Who are we
Gulf Warranties (GWIS) was established in KSA in 2015 under SAMA License No 13/36102/ش/ت س م, as a joint venture between GWL Bahrain and Buruj Coop. Insurance Co & has currently 2 office in Riyadh & Jeddah. In 2019 Gulf Insurance Group proposed to buyout all shares of GWL Bahrain in GWIS which is approved by SAMA and completed in 2020
Gulf Warranties (GWIS) is a leading Third Party Administrator (TPA) licensed by the Saudi Arabia Monetary Agency (SAMA). GWIS’s license was renewed in 2019 for another 3 years and will be renewed in Feb 2022.
GWIS’s core ethos is to provide of quality Claims Management Services to its clients combined with a personalised customer oriented approach, delivered in a transparent manner with the provision of the tools and procedures to facilitate transparency and communication.
Gulf Insurance was established in 1962.It is a public shareholding company listed on Boursa Kuwait and a consistent market leader in Kuwait in terms of premiums written. The Group is among the largest and most diversified insurance groups in the Middle East and North Africa region. Gulf Insurance Group is one of the leading private insurers (By Gross Premium Written) with a strong competitive market position in Kuwait, Jordan, Bahrain and Egypt. Furthermore, the Group has operations in Syria, Iraq, Lebanon, Saudi Arabia, Algeria, Turkey, and the United Arab Emirates. The Group's both revenue and earnings are well diversified geographically.
Buruj Cooperative Insurance Company is a multi-line non-life insurance underwriter licensed by the Saudi Arabian Monetary Authority (License number : ت م ن /20105/28 and monitored and supervised by SAMA) via Royal Decree No. M-32 dated 02/06/1424H (01/08/2003), and in accordance with SAMA Governor Decision No. 67/431 dated 12/06/1431H (25/05/2010).
Commercial Register No. 1010280606 dated 10/02/1431H. (25/01/2010).
The company underwrites health, and property and casualty insurance including motor, accident, property, liability, marine, engineering, travel, and extended warranty.
Buruj is incorporated in Riyadh, the capital of Saudi Arabia. The company headquarters are located in As Sulimaniyah District, Prince Abdulaziz Ibn Musaid Ibn Jalawi street, building number 7304, Phone number +966 11 2938383, P.O.Box 51855 Riyadh 11553.
Buruj operates through regional offices in Riyadh, Jeddah, and Khobar with a wide network of service locations operated directly or through licensed and approved agents.
Paid-up capital is SAR. 300,000,000 as of January 1, 2019.