TGP Egypt has a long history of serving insurance and brokerage institutions. These organizations make up a significant portion of our client base, and we have extensive experience working with a wide range of companies in this industry, including multinational insurance companies, syndicates, mutual insurers, and brokerage groups. Egypt’s insurance sector is one of the oldest in the region and is considered to be highly competitive when compared to other emerging markets. Despite the economic turbulence, the industry has seen steady growth in recent years. According to the Financial Regulatory Authority’s latest statistical yearbook, the total gross premium in the insurance industry reached EGP 47.5bn ($3bn) in FY 2020/2021, representing a year-over-year increase of 18.5% from EGP 40.1bn ($2.5bn) in FY 2019/2020.
How can we help?
Over our 30+ years history, TGP Egypt has gained extensive experience and knowledge of the operational, regulatory and financial challenges facing the insurance industry. With this background, we are able to act as partners and advisors on the challenges they face in the market.
Our professionals are leaders and experts in these sectors. We stay up to date about rules and regulations modifications and advise clients about how these revisions may affect or benefit them. Our team are approachable, knowledgeable and involved as our clients to achieve your objectives