Egypt – Insurance companies can issue standardized policies
Saturday, 12 05 2015, Category: Insurance and Reinsurance, Country: Egypt
The official Egyptian journal said on the Thursday that under issue No 274, the Egyptian Financial Supervisory Authority issued a decision related to the issuance and distribution of specific insurance policies by insurers electronically through information systems.
The decision also allowed the printing and distribution of the insurance policy directly or through the parties mentioned in in article 6 of this decision. And the company has to obtain pre-approval from the authority by following the rules of the decision
Source: Veto Gate