Orient Takaful wins Crédit Agricole Egypt’s insurance policy tender

Orient Takaful Insurance Company – Egypt has won an insurance policy tender launched by Crédit Agricole Egypt, sources with knowledge of the matter told Amwal Al Ghad on Sunday.

At a total sum insured of up to 3 billion Egyptian pounds ($191.7 million), the insurance policy will cover Crédit Agricole Egypt’s assets and ATMs against risks of fire and burglary, the sources said. The policy is valid for one year.

The policy will also include cover for risks of dishonesty, cash transfer besides the natural disasters, explosions, and vehicle collisions. In addition, it will cover broken windows and plumbing.