Allianz Egypt renews strategic partnership in Bancassurance with Banque Misr for coming five years

Allianz Egypt renews strategic partnership in Bancassurance with Banque Misr for coming five years

- Hegazy: Renewing cooperation with Banque Misr enhances the access of the bank’s clients of all segments across the country to insurance services under one roof.

- El-Etreby: We are looking forward to continuing our successes with Allianz Egypt to enrich our banking and non-banking services and meet the needs of our clients all over the country.

Cairo: Allianz Egypt, the leading insurance company in the country affiliated to Allianz Global Investors, announced the renewal of its partnership with Banque Misr, the oldest bank operating in the Egyptian banking sector, for the upcoming five years. Besides life insurance services offered over the past 20 years cooperatively with Banque Misr, Allianz Egypt will offer through the bank property insurance services.

The cooperation renewal aims at offering integrated insurance services for the Banque Misr clients, where the signing ceremony was held at the Allianz Arena Stadium in Munich, Germany. Senior representatives from Allianz Egypt, Allianz Global Investors and Banque Misr were attended the ceremony.

The agreement, which coincided with the celebration of a 20-year-cooepration between Allianz Egypt and Banque Misr in life insurance, aims to launch a number of insurance services as well as to develop a mechanism for the services the company offers to meet