Estafsar has officially partnered with Al Wataniya, in a move that aims to increase insurance penetration levels in Egypt and enhance the efficiencies and operations for Al Wataniya.
Worth mentioned that Estafsar is the first and leading insurtech provider in Egypt, while Al Wataniya is a prominent and established major insurance company in the country that has proven accelerated success in different spectrums of insurance categories since 2020, according to the “Zawya” website.
The partnership, announced on April 2023, highlights Estafsar’s strength in the Insurtech sector in Egypt, revolutionizing the industry dynamics with its various stakeholders, from insurance companies to brokers and beneficiaries. The partnership is also expected to benefit Al Wataniya, as the company seeks to enlarge its customer base and cooperate with prospective clients to maximize its insurance branches’ benefits.
The partnership is a significant step in achieving Estafsar’s goal of increasing insurance penetration levels in Egypt above its current level of below 1% by enabling insurance companies to reach new retail and business consumers using Estafsar technology. Al Wataniya is a forward-thinking insurance company that has established itself as a leader in many insurance categories in less than three years. With this partnership, it will further enhance its products and services and provide more benefits to its customers.
