Gulf Life Insurance Company was established at the end of 2007 as a subsidiary of Gulf Insurance Group. In 2014, Gulf Life Insurance Company changed its name to Gulf Insurance and Reinsurance Company. The license was modified to practice health / life insurance and general insurance business. In 2017, GIRI transformed their brand name to Gulf Insurance Group-Kuwait (gig-Kuwait). This change was in collaboration with all Gulf Insurance Group subsidiaries, for a unified and streamlined identity.
As of December 2017, the company operates with paid-up capital of KD 18 million from being KD 15 million in 2016.
Gulf Insurance Group-Kuwait is the first insurance company to lead the life and health insurance business in the local market. It is currently the largest insurance company in Kuwait in terms of gross written premiums and retained premiums in the life, health and auto insurance sectors.
Gulf Insurance Group-Kuwait offers a variety of products and services to various types of conventional insurance: automotive, marine and aviation, property and accidents, engineering, life and health. Our products and services are designed to suit the various requirements of our clients, in cooperation with major international insurance companies, in order to meet all the insurance needs of individuals and companies.
Gulf Insurance Group-Kuwait is a strong competitor in the local market. It is the first insurance company in Kuwait and in the region to issue various insurance policies online and provide online health claims approval system online.
With our continuous efforts to provide innovative technology solutions to serve our valued customers, Gulf Insurance Group-Kuwait is the first insurance company in Kuwait and in the region to provide services for the sale and renewal of insurance policies through smart phones. An application was launched on iPhone in 2012 and recently an application was launched on Android devices in 2014 to provide online document issuance services on auto insurance products marine insurance, travel insurance and home labor insurance.
Gulf Insurance Group-Kuwait is the first insurance company in Kuwait to provide the local market with an online and instant health claims approval system in 2010. To serve more than 54000 customers and covers more than 200 health service providers and works on this electronic system more than 1000 users of that electronic system.
Our vision is always aimed at creativity in exploiting technology and offering the best solutions to satisfy our customers