Arab Orient Insurance Seizes IKEA’s Policy in Cairo Festival with EGP650 mln

Wael Abdul-Mohsen, Vice President of Sales & Marketing at Arab Orient Insurance Company said his company succeeded in catching the insurance policy of IKEA Egypt for Home Furnishings and Accessories Company with EGP650 million total insurance amounts.

Abdul-Mohsen has informed Amwal Al Ghad that Policy involves the coverage of all risks of IKEA’s branches in Cairo Festival City  including fire, burglary, stressing that the policy for one year.

The policy also will cover all the natural hazards such as earthquakes and volcanoes , beside covering water pipes burst , in addition to the risks of business interruption along with civil responsibility.