Gulf General Cooperative Insurance Company (GGCI): Trusted Insurance Solutions in Saudi Arabia
Gulf General Cooperative Insurance Company (GGCI) is a joint stock company with a capital of 200 million Saudi Riyals. Cabinet Resolution No. 365 (January 12, 2008) and Royal Decree No. M/85 (March 12, 2008) authorized the company’s establishment. The Insurance Authority licensed GGCI under License No. TMN/20103/26. The company operates from its headquarters in Jeddah, located at 7698 Amir Al-Shu’ara Street, Al-Ruwais District, Unit 10.
GGCI completed its public offering on October 9, 2009. It held its founding general assembly shortly after, on December 16, 2009. The company received its commercial registration number 4030196620 on January 24, 2010.
It began operations by acquiring the insurance portfolios of both Saudi General Insurance Company and Gulf Cooperative Insurance Company. This strategic move laid a strong foundation for GGCI’s presence in the insurance industry.
Comprehensive Insurance Coverage
GGCI offers a wide range of insurance solutions for both individuals and corporate clients. We design these services to deliver comprehensive risk protection across multiple sectors, including:
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Motor Insurance
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Health and Life Insurance
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International Travel Insurance
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Marine and Engineering Insurance
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Fidelity and Property Insurance
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General Liability
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Personal Accident Coverage
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Medical Malpractice Insurance
These diverse offerings help clients protect their assets, ensure compliance, and reduce exposure to risk. Leading international reinsurance partners support the products of GGCI. This partnership ensures global standards in risk management and financial security.
Regulatory Compliance and Market Presence
The company operates under the supervision of the Insurance Authority, ensuring full compliance with national regulations. This oversight guarantees policyholder protection and the delivery of ethical, transparent services. Clients across Saudi Arabia recognize GGCI as a trusted insurance provider. We build our reputation on reliability, customer focus, and innovation.
Our Core Values
At GGCI, our culture is shaped by a set of core values:
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Entrepreneurship: We embrace innovation and adaptability in every aspect of our operations.
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Passion: We are passionate about doing the right thing and always treating customers with fairness.
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Integrity: We act with honesty and commitment in every interaction with stakeholders.
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Collaboration: We believe that working together makes us stronger and more capable of delivering results.
Looking Ahead
Gulf General Cooperative Insurance Company (GGCI) follows a clear mission and maintains a strong operational base. This foundation positions the company for continued future growth. We remain committed to delivering reliable, customer-focused insurance solutions that support the evolving needs of the Saudi market.
