saib and Misr Life Insurance Join Forces to Expand Insurance Services Through Branches

saib and Misr Life Insurance have entered into an agreement that allows the insurance company to market its insurance services and programs to the bank's customers across all segments of society through the bank's branches spread throughout the country.

The agreement was signed by Tarek El Khouly, Chairman of the Board and Managing Director of the bank, and Dr. Ahmed Abdel Aziz, Executive Managing Director of Egypt Life Insurance.

The signing ceremony took place at the bank's headquarters, with the presence of Tarek Abdo, Deputy Managing Director for Business Sectors and Banking Operations, Amr Nossair, Assistant Managing Director for Retail Banking Sectors, Branches, and Corporate Communications.

Additionally, Karim Taha, Head of Retail Banking Products, Ahmed Hamdi, Head of Discounts, Insurance, and Bancassurance Products, Mohamed El Tawil, Head of Insurance and Bancassurance Products, Mohamed Mahmoud, General Manager of Bancassurance, and Nevine Adel, Head of Marketing at the company, were also in attendance.

Tarek El Khouly expressed his satisfaction with collaborating with one of the leading national entities in the field of insurance services. He mentioned that the insurance programs offered through this agreement align with the bank's strategic plan to meet all the financial needs of its customers from various segments of society, aiming to provide protection and investment for the clients upon the document's maturity, contributing significantly to achieving financial inclusion goals.

Dr. Ahmed Abdel Aziz noted that launching this cooperation to market products and insurance solutions through the bank's branches is part of the company's commitment to providing insurance services that align with the customers' needs, financial plans, and choices.

Amr Nossair emphasized the bank's commitment to diversifying financial and banking services, providing easy investment solutions for its customers that suit their financial plans and life requirements, with insurance benefits that ensure a decent and secure life, with the bank putting their interests as a top priority.

He also mentioned that document terms and periodic premiums vary according to the client's choices, in line with their financial needs and capabilities.

On another note, Mohamed Mahmoud, General Manager of Bancassurance, explained that through the agreement, reflecting the trust between the company and the bank, the company offers seven insurance products that cater to all segments of the Egyptian society and meet all customer needs. These include Egypt Retirement, Egypt Triple, Egypt Investment, Egypt Investment and Protection, Egypt Investment and Care, Protection Document, and Protection Plus Document.