Learn about Gargash Insurance's rich legacy as an insurance broker & how it continues to shape the industry as the preferred choice for insurance solutions

From Humble Beginnings to Insurance Pioneers: The Historical Journey of Gargash Insurance in UAE

Over the past 30 years, Gargash Insurance has established itself as one of the most reliable and leading insurance intermediaries in the UAE.

Gargash Insurance proudly holds the prestigious ‘International Professional Partner Firm’ (IPPF) title awarded by the Chartered Insurance Institute (CII) in UK, highlighting its unwavering dedication to professional competence and service excellence in the insurance industry. With branches in Dubai, Sharjah and Abu Dhabi, Gargash Insurance has earned its reputation as a trusted broker for individuals and businesses seeking comprehensive insurance solutions.

 

Quick Read Section

• With roots tracing back to 1958, Gargash Insurance is a premier insurance intermediary with offices in Dubai, Abu Dhabi, and Sharjah, serving both corporate and retail customers across the UAE.
• Gargash Insurance offers a wide product portfolio that includes insurance and risk solutions such as Car, Health, Business, Home, Life, Travel and Pet insurance policies.
• Gargash Insurance's enduring legacy, and commitment to customer satisfaction have positioned it as a trusted insurance intermediary in the UAE, serving a broad spectrum of customers with tailored solutions.
• Choosing Gargash Insurance guarantees that your insurance requirements will be proficiently managed by CII-certified insurance professionals with a cumulative experience of more than 350 years.

 

This article delves into the rich history of Gargash Insurance, from its inception to becoming a leading name in the insurance industry.

 

The History of Gargash Insurance

Gargash Insurance, is a well-established and trusted name in the insurance industry in the United Arab Emirates (UAE).

Since its establishment, the company has been providing insurance brokerage and risk management solutions to individuals and businesses in the UAE.

Built upon a robust insurance heritage that traces its roots back to 1958, Gargash Insurance has solidified its position as a premier insurance intermediary in UAE over the years. With the headquarters in Dubai and branches in Abu Dhabi and Sharjah.

Gargash Insurance offers client’s comprehensive coverage and personalized risk management services, ensuring their needs are met anywhere in the UAE.

Within the Gargash Group of Companies, Gargash Insurance has a network of affiliate partners including:

• Gargash Auto:

Gargash Auto is a one-stop destination for all things automotive, with a specialization in German and luxury cars. Established in 2005, their mission is to bring transparency and affordability to the after-sales automotive industry.

• Gargash Hospital:

Gargash Hospital stands as the UAE's first pioneering multi-specialty tertiary care facility owned and led by women. Founded by the accomplished Dr. Husnia Gargash, the hospital primarily focuses on women's health and childcare and specializes in IVF, Gynecology, Obstetrics, and General Health.

• Falaj Dates

Falaj Délicatesse, founded in 2021, is a date producer situated in the UAE that specializes in handcrafted, premium-quality dates. Falaj Dates presents an array of delectable delights, such as Hand-Coated Belgian Chocolate Dates, Caramelized Pecan Dates, and Premium Khalas Dates. With the advantage of cultivating, Falaj Délicatesse guarantees the freshest and most flavorsome date products in the UAE.  

• Yalla Deals

 Yalla Deals, an innovative UAE-based platform, revolutionizes online buying and selling with AI-driven classifieds. Their unique approach leverages E-Socializer, an AI-powered Social Media Marketing Engine, ensuring ads reach the right audience through automatic campaigns on various platforms. With advanced features like ad performance analytics and 360-degree virtual tours, Yalla Deals offers an exceptional user-friendly experience.

 

Gargash Insurance- In the Present Day

Drawing upon an extensive comprehension of the insurance sector and regulatory intricacies, Gargash Insurance cultivates strong alliances with esteemed national and international insurers, both within the UAE and on a global scale. With over 350 dedicated insurance experts, the cornerstone of Gargash Insurance's journey of success has consistently been its unwavering commitment to placing the customer at the heart of its business model.

Gargash Insurance takes immense pride in its commitment to delivering excellence, catering to a diverse clientele that includes leading business conglomerates, multinational corporations, property developers, major contractors, traders, service-oriented companies, small to medium enterprises, and individual customers.

 

Mission and Vision

Gargash Insurance was founded with the vision of being the first choice for insurance solutions, delivering customer delight.

Gargash Insurance’s Mission statements are:

• We shall provide professional, comprehensive and competitive Risk Management and Insurance Solutions to all our customers. We believe that communicating with and educating our customers on an ongoing basis is critical in ensuring continuous customer protection and delight.
• We shall create and nurture a challenging and rewarding environment for our employees to develop and grow their careers. We shall achieve this by training, empowerment and recognition.
• We shall ensure consistency and optimal return maximising customer and employee satisfaction and supplier relationship. We shall be a socially responsible organisation and contribute meaningfully to this end. Our core values will be based on strategic planning, transparency, reliability, innovation and accountability.

 

Management Team

Led by a committed group of certified and seasoned insurance professionals, Gargash Insurance's management team boasts extensive expertise in diverse financial services sectors. Their visionary leadership has played a pivotal role in establishing Gargash as a prominent name in the Middle East's insurance industry.

Gargash Insurance’s senior management team consists of more than 20 seasoned insurance professionals, boasting a combined industry experience of over 350 years.

 

Key Milestones

• Gargash Insurance was the first in the region to receive the prestigious accolade of the “International Professional Partner Firm (IPPF)” title, bestowed by the esteemed Chartered Insurance Institute (CII) in UK.
• Leveraging a robust national and international network of insurance partners, Gargash Insurance has fostered formidable relationships with leading insurance companies, both in UAE and the GCC countries.
• Gargash Insurance currently serves as a Correspondent network broker for distinguished entities such as Chubb, and Euribron network.
• Recognizing the importance of technology in simplifying the insurance process, Gargash Insurance has also recently developed its 24x7x365 chatbot service ‘GIA’, making it easier for customers to access information and insurance services any time online through its official website portal, WhatsApp, Facebook, and Instagram.

 

Products and Services

Gargash Insurance excels in a wide array of insurance product categories, encompassing Personal Insurance, Corporate Insurance, Special Risks, and Life & Investments.

Business Insurance and risk management solutions include:

• Assets and Pecuniary Insurance: Gargash Insurance provides comprehensive property insurance policies, offering protection for businesses and their valuable assets against unforeseen risks and damages.
• Employee Benefits Insurance: Gargash Insurance offers employee benefits insurance policies such as Group Health, Group Life and Group Critical Illness covers to support businesses in providing valuable perks to their workforce.
• Liability Insurance: Gargash Insurance offers liability insurance coverage for businesses, protecting them against legal and financial liabilities towards third parties.
• Project/ Construction Insurance: Gargash Insurance offers specialized insurance policies, providing comprehensive coverage for construction projects and infrastructure developments by businesses.
• Marine & Aviation Insurance: Gargash Insurance offers specialized marine and aviation insurance covers, providing comprehensive coverage for businesses that own vessels, cargo, and aviation assets.
• Indemnity Insurance: Gargash Insurance offers indemnity insurance that help businesses safeguard against legal liabilities stemming from professional services and counsel, ensuring peace of mind and protection against unforeseen challenges.

 

Personal Insurance and risk management solutions include:

• Car Insurance: Gargash Insurance offers comprehensive car insurance solutions, ensuring that individuals get reliable coverage for their vehicles, including used, luxury, and high-performance cars.
• Health Insurance: Gargash Insurance provides extensive health insurance options, catering to the well-being of individuals, investors and families, with access to a network of top-tier medical facilities and healthcare specialists.
• Travel Insurance: Gargash Insurance offers travel insurance plans to safeguard business and family travelers against unexpected events, ensuring peace of mind during their journeys.
• Home Insurance: Property owners can protect their homes and assets with Gargash Insurance's home insurance policies, designed to cover various risks, including damage, theft, and more.
• Pet Insurance: Gargash Insurance offers comprehensive pet insurance policies designed to safeguard the well-being of furry companions. With coverage for veterinary care, accidents, illnesses, and more, pet owners can ensure that their pets receive the best care possible.
• Life Insurance: Gargash Insurance provides tailored life insurance policies that offer financial security and peace of mind for individuals and their loved ones.

 

Why Choose Gargash Insurance Brokers?

Gargash Insurance boasts a team of experienced & certified insurance professionals who understand the complexities of the insurance landscape in the UAE and offer valuable insights and guidance to customers regarding their risk profile and mitigating solutions.

Customer satisfaction is at the heart of Gargash Insurance's vision and mission as we prioritize transparency, responsiveness, and accessibility, ensuring that our customers have a seamless experience throughout their insurance journey.

Our insurance professionals take a personalized approach to risk management, recognizing that one size does not fit all. We work closely with customers to personalize insurance packages that align with their unique requirements and budget.

 

Conclusion

Gargash Insurance's journey from its inception to becoming a reputable and formidable insurance intermediary in the UAE is a testament to its unwavering commitment to prudent risk solutions and personalized customer service. With a rich history and a bright future ahead, Gargash Insurance continues to be a trusted partner for individuals and businesses seeking comprehensive insurance solutions.

Contact us today for all your insurance needs!