{"id":324441,"date":"2022-01-13T10:44:37","date_gmt":"2022-01-13T10:44:37","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=324441"},"modified":"2022-01-14T10:53:25","modified_gmt":"2022-01-14T10:53:25","slug":"arab-african-bank-signs-five-year-bancassurance-agreement-with-axa-egypt","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/01\/13\/arab-african-bank-signs-five-year-bancassurance-agreement-with-axa-egypt\/","title":{"rendered":"Arab African Bank signs five-year bancassurance agreement with AXA Egypt"},"content":{"rendered":"<div class=\"content-wrap text-light-black text-justify\">\n<p>The\u00a0Arab African International Bank\u00a0(AAIB)\u00a0announced\u00a0on Wednesday\u00a0the\u00a0signing\u00a0of\u00a0a five-year bancassurance agreement with AXA Egypt, offering enhanced, outstanding insurance services to its customers.<\/p>\n<p>The deal is in line with the bank\u2019s strategy to deliver the best financial and non-financial services and quality products\u00a0withadded-value services to meet its customers\u2019 needs.<\/p>\n<p>Under the agreement, over 20 products of AXA Life Insurance Egypt and AXA General Insurance will be available to AAIB customers\u00a0in 42 main branches, enabling them to\u00a0enjoy\u00a0a range of AXA products, including health and life insurance as well as savings and protection plans.<\/p>\n<p>\u201cWe are glad to tie up with AXA, given its international legacy and successful record in Egypt. This partnership is aligned with our main strategy pillars:\u00a0Financial resilience, customer centricity, agility,\u00a0and innovation.\u00a0The\u00a0AAIB and AXA\u2019s partnership will offer a wide range\u00a0of insurance products that are tailor made to suit our customers\u2019 requirements and attain their satisfaction,\u00a0creating a positive impact on\u00a0society,\u201d\u00a0Managing Director and Vice Chairman of AAIB\u00a0Sherif\u00a0Elwy stated.<\/p>\n<p>\u201cWe are proud of this partnership which aligns with AXA\u2019s strategy to expand in Egypt by reaching a larger customer base via new distribution channels,\u201d\u00a0said\u00a0Ayman\u00a0Kandeel, the\u00a0Managing Director of AXA Life Insurance\u00a0Egypt\u00a0and Chairman of AXA General Insurance.<\/p>\n<p>\u201cI would like to extend my thanks and gratitude to the AAIB for trusting AXA Egypt to become its insurance partner,\u201dKandeel\u00a0added, noting that the AAIB is one of Egypt\u2019s pioneering banks,\u00a0which\u00a0has\u00a0achieved rapid growth in a record time.<\/p>\n<p>\u201cTogether, we seek to focus on meeting the needs of the AAIB\u2019s customer\u00a0base through AXA insurance protection solutions.\u201d<\/p>\n<p>Dina\u00a0Zikry,\u00a0the\u00a0Head of Consumer Banking and Financial Inclusion at\u00a0the AAIB\u00a0said that the insurance plans offered by AXA through the bank\u2019s branches are selected based on the branch\u2019s\u00a0density, as they include programmes developed specifically for our customers to help them set their plans.<\/p>\n<p>\u201cThis approach will enable us to offer seamless, resilient services based on the customers\u2019 choices that match their needs and plans,\u201d\u00a0Zikry\u00a0said.<\/p>\n<p>\u201cWe also seek, through our cooperation with AXA Egypt, to achieve our goals and strategy and to continue our ongoing efforts to deliver splendid services to our customers, which are\u00a0in line with the latest innovative banking and non-banking technology solutions\u00a0that\u00a0suit our customers,\u00a0make them feel more comfortable,\u00a0open up\u00a0opportunities\u00a0for them to meet their aspirations, and enable them to benefit from more services.\u201d<\/p>\n<p>\u201cWe are committed to the fair geographic distribution of our services and products, and this partnership helps us achieve this goal. We want all our\u00a0business lines to be available across the length and breadth of Egypt, providing a one-stop shop that caters to all insurance and financial planning needs under one roof. Delivering these services via partner banks adds a convenience factor for accessing\u00a0insurance services,\u201d said Omar\u00a0Shelbaya,\u00a0an\u00a0AXA Life Insurance Egypt\u00a0Board\u00a0Member.<\/p>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Arab African International Bank\u00a0(AAIB)\u00a0announced\u00a0on Wednesday\u00a0the\u00a0signing\u00a0of\u00a0a five-year bancassurance agreement with AXA Egypt, offering enhanced, outstanding insurance services to its customers.\u00a0<\/p>\n","protected":false},"author":4,"featured_media":324442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[241,429],"class_list":["post-324441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-arab-african-international-bank","tag-axa-egypt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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