Misr Life Insurance Set To Launch Bancassurance

Misr Life Insurance Company has announced that it is ready to launch bancassurance services in May and that it will deal with a large number of banks to offer the service, after the Governor of the Central Bank of Egypt Hisham Ramez announced the re-launch of the service in May.

The company’s financial resources, technical capabilities, high-level human resources and high number of branches which reached 184 will enable it to compete strongly in offering bancassurance services, Saeed Gabr, managing director of the company, said.

It is noteworthy that Dr. Mohamed Youssef, chairman of Misr Insurance Holding Company, announced that Misr Life Insurance Company acquires the seventh rank among Arab insurance companies according to its capital index.