance PJSC, in partnership with CME Capital Insurance Consultancies, is pleased to announce the strategic expansion of its credit insurance solutions. This milestone reaffirms Sukoonโs commitment to supporting trade, managing counterparty risk, and enhancing business resilience for organisations operating across domestic and international trade environments.
The partnership leverages CMECIC underwriting expertise with Sukoonโs exceptional financial stability, rated โAโ (Excellent) with a stable outlook by S&P Global Ratings, and holding an A2 Insurance Financial Strength Rating (IFSR) from Moodyโs. Furthermore, the portfolio is backed by a robust panel of highly rated, globally recognised reinsurers, providing maximum security and confidence to policyholders in an unpredictable market.ย
Hammad Khan, Interim CEO at Sukoon Insurance, commented “At Sukoon, our priority is to empower businesses with the tools they need to navigate an evolving economic landscape with confidence. This strategic expansion of our credit insurance offering underscores our commitment to delivering practical, commercially relevant risk solutions. By partnering with CMECIC and backed by a formidable panel of financially sound global reinsurers, we are providing a disciplined and robust platform that proactively supports trade growth and the financial resilience of our clients.”
Through the underwriting expertise of CMECIC, Sukoon will focus on disciplined risk selection, portfolio quality, and highly responsive service. The offering is designed to help businesses confidently protect receivables, safeguard cash flows, and secure financing support from lenders as they navigate evolving economic conditions, supply chain pressures, and heightened credit risks.
David Avasthi, Managing Director and Chief Underwriting Officer at CMECIC, added “We are thrilled to collaborate with Sukoon in delivering these specialised credit insurance solutions. Credit insurance is not simply a product; it is a partnership built on trust, transparency, and sound judgment. Our shared focus is on deploying a clear, long-term underwriting philosophy with an emphasis on market knowledge and close collaboration with our brokers and clients. Supported by our experienced underwriting team, we look forward to delivering sustainable value across a diversified portfolio of industrial sectors and geographies.”
