The Promise Insurance Brokerage Company has signed special contracts with insurance companies in Egypt including Chartis Insurance, Allianz Insurance, Delta Insurance, Egyptian Takaful (Non-Life), Egyptian Takaful (Life), Ace Insurance, Royal Insurance, Suez Canal Insurance, Al Mohandes Insurance, Egyptian Saudi Insurance House, Arab Orient Takaful Insurance, Iskan Insurance, Nile General Takaful, Nile Family Takaful and Wethaq Takaful Insurance, said Ahmed Naguib, managing director of the Company.
The Promise Insurance Brokerage Company has set a number of regulations and mechanisms to deal with insurance brokers in the company. The Company works on disbursing compensations to the customers shortly after the accident.
It is worth mentioning that Egyptian Financial Supervisory Authority (EFSA) approved the establishment of Promise Insurance Brokerage Company with paid-up capital of EGP 2 million. 35% of the Company’s ownership body is owned by shareholders and 65% of which is owned by Ahmed Naguib.