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Allianz Egypt has renewed its partnership with Emirates NBD-Egypt, aiming to offer an intensive vary of life and property insurance coverage services.
This collaboration, which has been prolonged for 5 years, is facilitated by the financial institution’s department community and targets numerous buyer segments.
It focuses on enhancing the service mechanism to cater to all buyer wants beneath one roof.
The renewal builds on greater than twenty years of collaboration between the 2 entities, which started in 2003.
Allianz Life Insurance coverage Firm managing director Charles Tawdros mentioned: “At Allianz Egypt, we take delight in our strategic collaboration with Emirates NBD by selling our insurance coverage providers within the financial institution’s 67 branches.
“We assist monetary inclusion by offering insurance coverage providers for about 35,000 shoppers belonging to totally different age teams and social segments. our shoppers have acquired nearly 49,000 insurance policies. Allianz Egypt has put ahead totally different insurance coverage packages for round 100,000 of Emirates NBD’s bank card holders together with roadside help, digital wallets, and medical consultations.”
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Emirates NBD CEO and managing director Amr El Shafei mentioned: “By means of our strategic partnership with Allianz, Emirates NBD-Egypt has been providing built-in insurance coverage packages that meet the totally different necessities of our shoppers, enriching the worth of our providers.
“We now have a shared imaginative and prescient with Allianz, as we purpose to supply options that allow our shoppers to plan and put money into a big selection of merchandise offered by Allianz.”
As an affiliate of Sanlam Allianz Africa, Allianz Egypt is actively pursuing partnerships with main banks within the nation.
This technique is a part of the corporate’s efforts to broaden its shopper attain and improve its market share throughout the Egyptian insurance coverage sector.
In a transfer to additional develop its bancassurance providers, Allianz Life Assurance Firm Egypt, final month, entered an alliance with Suez Canal Financial institution.
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