Royal Insurance Plans to Expand Geographically in 2 Cities within 2014

Mohamed Reda, head of production and branches sector at Royal Insurance Company, revealed that his company is planning to expand geographically through inaugurating new branch in Tenth of Ramadan and Sixth of October within the coming year.

Reda has informed Amwal Al Ghad that Royal has recently inaugurated its new branch in Port Said as well  in Aswan governorate due to its business expansion during the recent period.

Reda said Royal is intending within the next period to expand its branches in order to carry several number of workers which will increase the business volume.

He added that Royal is seeking to expand geographically across the governorates to meet with the needs of customers in the various regions.

He further explained that Royal is currently negotiating with two banks so as to promote its products via the branches of the two banks under the name of ‘bank insurance’, expecting that the company will finalize signing the cooperation agreement with one of the banks by the next year.