Car insurance business
In light of the rapid change witnessed by the Egyptian insurance sector is keen Royal Insurance to develop insurance products traded in the market to cope with the actual needs of customers confirmed that Hassan Darwish, Managing Director of Royal Insurance, pointing out that the company is currently developing a number of documents insurance after you make marketing research and studies by such as document supplemental insurance (comprehensive) cars, plain cars, despite the intense competition taking place in the Egyptian insurance market in this section of insurance and low rates of service for a minimum of the price of risk and the cost of losses but the Royal Insurance to its technical competencies, administrative and marketing research and development, which gives confidence in the Egyptian consumer awareness of the fact that the service associated with good insurance and value added in real terms for this service and that will make the difference in the decision to buy insurance and the service is not based on price only. . And less expensive is not necessarily the best.
Asked Darwish need to take care of factors influencing the market under a competitive market where you must put price art fair at risk without exaggeration is justified or low is calculated to be negative consequences for the Egyptian insurance market, and the look of the global market for this market and their reservations about cooperation with the Egyptian insurance companies for the continuation of low prices of services insurance, despite high rates of losses in some branches of insurance. . And therefore impact on consumers of the service and the conviction in addition to the depletion of resources and funds from useful investment pumped into the receptacles in Egypt contribute to advancing economic development.
The managing director of Royal Insurance that the management of research and development in coordination with the Technical Department, either version, or compensation to study alternatives to the development of insurance products for securing the cars after the high growth rates in the portfolio of premium cars of the company, which exceeded 60% from last year. . Despite the lack of following the trend often market to reduce insurance rates and the non-observance of the loss rates and the price of risk technical sense and also moderate the rate of loss of the investigator company for the year ended 30/06/2008 for this branch of insurance is important as a result of the efficiency of technical I have based on the version, and through skill a sales and marketing in the selection of risks and the end of the professionalism and excellent craftsmanship have those involved in the compensation settlement, which the company makes a system of integrated work team to reach a good level of service and access to customer satisfaction. . This will be offered document developed for car insurance in cooperation with major international companies specialized in providing these services, which has several branches in the countries of the world and the Arab region.
And include in the document a range of additional benefits to the insured, such as providing assistance on the road to the commander of the vehicle insured in the circumstances forced and sudden addition to the possibility of providing outstanding service other is the provision of car alternative in case the car insured for the accident led to the stoppage of the server for more than three days to do the work the necessary reforms.