GIG Gulf obtains CMA approval to offer e-insurance services in Oman

GIG Gulf obtains CMA approval to offer e-insurance services in Oman

GIG Gulf, one of the largest insurance providers in the MENA region, and a proud part of the Fairfax Group, has received approval from the Capital Markets Authority (CMA) in Oman to provide digitally integrated insurance services for its customers online. This pivotal development positions GIG Gulf as one of the first two insurers authorized […]GIG Gulf, one of the largest insurance providers in the MENA region, and a proud part of the Fairfax Group, has received approval from the Capital Markets Authority (CMA) in Oman to provide digitally integrated insurance services for its customers online.

This pivotal development positions GIG Gulf as one of the first two insurers authorized to offer online insurance solutions in Oman, underscoring its commitment to innovation and customer service excellence.

The approval by the CMA represents a significant competitive advantage for GIG Gulf against other major players in the market and is a testament to the company’s dedication to enhancing its online capabilities. This milestone follows a comprehensive report submission in January 2024, showcasing GIG Gulf’s sophisticated digital insurance platforms and its commitment to adhering to the highest regulatory standards.

Paul AdamsonCEO – GIG Gulf

“We are proud to have been approved by the Capital Markets Authority in