Doha, Qatar: GIG Gulf, one of the largest insurance providers in the MENA region, has set out its ambitious growth plans for Qatar in 2023, detailing its focus on partnerships and forging closer ties with the Qatari broker community.
Following its 2022 transition from AXA, which has been present in the region for over 70 years, GIG continues to grow in Qatar, leveraging its fast-growing presence and strategic partnerships in the country.
As part of its strategy, GIG Qatar is scheduled to welcome over 80 members of the Qatari insurance community at the St. Regis Marsa Arabia Island, Doha, on the 15th of March to share its growth ambitions and present its strategy for innovation. The event, which is a first of its kind gathering in Qatar, reflects the importance of intermediaries in the local market, and their instrumental role in GIG Qatar’s success story.
The event follows a year of milestones for the insurer, with significant ongoing investment in its digital infrastructure to transform the customer experience in Qatar. Paul Adamson, CEO of GIG Gulf, commented: “GIG Qatar is uniquely positioned to contribute to the transformation of the Qatari insurance industry for the better through its diversified business model with high performing digital platforms across all insurance segments. From Healthcare to, Motor and Property, the company is the preferred partner to some of Qatar’s most important public and private sector organizations.”
GIG Qatar has launched a series of ground-breaking services in Qatar over the past year, including EasyClaims, which is a digital platform for real-time end-to-end motor claims. It is the first such service to be offered by an insurance company across the GCC markets. The platform allows customers to register their motor insurance claims by entering minimal information and track the process in real-time. EasyClaims uses big data and AI-based analytics to present granular details on the parts needed for repairs, costs, and timeline.
At the event, the company will showcase the ‘MyGIG Digital Healthcare’ app, which has been launched in Qatar. This innovative app serves as a one-stop solution for members to access a wide range of healthcare services, including digital cards, claim submissions, network location, and free teleconsultation services with licensed physicians. Additionally, members in Qatar will also have access to exclusive offers and benefits through the app.
As part of its continued commitment to the local market, GIG has invested over 10 million USD in the development of this new medical insurance platform environment, reflecting the company's dedication to providing top-notch solutions to its customers in Qatar.
Having been in the Qatari market since 2006, GIG is committed to forging ever-closer ties with its partners and across the broker community to widen access to its unique multi-line platform, simplify the customer experience and add value to Qatar’s national insurance industry.
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/en/ and follow us on:
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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.