Mohandes Insurance-Egypt Eyes EGP200mn Premiums by June

Managing Director at Mohandes Insurance and property Company said his company eyes boosting its premiums volume to become EGP200million by the end of the current fiscal year of 2014/2015, Reda Fathy.

In a statements to Amwal Al Ghad, Fathy explained that the volume of achieved premiums reached EGP161million in the last fiscal year of 2013/2014, targeting to attain 24.2% growth rate by next of June.

He added that the company is seeking in the coming period for the development of medical insurance policies through developing marketing channels to those policies so as to allure new segments of customers, Fathy added.