Enaya Health -Egypt Says EGP80m Collective Premiums to Insurance Firms in 2013

Enaya  Health Insurance Company , Sherif Fathy Managing Director said the size of collective premiums of the contracted insurance companies reached EGP80 million at the end of the last year, targeting to attain 15% growth rate within the current year to become EGP92 million.

Fathy added that the company’s portfolio includes 90 thousands clients in last December, aiming to boost the portfolio to exceed more than 100.000 clients by 2014-end through expanding group insurance policies.

He explained that the company’s strategic plan over the next 3 years includes the growth rates of the  collective premiums’ size to insurance companies which up 30%, through a new marketing methods for different products which contribute for increasing  in the company’s portfolio of clients.

Moreover, Fathy said Enaya supported its financial position through pumping EGP2.5 million as a capital increase to up EGP8.5 million, explaining that the  company’s general assembly plans to consider pumping EGP1.5 million as a further increase of capital to reach EGP10 million.

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