Integrated Ethical Value Model – Surplus-Driven, Hybrid-Structured Takaful Innovation Qorus-NTT DATA Innovation in Insurance Awards 2026

1. Concept & Objectives

The innovation aimed to strengthen the core value proposition of Life Takaful by integrating:

• Tangible participant value through surplus distribution

• Comprehensive one-stop-shop product architecture

• Hybrid servicing excellence in medical portfolios

• Hybrid Shariah-compliant investment governance

The objective was to modernize Islamic insurance without compromising its cooperative principles.

2. Surplus Distribution as a Differentiator

GIGLT has maintained surplus distribution for five consecutive years — the only Life Takaful insurer in Egypt to do so

GIGLT_Best Takaful Company.

This innovation transforms Takaful from a theoretical ethical structure into measurable customer value by:

• Sharing underwriting profits with participants

• Reinforcing risk-sharing integrity

• Enhancing retention and trust

• Demonstrating disciplined underwriting governance

Surplus distribution becomes a strategic loyalty engine, not merely a compliance outcome.

3. One-Stop-Shop Protection Ecosystem

GIGLT built a diversified product platform covering:

Individual Solutions

• Term Protection (YRT & Level Term)

• Unit Linked Savings Plans

• Retail Medical

• Accidental & Hospitalization

Commercial Solutions

• Employee Benefit: Group Life, Group Medical, Group Pension

• Group Credit Life

• Educational Protection

4. Hybrid Medical Servicing Model

Medical portfolio management operates through:

• External TPA for operational efficiency

• Internal portfolio team for governance, underwriting monitoring, and institutional relationship management

This hybrid model ensures:

• Service scalability

• Direct client oversight

• Cost discipline

• Performance accountability

Few operators combine outsourced efficiency with internal strategic portfolio control.

5. Hybrid Investment Model

GIGLT developed a dual-layer Shariah-compliant investment architecture:

• Internal Investment Committee governance

• Strategic allocation oversight

• External professional asset managers

• Diversified access to equities, gold funds, REITs, and multi-asset solutions

  GIGLT_Best Takaful Company

Net investment yield reached 20.02% (Dec 2025) .
this investment strategy was awarded "GIGLT_Best Takaful Company award' from Cambridge for 3 consequtive years (2023, 2024 & 2025)