MBH advises AXA Egypt on its partnership with Post for Investment
Matouk Bassiouny & Hennawy (“MBH”) acted as the lead legal counsel to AXA Egypt in connection with its strategic partnership agreement with Post for Investment to establish Egypt’s first microinsurance company in line with the new unified insurance law.
MBH’s team
The MBH team advising on the matter was led by partner May Elshaarawy (pictured) and included Abdelaziz AlyElshaarawy (associate).
About the partnership
The partnership aims to offer more financial inclusivity and broader insurance models for different societal segments and assist the financially vulnerable. Within the first decade of operation, the company aims to reach 12 million customers, underlying their commitment to make a significant impact on the lives of Egyptians through tailored insurance solutions.
