Managing Director

Alaa El-Zoheiry

GIG Egypt is a joint stock company, subject to the Egyptian Insurance Law 10/1981 and the amendment 91/1995 on the Egyptian Supervision and control of insurance in Egypt. GIG Egypt is a member in the Insurance Federation of Egypt as well as the Arab Insurance Federation. GIG Egypt was established by a shared Egyptian Arab capital and launched its insurance activities in July 1994.

  • Issued Capital is EGP 500 M.

  • Paid up capital is EGP 380.953 M.

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Who We Are

  • Chairman's Message
  • Vision & Mission
  • Values
  • Global Rating
  • Awards & Recognition
  • Financial Statement
  • Shareholder Information
  • Gulf Insurance Group

Chairman's Message

At GIG Egypt, commitment is not just a word, it's a conviction. We take pride in our desire to serve our customers to the best of our ability. The quality of GIG's customer service, the level of employee loyalty and commitment are essential for our ongoing growth. It is also an important factor for GIG’s employees who recognize the company's success which depends on their efforts and contributions.


Rafaat El-Salamony

Vision & Mission

Our Vision - We’re shaping a valuable insurance ecosystem for the MENA region.


Our Mission - We’re invested in; providing rewarding experiences to customers, building loyalty with employees, creating value for stakeholders, and serving the community as a committed citizen.

Values

Respect - The client is our most valuable asset.


Lasting - We have long-term perspective on the value of our clients. Whereby the lifetime of a client relationship is seen as much greater value than the cost associated with any single transaction with client.


Rewarding - We are prepared to invest in value-adding services, at a sustainable cost, in the interest of improving client loyalty and growing market share.

Global Rating

GIG Egypt is proudly the first & the only insurance company in Egypt to enjoy global double ratings

  • AM Best: B++ | bbb+

  • MOODY's: Ba2

Awards & Recognition

The past 3 years was exceptional for GIG Egypt as it succeeded to win more than 12 prestigious awards from many regional and international bodies.


Financial Statement

The financial statements are prepared in accordance with Egyptian accounting standards, which is mainly; complying with the requirements of law No. 10 of 1981 and its amendments, executive regulations and also the rules and instructions issued by the Financial Regulation Authority, including the guide of applying financial accounting standards to the insurance sector in Egypt.

Shareholder Information

  • Gulf Insurance Group (GIG) by 99 %

  • Suez Canal Bank by 0.853 %

  • Businessmen by 0.147 %

Gulf Insurance Group

Gulf Insurance was established in 1962.It is a public shareholding company listed on Kuwait Stock Exchange 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, and is one of the leading private insurers (In terms of 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.

GIG Egypt Team

Board of Directors

Chairman

Mr. Raafat El-Salamouny

Vice Chairman

Mr. Khaled El-Hassan

Managing Director

Mr. Alaa El-Zoheiry

Board Member

Mr. Bijan Khosrowshahi

Board Member

Mr. Rami Al-Baraki

Board Member

Ms. Dalal El-Shayea

Board Member

Mr. Islam Hamza

Board Member

Ms. Catherine Fahmy