Insurance Brokerage Division Holds Extraordinary Meeting For Discussing Agenda

The Insurance Brokerage Companies Division, subsidiary of the Egyptian Insurance Brokers Association (EIBA), will hold an extraordinary meeting today to discuss the agenda and the possible methods of developing the insurance brokerage sector through determining the obstacles and suggesting solutions.

An official source said that the number of the insurance brokerage companies that joined the Division has reached 16, adding that Gras Savoye Insurance Brokerage Company, Red Sea Insurance Brokerage Company, Daman Insurance Brokerage Company and Al-Shorraa Insurance Brokerage company will join EIBA’s board of directors as the Division’s representatives.

The Division will hold an extraordinary meeting today as its chairman Hamed Mabrouk will travel in the next few days to Kingdom of Saudi Arabia to perform Hajj (pilgrimage).

Hamed Mabrouk, managing director of Gras Savoye Insurance Brokerage Company, was selected by acclamation as the Division’s chairman, while Red Sea and Al-Shorraa Companies were selected as the chairman deputies.