Egypt – Issuance of microinsurance electronically
Monday, 07 16 2018, Category: Insurance and Reinsurance, Country: Egypt
The microinsurance committee of the Insurance Federation of Egypt is studying the conditions to issue microinsurance contracts electronically in coordination with the Egyptian Financial Supervisory Authority.
According to release, the committee is studying the context and conditions to issue and distribute microinsurance contracts electronically in light of Law No 141 of year 2014, which regulates microinsurance activities and the decision of the Egyptian Financial Supervisory Authority that defines and organizes the issuance of microinsurance contracts electronically.
Source: Al Borsa