Gideon Opened the First Phase of Micro Insurance Project in Egypt

“Gideon” Dutch Consulting Company opened the first phase of the project "micro insurance in Egypt," in the framework of the overall financing system in Egypt, the Swiss government participates in financing this project. The goal of this project is to implement and establish the infrastructure for sustainable funding program comprehensive in Egypt, , it will be the main focus of the project to allow the growth of microfinance sector in a low-risk.

Mr.Roman Darpelet, head of the Swiss program, assured that the Swiss government supports “Gideon” company in its efforts to create an open and transparent market, and through this company it would be possible to create a working relationship between the effective and comprehensive insurance and micro finance market.

‘Darpelet’ added that this initiative will only succeed if the insurance companies in Egypt took the chance to diversify and expand its products in order to reach the untapped segments of the market. For its part, Mareyeky Braun, founder of “Gideon” company indicates to the importance of this project for Egypt and the region in cooperation between technical partners local and international stakeholders, providing “Gideon” to Egypt a team of professionals with expertise and global experience to support implementation and establish a base of micro insurance.