Allianz Egypt allots $399K to support vulnerable children
Saturday, 09 21 2019, Category: Insurance and Reinsurance, Country: Egypt
Allianz Egypt is allocating 6.5 million Egyptian pounds ($399,961) over three years for UNICEF’s initiative to strengthen social protection programmes for vulnerable children and their families in Egypt.
The company last March signed the agreement with UNICEF to help further promote social inclusion for children and to ensure that no child is left behind.
The initiative – dubbed as “I Deserve a Chance” – aims to ensure every child has a chance to learn.
It will be partly financed through Allianz Egypt’s sales from life and motor insurance policies, said its managing director Ayman Hegazy said on Thursday.
Allianz Egypt – part of German insurer giant Allianz – aims to help UNICEF support the government’s led-efforts in providing an urgent and integrated policy response to child poverty.
Source: Amwal Al Ghad