Business insurance · Jordan
gig Jordan (Arab Orient)
Jordanian arm of Kuwait-based Gulf Insurance Group, majority-owned by Fairfax, with an English engineering line
Market position
GIG Jordan says it was founded in 1996 as Arab Orient Insurance Company and joined Kuwait-based Gulf Insurance Group (GIG) in 2009. Canada's Fairfax Financial Holdings became GIG's largest shareholder in 2023 and later raised its stake to 97%, according to GIG Jordan. It is listed on the Amman Stock Exchange (GIGJ).
Jordan-specific note
GIG Jordan's engineering page lists Contractors' All Risks, Contractors' Plant and Machinery, Machinery Breakdown, Electronic Equipment, Deterioration of Stock and Boiler cover, and its general lines include professional indemnity and employers liability. Each engineering policy has an online quote-request form.
Pros
- + English engineering page lists Contractors' All Risks and Plant and Machinery
- + Online quote-request form for each engineering policy
- + Also sells professional indemnity and employers liability
- + Part of Kuwait-based Gulf Insurance Group
Cons
- − No prices published; cover is quoted
- − No erection all risks or decennial policy listed on the engineering page
- − Quote request is a form, not an instant online price
Typical Jordan pricing
Quote-based; no public prices. GIG Jordan takes quote requests through an online form on its site.
Why this matters for Jordan trades
The ISTD administers income tax, 16% general sales tax and the JoFotara e-invoicing system, so contractors issuing invoices should confirm that their accounting software is linked to JoFotara. Under the Construction Contractors Law, no one may practise contracting without registering with the JCCA, and no ministry, municipality, public shareholding company or other entity may sign a works contract with a contractor who is not registered and classified; the Government Tenders Department manages contractor licensing and classification and publishes the Contractor Classification Instructions of 2020. Engineering studies and designs may be prepared only by offices registered with the JEA, companies register with the Companies Control Department (CCD), and employers pay Social Security Corporation contributions of 14.25% of insured wages, with 7.5% from the employee, according to PwC’s tax summary.
Jordanian construction and trades software selection is shaped by JoFotara, the national e-invoicing system run by the Income and Sales Tax Department (ISTD): its invoicing regulation recognises e-invoices issued through JoFotara or software linked to it, and Jordanian press reported that use of the system became mandatory from the start of April 2025. Add 16% general sales tax, Social Security Corporation contributions on insured wages, registration and classification with the Jordan Construction Contractors Association (JCCA) for works contracts, and Jordan Engineers Association (JEA) registration for engineering work.
Frequently asked
Is gig Jordan (Arab Orient) a good fit for Jordan trades?
GIG Jordan says it was founded in 1996 as Arab Orient Insurance Company and joined Kuwait-based Gulf Insurance Group (GIG) in 2009. Canada's Fairfax Financial Holdings became GIG's largest shareholder in 2023 and later raised its stake to 97%, according to GIG Jordan. It is listed on the Amman Stock Exchange (GIGJ). GIG Jordan's engineering page lists Contractors' All Risks, Contractors' Plant and Machinery, Machinery Breakdown, Electronic Equipment, Deterioration of Stock and Boiler cover, and its general lines include professional indemnity and employers liability. Each engineering policy has an online quote-request form.
What does gig Jordan (Arab Orient) cost in Jordan?
Quote-based; no public prices. GIG Jordan takes quote requests through an online form on its site. Pricing and availability can change by region; confirm current Jordan pricing on the vendor's site before committing.