Egyptian Takaful to Apply Bancassurance Activity via Bank Audi in November

Managing Director of Egyptian Takaful Life Insurance Company Hisham Abdel Shakour said his company is seeking marketing two new products through Bank Audi branches by the upcoming period.

The new partnership with Bank Audi will contribute in developing the products to meet with the clients’ needs, noting that the bancassurance protocol will be officially activated by the next month, Abdel Shakour added.

Egyptian Financial Supervisory Authority (EFSA) and Insurance Federation of Egypt played an important role in restoring banking insurance activity in the Egyptian market, Alaa El Zohairy Managing Director of Arab Misr Insurance Group (GIG) said.