Egypt – Insurers aim at collaborating with “Traffic” authority
Wednesday, 02 24 2016, Category: Insurance and Reinsurance, Country: Egypt
The motor committee of the Insurance Federation of Egypt will sign a collaboration protocol with the Ministry of the Interior that will allow insurance companies to examine the motor violations related to their customers.
According to the “Auto” page of Al Ahram daily, this step will help decrease the losses of insurers bearing in mind that they settle EGP thousands to their insured customers.
Insurance companies will thus be able to study the violations and the mistakes committed by the customer. Afterward the company will be able assess the adequate claim when an accident takes place even if a minor accident takes place.