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One of the major benefits of the composition and structure of GII is that it is an organisation primarily funded by capital provided by its shareholders who are seven major insurance corporates in the region. Whilst we strive to maintain a reasonable profit and return on investment for our shareholders, we are equally motivated to accomplish our mission of developing human resources for the insudstry and providing opportunities for training and development for persons pursuing a career in our industry in the MENA region. Therefore, funding the institute does not rely on funding from the services it provides directly to its members as in other "not for profit" membership bodies but we also generate our revenue from activities that we provide as a training provider of choice to employers.We are therefore able to maintain our membership fees and those fees directly paid by members at a reasonable and accessible level.
The following are our currnet annual fees:
In addition to the annual membership fee, there shall be a fee of BHD10 (USD 30) payable on registration. The main purpose of the membership fees is to support certain services directly provided to individual members such as reseach papers and sponsorships. Therefore this revenue shall be administered by the institute under the direction of the Qualifications and Standards Council for the benefit of and in furtherance of the members' collective professional development. The Institute reserves the right to terminate the membership of any person in default of payment of the appropriate annual fee. In such cases, that individual shall not be entitled any longer to use the designations he earned whilst a member. |
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The Gulf Insurance Institute held a ghabga for their staff members and their families during the Holy month of Ramadan at the Khaimat Al Khaleej Tent in Gulf Hotel.
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Congratulations to the all candidates who passed their examination for the CII's Award in Financial Planning. GII recently conducted intensive tuition classes for a group of employees from HSBC Bank Middle East .
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Mr. Bayan Jaberi and Mr. Yasser Shoab attained the Associateship of the Gulf Insurance Institute on the successful completion of the Insurance Principles and Practice certification along with the Applied Insurance Studies certificates. Being an AGII enables them to demonstrate their commitment to learning and understanding the technicalities of insurance to their customers, employer and peers.
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GII congratulates the first batch of candidates of the Al Rajhi Capital's Talent Development Programme on their completion of the four-month intensive training in Wealth Management certification offered by the CISI (Chartered Institute for Securities and Investments) and the CME-1 mandatory certificate by CMA, Saudi Arabia including personal development skills, sales skills and the bespoke module for Al Rajhi Capital "Building and Maintaining Customer Relationships".
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Five employees from Oman insurance Company in UAE have been awarded Associate membership (AGII) following their completion of the number of credits required. The new associates are: Samir Hemsi, Victoria Chisomo Mazinga, Edith Chisomo Mbawa, Ferial Bennai, Ammar Fahim Shehadeh. GII welcomes its six new Associates and wishes them all the best for their careers and their future.









