Al-Sharq Insurance Brokerage Signs Contract With Egyptian Takaful Non-Life

Al-Sharq Insurance Brokerage Company has signed a contract with Egyptian Takaful Insurance Company (Non-Life) to market its products in the upcoming period, said Al Husseini Abdel Aziz, Chairman and Managing Director of the brokerage company.

The company plans to contract with the Egyptian Takaful Insurance Company (Life) tomorrow to increase the number of insurance companies it deals with to 5 companies as it earlier contracted with Misr Insurance Company, Egyptian Saudi Insurance House and Arab Misr Insurance Group (AMIG), he added.

The company reviews many CVs of insurance brokers and producers to appoint them in the company. The current unrests have delayed signing many contracts, he noted.

Al-Sharq Insurance Brokerage Company is a family holding company of which Abdel Aziz owns 80% and his sons own 20%.