Arab Misr Insurance Group GIG to Inaugurate 2 New Branches 2014-End

Managing Director of Arab Misr Insurance Group (GIG) Mr. Alaa El-Zohairy said his company is seeking to increase its branches to 16 distributing across republic.

In statements to Amwal Al Ghad on Sunday El-Zohairy explained that his company has 14 branches during the current phase across governorates, stressing that it is planning to inaugurate new branches one of them in Sixth of October and the other in New Cairo.

It is schedule to move to New Cairo within the next 3 years, he added.

Furthermore, he asserted that GIG is aiming to verify its submitted insurance products for customers as in conjunction with the company’s geographic expansion, GIG’s development department is considering some of these new products as prelude to be rolled out in the Egyptian market and follow up new marketing methods so as to achieve new growth market share which reaches 6% of insurance companies and 10% of private sector.