Gulf Warranties is a leading provider of automotive extended warranty services in
the Middle East.
Gulf Warranties is headquartered in Dubai, UAE and operates through a network of
branch offices in Bahrain, Kuwait, Qatar, Oman and Saudi Arabia with future plans
of expanding into North Africa and Asian subcontinent.
In 1994, a joint venture between Oman National Insurance Company and Warranty Holding,
UK, created a dedicated division under the name of Gulf Warranties. They pioneered
the concept of extended warranties for the automotive industry, by playing a crucial
role in increasing car sales and service retention. By partnering with other leading
insurance companies, within the Arabian peninsula, Gulf Warranties
is able to offer the concept and product of extended warranty throughout the region.
Today more than a decade since its inception, Gulf Warranties
has emerged as the premier and the only ISO 9001 - 2009 certified Warranty Company
in the region, with a track record of consistent growth. The Company operates in
7 countries, through a network of fully-equipped offices, staffed with a highly
committed industry specific professionals.
Gulf Warranties continues to set the pace in the
industry to meet changes in market and customer demands. To this end, a new brand
was launched - 'Warranty Plus'.
More than just being a warranty, 'Warranty Plus'
encompasses an entire spectrum of 'peace of mind' products and services, all adding
to our extensive portfolio. These products are available through our offices, throughout
the Gulf.
Gulf Warranties continues to operate as the number one preferred provider and administrator
of vehicle extended warranty insurance products in the Gulf and near east countries.
We have long term business partnerships with almost most dealers throughout the
GCC.
Since inception in 1994, over 450,000 policies have been written generating a gross
premium revenue of 126 million USD and over 69 million USD. paid out in claims to
customers in the region.
Regionally Gulf Warranties provides a range of extended warranty products in conjunction
with the leading Insurance companies and re-insurance support from the region’s
largest re-insurer, Arab Insurance Group thereby offering complete Peace
of Mind Motoring
It will be interesting for you to know that Arab Insurance Group ("B++","bbb+") who have been our reinsurers for
the last 15 years took a major stake in the company end of 2002. The growing confidence
in Gulf Warranties and the promise of a bright future helped them to make this decision.
For an administration company like ours, this gives immense strength as it ensures
a continuing reinsurance support. It also gives us greater flexibility which in
turn can improve our service levels to customers. We have been in a position to
obtain excellent rates for your organization.
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