Egypt – Microinsurance protects the vulnerable
Thursday, 05 11 2017, Category: Insurance and Reinsurance, Country: Qatar
Mr. Sherif S. Samy, Chairman of Egyptian Financial Supervisory Authority confirmed that the authority is keen on promoting microinsurance as it helps vulnerable and low income citizens in obtaining simplified, accessible and easy insurance coverage.
In the concluding note of the recently held workshop "Micro Insurance - International Experiences and Applications of Egypt" organized by the authority Mr. Samy confirmed the importance of taking advantage of the experience of others i.e. international best practices in order to strengthen the role of microinsurance in Egypt. The workshop was attend by insurers, brokers and members of the Insurance Federation of Egypt.
Source: Al Wafd