01/07/2012 18:26 AST

Gulf insurance company, the leading insurance company in Kuwait, has recently won the "Best Insurance Provider in the Middle East 2012" Award by Global Banking and Finance Review. An annual award given to selected distinguished companies around the world in the banking and finance industry.

Furthermore, these accomplishments have not come by coincidence, but by the huge efforts of the customer service's team and the uniqueness of this well established company, and it came as a testament to the confidence in the company's performance, and as a clear mark that GIC applies a great strategic work plan in the insurance industry, and also as recognition to its ongoing record of success.

Commenting on this achievement, the Manager of the Corporate Communications & Investor Relations Department at GIC, Khalid Al Sanousi said, "This international award comes as recognition of the company's qualitative leap. Considering that GIC was chosen after a series of assessments by industry analysts consisting of, detailed research on Quality, Performance, Claims experience, Customer Service, Innovation, Market Share and Quality of Product offering. This indicates that GIC has been successful and has proven to be a top player in the Region."

It is noteworthy to point out that Gulf Insurance Company has recently received an A- rating from Standard and Poor's, one of the top rating agencies, along with an A- rating from A.M. Best. This outstanding achievement makes GIC the only insurance company in Kuwait that has a double Global Credit rating of (A-) from two of the top rating agencies, Standard & Poor's as well as A.M. Best.

Additionally, GIC recently launched its custom made iPhone application in to ensure customer convenience where they can issue and renew Motor and Boat TPL insurance, renew Motor comprehensive insurance, and issue Travel Assist insurance and many other services on the move.

Global Banking and Finance Review is an online portal which has evolved from the growing need to have a more balanced view for informative and independent news for the global banking and finance industry. It is read in over 190 different countries in the word and gets around 250,000 t0 500,000 page views on a monthly basis.


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