News & Event Details

Gulf Insurance Group – Jordan (GIG – Jordan) has been awarded the Fairfax Innovation Award for 2022 for its project “GIG-AutoParts”, out of 25 projects submitted by 12 companies from the Fairfax Group worldwide.

This notable accomplishment establishes GIG – Jordan as the first company in the Middle East to win this award, following previous winners Odyssey Group in 2021, KI BRIT in 2020, Fairfirst in 2019, and The Zenith in 2019. The announcement was made during the General Assembly of Fairfax held in Toronto, Canada.

The company marked this momentous occasion by celebrating in the presence of the Chairman, Board members, and the team. The GIG-AutoParts system, a comprehensive solution that enables digital trading of auto parts for users, vehicle spare parts suppliers, repair workshops, car dealerships, and insurance companies, was acknowledged for its numerous benefits such as secure and precise data management and enhanced operational efficiency.

Notably, the company achieved an 11% reduction in accident cost rate and an over 30% increase in the response level of service providers.