Mohamed Mahran, Board Member and CEO of Misr Insurance Company—a subsidiary of The Sovereign Fund of Egypt—revealed the company’s plans to launch new products in both the motor and medical insurance segments.

Speaking during the company’s annual suhoor event, attended by senior management and insurance brokers in the Egyptian market, he stated that the company is currently studying the introduction of a range of new and innovative insurance coverages within its motor and medical policies. These include coverage for political violence risks, despite the challenging geopolitical conditions that have led many insurers to suspend offering such coverage.

He added that the upcoming products will include the “Auto Classic” policy and a dedicated electric vehicles policy. He also noted that the company is currently finalizing the drafting of several new insurance policies aimed at expanding the base of beneficiaries of its insurance solutions.

The company expects to finalize its new motor insurance policies by mid-April, and its new medical insurance products by mid-May 2026.

During his speech, Mahran praised the efforts of the company’s employees in continuing to deliver insurance services to clients over the years, building on a legacy of more than 90 years since its establishment in serving Egyptians across all segments.

On another note, he highlighted that the company’s underwriting capacity has increased to reach USD 200 million, reflecting its strong ability to accept a wide range of risks, including complex and specialized ones.

He further noted that the company’s capital currently represents approximately 63% of the total capital of the Egyptian insurance market. He emphasized that the company’s strategy for achieving sustained growth and strengthening its market position is driven by delivering best-in-class insurance services, alongside sound pricing and underwriting practices.

Mahran also affirmed the company’s strong capability to promptly settle claims due to clients without waiting for reinsurers’ shares, underscoring its commitment to standing by its customers in times of need and risk.

مصر للتأمين تدرس طرح منتجات جديدة بفرعي السيارات والطبي