Bahrain Kuwait Insurance Co. celebrates 50 years of excellence

TDT | Manama

Email: mail@newsofbahrain.com

Bahrain Kuwait Insurance Co. (GIG Bahrain), a subsidiary of Gulf Insurance Group (GIG), announced its 50th Anniversary Celebration, marking half a century of dedicated service and innovation in the insurance sector. The commemorative event is scheduled to bring together esteemed clients, partners, and stakeholders to honour this significant milestone.

Since its establishment in 1975 as Bahrain Kuwait Insurance Co., the company has been a cornerstone of the Kingdom’s insurance sector. GIG Bahrain was the first insurance company to be publicly listed in Bahrain and has played a vital role in fostering confidence in the local insurance market. Over the decades, it introduced numerous firsts in the industry, including innovative motor, medical, and property insurance products that benefited large number of individuals and businesses. Through its dedication to transparency, customer-centric solutions, and market leadership, GIG Bahrain has helped shape the regulatory and operational standards of the Bahraini insurance industry.

Mr. Murad Ali Murad, Chairman of GIG Bahrain, reflected on the company’s journey “Reaching our 50th anniversary is a testament to the unwavering dedication of our team and the trust our clients and shareholders have placed in us. Over the decades, we’ve witnessed and contributed to the evolution of Bahrain and Kuwait’s insurance industries, introducing innovative products and setting new standards of service. As we celebrate this golden jubilee, we remain committed to delivering exceptional insurance solutions and upholding the values that have defined our success.”

Dr. Abdulla Sultan, CEO of GIG Bahrain, added “This milestone offers us an opportunity to express our gratitude to our loyal customers and partners. Over the years, we’ve seen substantial and sustainable growth, driven by our expansion in commercial and conventional lines of business. Looking ahead, we are excited to continue our journey of sustainability & innovation, embracing new technologies and methodologies to better serve our community.”

The 50th Anniversary Celebration will feature a series of events, including keynote speeches, a walkthrough of Bahrain’s historic insurance sector and networking opportunities, all aimed at fostering dialogue on the future of the insurance industry