By Industry



ENERGY

The regional energy industry has never been more central on the world stage. Fundamental shifts of ownership, wealth, risk, and commodity prices are being driven by the imbalance between global supply and demand. We have a deep understanding of the industry and do provide services to upstream and downstream energy clients including oil and gas. We retain flexibility in our service schedule to accommodate our clients' requirements. Our services include risk analysis, program design, marketing and placing. Our International Associates also provide risk engineering, project risk management and claims services. Our approach is always tailored to clients' priorities and needs and aims to minimize the cost of risk transfer with the broadest possible coverage. These solutions come from our access to, and relationships with, global insurance markets. By leveraging global market capacity, we help to provide favorable terms and conditions to our clients


TRANSPORTATION

Transportation affects nearly every enterprise around the world. Transportation exposures, however, can present significant financial and operational challenges to firms in this industry. Rising fuel costs, employee shortage and retention issues, credit risks, marketplace competition, these and other exposures can have a severe impact on a company's bottom line and impede its overall success.

We analyze clients' full spectrum of hazard, operations, strategic and financial risks, then develops forward-looking solutions to avoid, mitigate, or transfer risk. We offer a comprehensive, consultative approach to risk management and deliver the solutions that help clients achieve the rewards that lie on the other side of risk.


SPORTS AND EVENTS

In the sports industry, the rules of play change constantly. Sports organizations must deal with an ever-evolving array of challenges such as venue security, the increasing frequency of litigation, and star players becoming entangled in third-party suits. These risks can threaten organizations' ability to compete in this dynamic and high-profile marketplace With solid market relationships worldwide through our global partners GIB can help provide customized coverage and limits that address the specific concerns of each client. Further, we present our programs in a creative and dynamic manner that differentiates us in the insurance marketplace. Understanding the risk issues of our clients' businesses is essential to our ability to provide services and solutions that meet their needs. Our dedicated sports industry colleagues provide exceptional transaction capabilities and innovative solutions and have a rare and distinctive depth of knowledge not only of the insurance marketplace but also of the specific risk issues faced by our clients. Through the lens of our industry specialists we are able to focus on the trends and risk issues specific to our clients' needs. Our clients include:

  •  Local, National and international associations.
  •  Professional Clubs
  • Athletes
  • Venue owners
  • Broadcasters & sponsors
  • Leisure industry


RETAIL / WHOLESALE

Retailing is one of the world's largest industries. As retailing and wholesaling have become more global, competition has intensified. In addition to the global economic downturn, today's retailers face a wide range of challenges, including industry consolidation, employee attraction and retention, and business continuity. And as always, consumers are demanding ever higher quality, at ever lower prices, for the products they buy. For a retail business, these trends create a host of risks: strategic, financial, operational, and hazard all of which can prove costly.

We specialize in addressing the risk and insurance needs of retailers and wholesalers. Our approach includes a thorough assessment of client risks and solutions tailored to meet clients' specific needs.


REAL ESTATE

Real estate owners, managers, and developers operate in a dynamic industry in which every day "bricks and mortar" risks such as natural hazards co-exist with more complex challenges, including environmental liabilities, partnership and contractual obligations, and stricter lending requirements. The ever-changing nature of the industry is bound to spawn new risks that must be dealt with.

We help its real estate clients identify, quantify, and manage their risks using an array of services and solutions Our long term commitment to the industry is reflected in our understanding of your business. We are accustomed to the responsibilities of landlords to their tenants and of the risk exposures a property investor must consider. There is no need for our clients to spend valuable time educating our staff on the complexities of the property world.


POWER AND UTILITIES

As the backbone of the industrial world, a utility's primary goal would seem to be simple: absolute consistency and reliability. But this is no easy task in an environment that is constantly evolving on several fronts: in technology, world politics, government regulation and the marketplace.

At GIB we understand the complexities of the electric, gas, water and alternative energy industries. We have experience with all the potential exposures and risk management options for utilities. We have learned that the right solution to a problem can yield benefits beyond risk management and provide a utility company with the tools it needs to compete more effectively in the global marketplace.

We offer specialized insurance brokerage, loss control and claims management services to the industry. Some risks are manageable and can be retained, while others should be transferred to those better suited to accept those exposures. Success lies in the ability to quickly and accurately determine which is which. We help companies evaluate risk and determine ways to remove or alleviate risk exposure that could significantly impact future profitability and help ensure that the lights can always be turned on


MINING, METALS & MINERALS

Mining is complex and international, but an effective insurance and risk management program can reduce the cost of risk and help satisfy a variety of regulatory requirements.

We guide clients through the process of creating insurance programs that are closely aligned to a company's risk tolerance and evolve as a project moves from exploration, to design and into the operational phases. Our experience is vast in risk analysis, risk mitigation and insurance broking. Our ability to offer pre-underwriting advice on loss control, project risk management and claims means that we help our clients turn risk into opportunity. We can help mining clients secure the best coverage, rates, and terms available, and offer services that include comprehensive due diligence studies and alternative risk financing programs.


MARINE

The commercial shipping industry, which transports more than 90 percent of the world's cargo, is complex, volatile and constantly evolving.

We have skills in all aspects of the marine industry and its insurance markets globally, with a specialist focus on mega-yachts, hull and machinery, ports, terminals and logistics companies, cargo and dockside vehicles, protection & indemnity and other marine liabilities, shipyards and claims management policies. GIB in coordination with our global resources enables you to manage risk more effectively and economically, providing coverage that is based not on what the markets can do, but on your specific insurance needs. The maritime industry demands specialist knowledge; our product lines drive our global service approach and augment our capabilities with professionals who are dedicated to providing expertise and innovation


MANUFACTURING

We provide the focused expertise needed to help businesses navigate the complex issues revolving around the operation of their business.

The manufacturing industry, like others, has experienced a series of very challenging developments since 2008. The global recession, coupled with a drop in business and consumer spending, has caused a dramatic slowdown in demand for manufactured goods. In addition, manufacturers face a credit crisis and a spike in energy costs, which they may not be able to pass on to consumers.

GIB coordinates its resources in risk management consulting and insurance placement execution to help clients to reduce cost, identify exposures, quantify risk, find ways to mitigate losses and reduce the cost of risk. Our professionals understand the key issues and trends affecting manufacturers, and bring an informed approach and creative solutions to help clients manage traditional and new risks.


CONSTRUCTION AND DESIGN

GIB is a regional leader and risk advisor that can support a company and its construction projects from project inception to project completion and beyond. We understand construction and project management risks and help companies to control their total cost of risk through solutions aimed at deploying capital effectively. By managing costs and processes companies are able to decrease expenses, increase revenues, improve margins, and grow the overall value of their assets and portfolio to make them more successful and competitive.

We provide risk management and insurance services to serve the needs of some of the leading construction companies in the markets we operate in. We also have considerable expertise in handling lender financed projects and the mechanisms required to ensure full compliance with the project requirements.


COMMUNICATIONS, MEDIA & TECHNOLOGY

We provide its clients with expertise that helps them meet their risk challenges. We service clients in the following CMT industry sectors and have market positions serving emerging growth and mid-cap companies:

  1.  Communications: Wireline Wireless; Communications Technology; Telecommunication Services
  2.  Media: Publishing; Broadcasting & Cable; Internet & New Media; Diversified Media
  3.  Technology: Software; Hardware; Semiconductors; Electronics; Manufacturing; IT Services


CHEMICAL

We provide risk management services and innovative solutions for companies involved in the production, importation and use of chemicals.

Organizations that benefit from our expertise include specialty chemical companies, small and intermediate chemical companies, petrochemical companies as well as industries where the use of chemicals form a significant part of their business activities.

This challenging environment has given rise to a new set of risks as well as heightened concern with traditional exposures.

GIB with the support of its global recourses creats a truly differentiated client experience. An experience based on brokerage excellence, analytical rigor, deep intellectual capital and access to unrivaled global talent. Industry expertise is particularly relevant in an industry where managing risks is a core business objective.


AVIATION

In the aviation industry regional air passenger traffic remains strong, and airlines are re-equipping their fleet, which means increasing insurance coverage to protect the higher values of new aircraft. GIB has the global resources to provide expertise in general aviation, aviation products liability and airlines.

GIB associates are brokers to some of the world's largest airlines, manufacturers, helicopter operators and airports. Our global resources make us the broker of choice for many smaller firms around the world. Our clients, large and small, choose us because they value our specialized knowledge, not only of the aviation & aerospace insurance markets, but also our knowledge of their businesses. The objective is to provide our clients with the best possible service.


AUTOMOTIVE

GIB works with a diverse group of automotive dealers, suppliers and related industry elements to develop innovative solutions that help clients avoid, mitigate and/or transfer their risk exposure.

Even before the global economic downturn, automotive companies had been facing a wide range of challenges and risks including ever-increasing competition and consumer demands, regulatory and labor issues, product recalls, outsourcing, bankruptcies and more.

With so much at stake, automotive companies need a trusted advisor with the experience and resources to help them successfully manage their risk. Even before the global economic downturn, automotive companies had been facing a wide range of challenges and risks including ever-increasing competition and consumer demands, regulatory and labor issues, product recalls, outsourcing, bankruptcies and more


AGRICULTURE

GIB provides consultancy and broking services to dairy, feed/seed/grain, horticulture (including greenhouse growers of edible and non-edible produce), poultry and egg producers, and red meat producers.

Staying competitive in the dynamic world of agribusiness requires a sophisticated understanding of individual companies' businesses. With continuous industry changes, there are new risks that need to be identified, quantified, managed, and either retained or transferred.

We have hands on experience in providing advisory and transactional services to dairy, feed/seed/grain, horticulture (including greenhouse growers of edible and non-edible produce), poultry and egg producers, and red meat producers.


Contact Info

  •   HEAD OFFICE - RIYADH Office #404, 4th Floor, Madarat Towers #2, (Old) King Abdulaziz Rd, P.O. Box - 28629, Riyadh - 11447, KSA

    BRANCH OFFICE - Jeddah
    Office #203, Al-Andalus Street, Behind ANB Bank, PO Box 136373, Jeddah 21313, KSA

    BRANCH OFFICE - Khobar
    Office No.402, floor 4th, Eastern Cement Towers, Dammam Al Khobar High Way, KSA

    BRANCH OFFICE - Madinah
    Sultana Street, Near NCB Bank AL RAYAN DIST Sherbini Building, 4th Floor MEDINA, KSA

Contact Us

  •   Riyadh: 966 (1) 2717222
    Jeddah: +966 (11) 271 7222
    Khobar:+966 (11) 271 7222
    Madinah:+966 (11) 271 7222



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