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Member, Beacon International Group, Ltd.
CAIRO, Egypt—Marsh Inc. has been granted a license by the Egyptian Financial Services Authority to provide full insurance broking and advisory services in Egypt.
Marsh will provide brokerage services through its Cairo, Egypt-based Marsh for Insurance Services S.A.E. unit, while risk advisory services will be available from Marsh Egypt L.L.C.
“Marsh has had a presence in Egypt for over a decade, but until now has been limited in what it could offer its clients,” said Afaf Abdel Hameed, Marsh's country manager in Egypt, in a statement.
“Thanks to the liberalization of the market and the progressive economic polices of the Egyptian government, we are now able to offer a wider and more sophisticated selection of products and services,” she said.