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Delta Insurance Company renewed the insurance policies of Vodafone Egypt and Abou Ghaly Motors for a year, said Ibrahim Labib, head of motor insurance sector at the company. The value of premiums of each insurance policy is EGP 1.5 billion, he added.
The insurance policies cover the companies’ car fleets against risks of fire, burglary, damages, miscellaneous accidents, riots and disturbances.
The volume of the company’s motor insurance policies reached EGP 38 million in the first half of FY 2012/2013.
It is worth mentioning that Delta Insurance Company’s direct premiums of motor insurance sector reached EGP 14.6 million in Q1 of FY 2012/2013.
