We are pleased to announce that 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

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.

The MBH Team advising on the matter was led by May Elshaarawy (Partner) and included Abdelaziz Aly Elshaarawy (Associate).