Allianz Egypt to launch new microinsurance product soon – official

Allianz Egypt, part of German insurer giant Allianz, is planning to launch a new microinsurance product within the coming period, its managing director said on Wednesday.

“The new microinsurance product is designed in partnership with one of the global companies specialised in this field, besides a mobile company operating in the Egyptian market,” Ayman Hegazy said.

Once getting the approvals, Allianz Egypt will start launching and promoting its new product, Hegazy added.