Partnership between the Egyptian Post and the AXA Group

Egypt Post and Postal Investment Company (the investment subsidiary of the Egyptian Post) are forming a partnership with AXA Egypt. The three partners will conduct a joint study to create a local micro-insurance company.

The aim is to develop insurance solutions for small and micro-enterprises, seasonal workers, small farmers and low-income people.

The new company will start its operations immediately after the promulgation of the new insurance law in Egypt.