AXA Egypt signs 5-year bancassurance agreement with AAIB

AXA Egypt announced signing a five-year bancassurance agreement with the Arab African International Bank (AAIB), offering new, outstanding insurance services to customers. The deal is in line with AAIB’s keenness to offer excellent non-banking, value-added services, and quality products to meet the customers’ needs.

Ayman Kandeel, the Managing Director of AXA Life Insurance Egypt and Chairman of AXA General Insurance said, ''We are proud of this partnership which aligns with AXA’s strategy to expand in Egypt by reaching a larger customer base via new distribution channels. I would like to extend my thanks and gratitude to the AAIB for trusting AXA Egypt to become its insurance partner, Kandeel added, noting that the AAIB is one of Egypt’s pioneering banks which achieved rapid growth in a record time. “Together, we seek to focus on meeting the needs of the AAIB’s customer base through AXA insurance protection solutions.''