GCC Insurance Daily
The day's insurance news across the GCC: regulation, governance, AI in insurance, and people moves. Curated, attributed, and linked to the source.
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IHC-backed aggregator Shory launched Shory AI at Ai Everything Abu Dhabi: a bilingual chat agent that compares car insurance quotes, explains cover and exclusions, and completes the purchase. It moves the aggregator model from search results to an agent that makes the sale, which raises questions about how product suitability and disclosure are evidenced when no human sits in the journey.
Bank of Bahrain and Kuwait used Fintech Forward 2026 to launch motor renewal for its Secura-branded policies, underwritten by Bahrain Kuwait Insurance Company, directly in BBK Mobile. Customers review the existing policy, choose a renewal plan, pay and receive documents without leaving the app, a small but useful step for bancassurance retention.
Mumtalakat-owned marketplace Mazad signed with Bahraini insurance aggregator Soor so buyers can compare and buy policies from licensed local insurers at checkout, starting with vehicles and real estate. Another Fintech Forward deal that puts insurance at the point of sale rather than in a separate purchase.
Gulf Insurance Group disclosed Capital Markets Authority approval to issue up to KD100m of Tier 2 capital bonds. This follows the insurance regulator's clearance earlier in the week and leaves GIG free to go to market, giving it extra solvency headroom at a time of elevated regional claims.
Loss adjuster Sedgwick has appointed Chris Gibson, a major and complex loss specialist with nine years in Dubai and Qatar, as Managing Director, Middle East, with a focus on aviation, energy and marine. Mike Brogden, CEO Middle East since 2019, retires at year-end. The timing matters, given the volume of conflict-related property and energy losses now being adjusted in the region.
The General Arab Insurance Federation chose Bahrain to host GAIF36 in 2028, its first time since 2008, with Morocco following in 2030. The decision was announced as the Dead Sea gathering closed under new chairman Majed Smairat.
Each item is a short editorial summary with a link to the original source. Items marked Rumour · unverified are unconfirmed and should be treated with caution. Compiled automatically; corrections welcome.