Believing that each day is an important milestone in its history, gig | Arab Orient Insurance Company is determined to make a difference in the quality of everyone’s life on a daily basis. Since its foundation in 1996, gig | Arab Orient Insurance has been achieving one success story after another formulating a clear, set strategy that allows to confidently achieve a broader vision in the upcoming years.
The company, under the name “Arab Orient Insurance Company”, set a solid place for itself in the marketplace fairly quickly with 29 employees at the time. Focusing its efforts on the development within the insurance sector, it is now positioned as Jordan’s first company in terms of profits and premiums with a market share of 18% (in 2014) and a number of 296 employees.
gig | Arab Orient Insurance is one of Gulf Insurance Group (gig) companies along with 10 other insurance companies in 7 different Arab countries, which gives more support, strength and stability to all the Group’s members. Maintaining a long term growth strategy on developing business, gig | AOIC operates in a responsible way in order to make positive contributions to individuals’ lives and to the industry.
Today, with over 19 years of history gig | Arab Orient Insurance Company contributes significantly to the growth of the insurance industry in Jordan. It provides different insurance plans that include Medical, Motor, General, Travel, Property, Aviation, Marine and Energy Insurances, while its branches are scattered in Jabal Amman (Head Office), Swefieh, The Boulevard, Tla’aAl-Ali, Marka, Al-Abdali, Al-Bayader, Irbid and Aqaba.
By experiencing strong and consistent growth coupled with excellent reinsurance security, gig | Arab Orient Insurance Company is proud to enjoy the status of being (accredited insurer). The company has proven capabilities by becoming the first to be rated B+ (Very Good) with stable outlook from the global credit rating (A.M. Best). The outlook for the rating has been revised; A.M. Best has affirmed the financial strength rating of B++ (Good) and issuer credit rating of bbb+ the outlook for both ratings remains stable, making it the one of two companies in Jordan to be rated B++ (Good) for the fourth consecutive year.
Furthermore, gig | AOIC received numerous awards which acted as true testaments for its outstanding performance; The Silver Award for The Best Website within the banking and insurance sectors for two consecutive years, Best Contractor and Customer Services with the Greater Amman Municipality, Euro Money’s Award for Best Insurance Company in Jordan for the year 2009, the Best Insurance Company in Jordan from ‘Global Banking and Finance Review’ in 2011, in addition to a number of other significant recognitions.
The year 2015 marked the opening of its latest branch and the first-of-itskind in the world - gig | Arab Orient Insurance Café - located in the heartof Boulevard at Al Abdali, Amman.
The new Insurance Café introduces a unique experience where clients can easily choose and buy the insurance plans using the latest world-class technology, allowing them to make the payments online.
gig | AOIC has achieved undeniable success in the insurance sector thanks to intensive market studies, strategic planning and proper market penetration. Time still holds many opportunities for gig | AOIC to continue the path of success year after year.