Egyptian insurers going digital

Prompted by the widespread dissemination of mobile telephony and Internet, Egyptian insurers are now increasingly tempted to go digital. Numerous local insurers have manifested their interest in the sale of products online.

In recent months, the Financial Regulatory Authority (FRA) has granted several licenses authorizing online underwriting, a new trend that will not only make it possible to optimize service delivery costs but it will also increase the insurance penetration rate.

More news:

• The insurance industry in Egypt