Allianz Inks Pact with Fawry and NBE to Facilitate Premium Payments

Allianz Insurance – Egypt has signed today a cooperation agreement with the electronic payment provider Fawry to start securing premium collection services for the insurer’s clients.

As pursuant to the agreement with Fawry, Allianz clients can pay premiums through any of the 15.000 Fawry outlets across the country besides the ATM facilities, Amwal Al Ghad has cited Allianz Egypt’s CFO Ayman Hegazy as saying on Sunday.

Fawry offers its bill payment  service to all MasterCard holders through its official website, Hegazy added.

Moreover, Hegazy mentioned that Allianz Egypt also enables its clients to pay premiums via the Phone Cash mobile payment wallet in cooperation with the National Bank of Egypt (NBE).

Allianz Egypt is working on facilitating premium payment methods for their clients, aiming to expand the Group’s volume of businesses and allure new customer segments within the upcoming period, he noted.