Mohandes Insurance: Insurance Company of the Year

Mohandes InsuranceMohandes Insurance Co (MIC) was awarded the Insurance Company of the Year Award during the 46th African Insurance Organisation (AIO) conference.

In 2018, the Egyptian insurer’s turnover has reached 430 million EGP (23.9 million USD) increasing by 31% compared to 2017. Over a larger period that is since 2015, the increase has reached 107%. During the five previous years, MIC has kept a stable growth of its turnover.

Such a result could only be reached through expanding the distribution network, utilizing an effective IT system along with promoting of the brand via social media. Mohandes Insurance is the first insurance company in Egypt to provide an advanced claims handling smartphone app.

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