Royal Insurance to Open New Branch in Dokki-Egypt Early-2014

Mohamed Reda, head of production and branches sector at Royal Insurance Company, said his company is planning to expand geographically through inaugurating new branch in Dokki-Giza, Egypt, raising its number of branches to 14 within the current fiscal year.

He added that his company has recently expanded geographically through inaugurating new branch in Port Said, adding that it inaugurated in Upper Egypt through launching a new branch in Aswan.

Reda explained that Royal is seeking to spread geographically all over the governorates in order to meet the needs of its customers in various regions.

He further said his company is still 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.