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E-finance: Misr Insurance partners with Khales

03/12/2021
Categories: Sectors

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The insurance company Misr Insurance, leader in the Egyptian market, has partnered with Khales, an e-finance digital payment company. The two parties proceeded to sign an agreement which essentially aims to promote the use of digital payments on a national scale.

Under the terms of the agreement, the insurer will rely on the company's mass network (approximately 320,000 points of sale) to ensure its expansion. "This cooperation is part of the group's desire and its pioneering role in spreading financial inclusion and improving all economic sectors with digital transformation," said Ibrahim Sarhan, President of e-finance. For his part, Omar Gouda, CEO of Misr Insurance, said that the protocol aims to provide a personal accident insurance policy, which covers death and permanent disability for an amount of 100,000 EGP (6377.82 dollars). ), in addition to medical and other expenses. It should be noted that Misr Insurance has set itself the objective of strengthening its leadership in the Egyptian insurance market.

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