Gulf Insurance Group - Company Profile
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Gulf Insurance Group (GIG), a subsidiary of Gulf Insurance Group KSCP is an insurance company. The company's primary activities involve providing a range of insurance products and services. These include motor, property and casualty, health, car and protection insurance, as well as specialized offerings such as travel insurance, personal accident insurance, marine insurance, liability insurance, engineering insurance, home insurance, and motorcycle insurance. GIG's products and services serves to a diverse customer base, addressing various insurance needs across multiple industries. The company has a broad geographic presence, with offices in the three key economic regions of Saudi Arabia: Riyadh, Jeddah, and Al Khobar. It also has operations in the UAE, Turkey, Algeria, Oman, Qatar, Syria, Iraq, and Lebanon. GIG is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
King Abdullah Rd, An Nuzhah, Riyadh, 12471
Website
www.gig.sa
Telephone
800 1160020
No of Employees
4,100
Industry
Financial Services
Ticker Symbol & Exchange
8250 (SAU)
Revenue (2024)
$347.6M
-20.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-23.6%
(2024 vs 2023)
Market Cap*
$380.6M
Net Profit Margin (2024)
XYZ
-4.1%
(2024 vs 2023)
* As of and is in US$
Gulf Insurance Group premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Individual: | Insurance Claim Services | Gulf |
| Car Insurance | Motor Claim Services | |
| Travel Insurance | Travel Claim Services | |
| XYZ | ||
| XYZ | ||
| XYZ |
Competitor Comparison
| Key Parameters | Gulf Insurance Group | Al-Rajhi Company for Cooperative Insurance | Walaa Cooperative Insurance Co | Al-Etihad Co-operative Insurance Co | United Cooperative Assurance Co |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Riyadh | Riyadh | Al-Khobar | Dhahran | Jeddah |
| State/Province | Riyadh | - | - | Eastern Province | Riyadh |
| No. of Employees | 4,100 | - | - | 141 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Youssef Saleh Mansour Aba Al-Khail | Chairman | Executive Board | 2024 | - |
| Bijan Khosrow Shahi | Vice Chairman | Executive Board | 2024 | - |
| Khalid Al Shuwaier | Chief Executive Officer | Senior Management | - | - |
| Babar Ali Khan | Chief Financial Officer; Deputy Chief Executive Officer | Senior Management | - | - |
| Mohammed Aljebreen | Chief Human Resources Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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