Doha, Qatar: Leading regional insurer, the Gulf Insurance Group (GIG), held its first VIP partner event and awards on 15th March 2023 in St. Regis Marsa Arabia Island in Doha. The event was attended by over 80 members of the Qatari insurance community and recognized GIG Qatar’s investment in the country.
The special event saw GIG Qatar reaffirm the importance of its partner communities and its commitment to forge partnerships that deliver opportunities for growth. At the event, GIG Qatar announced the launch of the new Qatar Mandatory Visitor Health Insurance policy, which is only available through selected companies by the Ministry of Public Health. Whether visitors are travelling to Qatar on business or as tourists – or if they are visiting a friend or family member who is a resident of Qatar – they can now buy the mandatory visitor’s health insurance online in just one minute from the GIG website.
Nidal El Sayed, GIG Gulf’s General Manager in Qatar, commented: “From healthcare to motor and property, GIG Qatar is the preferred partner to some of the country’s most important public and private sector organizations. Now, by making it possible for visitors to Qatar to purchase the new Qatar Mandatory Visitor Health Insurance policy online, we are able to make an ever greater contribution to the national insurance industry, and demonstrate our support to the government of Qatar as its insurance regulations evolve.”
As part of its continued commitment to the market, GIG has invested more than US$10M in the development of its medical insurance IT platform and award-winning ‘MyGIG Healthcare’ app, both of which are available to customers in Qatar, reflecting the company's dedication to providing best-in-class solutions to its customers.
With the evolving regulations, GIG Qatar is ready to address the universal market in Qatar with stronger partnerships to accommodate the needs of the public and private sector segments by providing local, regional, and globally compliant solutions through its unmatched presence in the Middle East region.
The unique in-house capabilities of GIG Qatar, which include providing relevant services as an insurer, claims administrator, and reinsurer, allows for a seamless customer journey, pricing sustainability, and a blend of international experience with local expertise. A prime illustration of this is GIG's proprietary network of healthcare providers in Qatar.
GIG senior leaders closed the event and expressed the company’s gratitude to its valued partners for their performance and contribution to the overall success of the company’s operations in Qatar.
Paul Adamson, CEO of GIG Gulf, commented: “We were delighted to welcome so many important members of Qatar’s insurance community to our inaugural VIP partner event in Doha. The partnerships we have forged over many years have been instrumental in our growth story, and fundamental to our ability to serve so many individuals, SMEs and corporations in the country. I very much look forward to seeing GIG Qatar’s continued contribution to the transformation of Qatar’s insurance industry through our diversified business model, high-performing digital platforms, and capabilities as a multi-line insurer that operates across all insurance segments.”
ABOUT GIG GULF
GIG Gulf is part of the Gulf Insurance Group (GIG), the #1 largest regional composite insurer in the Middle East and North Africa, with companies in Kuwait, Jordan, Bahrain, Egypt, Turkey, Algeria, Syria, Iraq, Lebanon, Saudi Arabia, and Emirates. Its reported consolidated assets stand at US$ 4.5 billion as of 31 December 2021.
GIG Gulf is an ‘A’ rated regional insurer with a top 5 position in each of its markets. GIG Gulf has been present in the region for over 70 years with a strategic focus on both growth and investments and is a one stop shop offering a wide range of insurance products and services that cater to a broad variety of needs for corporates, SMEs and individual customers throughout UAE, Oman, Bahrain, and Qatar. GIG Gulf also owns a 50% stake in GIG Saudi.
With a workforce of over 800 employees across 15 branches and retail shops region-wide and over 1 million customers, GIG Gulf is a caring partner that encourages customers to achieve their goals and live an inspiring and fulfilling life. Obsessed with customer feedback and continuously evolving to become the region’s digital insurer of reference, GIG Gulf is also focused on making a difference for customers, partners, and communities through strong CSR commitments.
Recognised as a leading insurance brand, GIG Gulf has been winning several awards for its quality of services and products, most recently winning the 2021 Health Insurer of the Year award, by MENA IR.
For more information, visit http://www.giggulf.qa and follow us on:
FOR MORE INFORMATION:
Head of Brand, Marketing and Communications
Senior Account Manager
IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results and GIG GULF’s plans and objectives to differ materially from those expressed or implied in the forward-looking statements. GIG GULF undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events, or circumstances or otherwise.