Insurance companies in Egypt are competing over winning the tender to provide the insurance coverage for the Heliopolis Association’s holdings and assets.
The Heliopolis Association seeks insurance coverage over its assets including Future Library, Heliopolis Library and Child Museum against fire, robbery, liability and accidents, in addition to extending life insurance coverage to the Association’s staff, said Walid Sayed, deputy general manager of fire insurance sector at Arab Misr Insurance Group (AMIG).
AMIG has submitted its tender to provide the insurance coverage for the Association, Sayed added. The tender envelopes will be opened next Thursday.