Misr Insurance Negotiates With NGOs To Market Micro-insurance Policies

Misr Insurance Company is in talks with a number of governmental and non-governmental organizations to market its micro-insurance policies, said Mohamed Khalifa, member of the board of directors at the company.

Misr Insurance Company plans to expand in offering micro-insurance products through providing coverage against default on payment of loans offered by these organizations due to circumstances beyond control.

Khalifa expected micro-insurance sector to boost the insurance sector in Egypt for its major role in attracting large segment of customers and financing many small projects in some of the Arab and African countries.