Arab Finance: Tanmeyah, a subsidiary of EFG Holding, has partnered with the non-life insurance solutions Gulf Insurance Group (GIG – Egypt) to expand the former’s product offerings, as per an emailed press release.

This came after obtaining the required regulatory approvals from the Financial Regulatory Authority (FRA) for the new bunch of innovative product offerings.

Under this partnership, Tanmeyah will introduce a wide range of affordable and accessible micro-insurance products to a wide customer base through its network, covering personal accidents, businesses, health, funeral expenses, livestock, roadside assistance, and housing.

“Collaborating with our trusted partner Tanmeyah aligns perfectly with our mission to make microinsurance more accessible to a wider audience,” Managing Director of GIG Alaa Elzoheiry commented.

“This strategic alliance is poised to deliver multiple advantages, with increased financial inclusion at the forefront. By leveraging Tanmeyah's extensive branch network, we will work to bridge the gap in micro insurance coverage for communities at large,” he added.

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