A Regional Insurance Powerhouse in the Middle East and North Africa
Gulf Insurance was established in 1962. It is a public shareholding company listed on Boursa Kuwait and a consistent market leader in Kuwait in terms of premiums written. The Group is among the largest and most diversified insurance groups in the Middle East and North Africa region. Gulf Insurance Group is one of the leading private insurers (By Gross Premium Written) with a strong competitive market position in Kuwait, Jordan, Bahrain and Egypt. Furthermore, the Group has operations in UAE, Saudi Arabia, Turkey, Algeria, Oman, Qatar, Iraq and Lebanon. The Group's both revenue and earnings are well diversified geographically.
About GIG
We’re here to make insurance more human.
Listed On
Boursa Kuwait
Established
1962
Years of Experiences
61
Employees
3800
We’re shaping a valuable insurance ecosystem for the MENA region
Our Vision
Our Values
The message we bring to the world.
Respect
The client is our most valuable asset.
Lasting
We have a long-term perspective on the value of our clients.
Rewarding
Investing in value-adding services, at a sustainable cost, in the interest of improving client loyalty and growing market share.
Our Mission
We are invested in; providing rewarding experiences to customers, building loyalty with employees, creating value for stakeholders, and serving the community as a committed citizen.
I am delighted to see the transformation and growth of GIG from being a leading commercial and private insurer in Kuwait to the position where we stand today as a regional insurance powerhouse in the Middle East and North Africa. We are here in GIG to pursue value for our customers, shareholders, employees and community by offering innovative and highquality products and services that are tailored to meet their unique needs and to make insurance more human.
Over the years, GIG has established itself as a leader and pioneer in the insurance industry. We have achieved historic milestones, and our commitment to innovation and excellence has allowed us to maintain our position as a market leader in the region. We take pride in our reputation and are dedicated to upholding it in everything we do.
Aligned with our vision, we are pleased to share that GIG is committed to our Environmental, Social, and Governance (ESG) plan, and we are actively working towards integrating our sustainable business strategy, solid governance and making a positive impact in pursuit of a sustainable society across all markets we operate in. We believe that incorporating ESG principles into our business practices is crucial for long-term sustainability and creating value for stakeholders.
We remain committed to our core values and continue to invest in our people, products, and distribution channels to ensure that we remain at the forefront of the insurance industry in the region. We are dedicated to staying ahead of the curve by adapting a resilient business strategy with latest technological advancements required to meet the evolving needs of our customers and other stakeholders.
I would like to express my sincere gratitude to our customers, partners, and shareholders for making our journey exciting and successful throughout these years. We are committed to delivering our promises and providing the highest level of service to all of our stakeholders. Together, we will continue to build on our achievements and drive GIG to continue delivering unprecedented growth for a sustainable future.
Khaled Saoud Al Hasan
Farqad Abdullah Al-Sane
(KIPCO)
Group Chairman
Farqad Abdullah Al-Sane (KIPCO)
Group Chairman
Pursuing value, from Kuwait to the Middle East and North
Africa region, we take pride in our historic milestones over
the years by imprinting GIG in the hearts and minds of people
as a leader and pioneer of insurance services with innovative products and
distribution
channels in the region.
2022 is
a year of celebration for our family as we are marking GIG’s
60th anniversary, recognizing all the hardships that we faced throughout these
years
to
be known as a Regional Insurance Powerhouse.
Despite the very challenging last two years with the
worldwide pandemic environment, we have been strongly
able to adapt and adopt a resilient business strategy with
latest technologies required for emergent events to protect
employees, customers. Transparency and quality relations
are what have kept us to continue our success story and
deliver our promises throughout these years.
During 2022, we are targeting to introduce new regional
innovative products and evolved our brand to smartly
position GIG proudly for the years ahead.
Our regional
expansion strategy has been accelerated in the past year by
entering into two new markets of Oman and Qatar with the
acquisition of AXA’s insurance operations in the Gulf region,
which is considered as one of the largest acquisition in the
region.
Following a successful digitalization experience, the
transformation journey has been significantly progressed in
all core areas despite pandemic challenges. The key focus of
our digital strategy is to transform the Group into customer
centric and data driven digital organization with a view to
achieve sustainable competitive advantage and profitability.
As importantly, our approach to Corporate Social
Responsibility is also significant and we are always
committed to coordinating and supporting initiatives that
benefits society and functions as a dynamic member of the
community in the markets we operate in.
We are grateful for our clients, employees and other
stakeholders for making our journey successful and are
hopeful for a brighter future. Our quality relationships have
always been our greatest asset and it is due to them that we
have been able to grow.
Faisal Hamad Al Ayyar
Vice Chairman (Executive)
Faisal Hamad Al Ayyar
Vice Chairman (Executive)
Pursuing value, from Kuwait to the Middle East and North
Africa region, we take pride in our historic milestones over
the years by imprinting GIG in the hearts and minds of people
as a leader and pioneer of insurance services with innovative products and
distribution
channels in the region.
2022 is
a year of celebration for our family as we are marking GIG’s
60th anniversary, recognizing all the hardships that we faced throughout these
years
to
be known as a Regional Insurance Powerhouse.
Despite the very challenging last two years with the
worldwide pandemic environment, we have been strongly
able to adapt and adopt a resilient business strategy with
latest technologies required for emergent events to protect
employees, customers. Transparency and quality relations
are what have kept us to continue our success story and
deliver our promises throughout these years.
During 2022, we are targeting to introduce new regional
innovative products and evolved our brand to smartly
position GIG proudly for the years ahead.
Our regional
expansion strategy has been accelerated in the past year by
entering into two new markets of Oman and Qatar with the
acquisition of AXA’s insurance operations in the Gulf region,
which is considered as one of the largest acquisition in the
region.
Following a successful digitalization experience, the
transformation journey has been significantly progressed in
all core areas despite pandemic challenges. The key focus of
our digital strategy is to transform the Group into customer
centric and data driven digital organization with a view to
achieve sustainable competitive advantage and profitability.
As importantly, our approach to Corporate Social
Responsibility is also significant and we are always
committed to coordinating and supporting initiatives that
benefits society and functions as a dynamic member of the
community in the markets we operate in.
We are grateful for our clients, employees and other
stakeholders for making our journey successful and are
hopeful for a brighter future. Our quality relationships have
always been our greatest asset and it is due to them that we
have been able to grow.
Khaled Saoud Al Hasan
(KIPCO)
Board member and Group CEO
Khaled Saoud Al Hasan(KIPCO)
Board member and Group CEO
Pursuing value, from Kuwait to the Middle East and North
Africa region, we take pride in our historic milestones over
the years by imprinting GIG in the hearts and minds of people
as a leader and pioneer of insurance services with innovative products and
distribution
channels in the region.
2022 is
a year of celebration for our family as we are marking GIG’s
60th anniversary, recognizing all the hardships that we faced throughout these
years
to
be known as a Regional Insurance Powerhouse.
Despite the very challenging last two years with the
worldwide pandemic environment, we have been strongly
able to adapt and adopt a resilient business strategy with
latest technologies required for emergent events to protect
employees, customers. Transparency and quality relations
are what have kept us to continue our success story and
deliver our promises throughout these years.
During 2022, we are targeting to introduce new regional
innovative products and evolved our brand to smartly
position GIG proudly for the years ahead.
Our regional
expansion strategy has been accelerated in the past year by
entering into two new markets of Oman and Qatar with the
acquisition of AXA’s insurance operations in the Gulf region,
which is considered as one of the largest acquisition in the
region.
Following a successful digitalization experience, the
transformation journey has been significantly progressed in
all core areas despite pandemic challenges. The key focus of
our digital strategy is to transform the Group into customer
centric and data driven digital organization with a view to
achieve sustainable competitive advantage and profitability.
As importantly, our approach to Corporate Social
Responsibility is also significant and we are always
committed to coordinating and supporting initiatives that
benefits society and functions as a dynamic member of the
community in the markets we operate in.
We are grateful for our clients, employees and other
stakeholders for making our journey successful and are
hopeful for a brighter future. Our quality relationships have
always been our greatest asset and it is due to them that we
have been able to grow.
Shaikha Dana Nasser Sabah
Al-Ahmed A Sabah(Amaken)
Group Chairman
Shaikha Dana Nasser Sabah
Al-Ahmed A Sabah(Amaken)
Group Chairman
Pursuing value, from Kuwait to the Middle East and North
Africa region, we take pride in our historic milestones over
the years by imprinting GIG in the hearts and minds of people
as a leader and pioneer of insurance services with innovative products and
distribution
channels in the region.
2022 is
a year of celebration for our family as we are marking GIG’s
60th anniversary, recognizing all the hardships that we faced throughout these
years
to
be known as a Regional Insurance Powerhouse.
Despite the very challenging last two years with the
worldwide pandemic environment, we have been strongly
able to adapt and adopt a resilient business strategy with
latest technologies required for emergent events to protect
employees, customers. Transparency and quality relations
are what have kept us to continue our success story and
deliver our promises throughout these years.
During 2022, we are targeting to introduce new regional
innovative products and evolved our brand to smartly
position GIG proudly for the years ahead.
Our regional
expansion strategy has been accelerated in the past year by
entering into two new markets of Oman and Qatar with the
acquisition of AXA’s insurance operations in the Gulf region,
which is considered as one of the largest acquisition in the
region.
Following a successful digitalization experience, the
transformation journey has been significantly progressed in
all core areas despite pandemic challenges. The key focus of
our digital strategy is to transform the Group into customer
centric and data driven digital organization with a view to
achieve sustainable competitive advantage and profitability.
As importantly, our approach to Corporate Social
Responsibility is also significant and we are always
committed to coordinating and supporting initiatives that
benefits society and functions as a dynamic member of the
community in the markets we operate in.
We are grateful for our clients, employees and other
stakeholders for making our journey successful and are
hopeful for a brighter future. Our quality relationships have
always been our greatest asset and it is due to them that we
have been able to grow.
