About Bavarian Insurance Brokerage BIB
The company of "Bavarian Insurance Brokerage BIB" (LLC) is subject to the provisions of Law No. (159) of 1981, and is registered in the register of the Investment Authority No. 119992 on 18/04/2018, Law No. (10) Of 1981 issuing the Supervision and control Law on Insurance in Egypt, its executive regulations and their amendments, and Law No. (10) of 2009 regulating supervision of non-bank financial markets.
Registered in the Authority with Resolution No (795) of 2018 dated, 28/06/2018, and registered in the insurance and reinsurance brokers' register in the authority (legal person) Under No. (80) on 28/06/2018, with 100% Egyptian capital, The company is distinguished by the presence of a group of distinguished insurance brokers, who were carefully selected to develop the insurance portfolio.
Location: Side Al Sadat Axis Banafseg 5 villa 74, Cairo, Cairo Governorate 11865
The company's role for its customers
The Bavarian Insurance Brokerage Company seeks to achieve permanent and continuous communication with its esteemed customers with the aim of providing the necessary information about the company and publicizing its various activities. And providing insurance protection to clients and projects against various risks, through individual and group person insurance, medical treatment and personal accidents - property and responsibilities insurance that includes auto insurance, Fire, oil, engineering, political violence, dangers of land, river, sea and air transport, agricultural insurance and loans. As well as communicating with customers, receiving their inquiries and suggestions, and working to clarify and solve insurance problems, as well as communicating everything new in the Egyptian insurance market, whether it is new insurance products, insurance coverage, legislation or anything that matters to our valued customers.
The Bavarian Insurance Brokerage Company also works to meet the needs of its customers by identifying the needs of the customer in a distinct manner, and at an appropriate price, as it plays an important role for its clients by following up on the issuance of insurance policies for its clients. Where it first studies its customer's insurance needs, and then begins to address the insurance companies to invite her on behalf of a client to submit offers, and to activate competition among them, whether in terms of coverage or conditions or in relation to the applied price, it nominates the best offers, coverage and conditions and best prices, then it follows up the issuance processes, reviews documents and finally follows compensation , With full commitment to professional ethics, and the confidentiality of the information to their clients.
Company Strategy
The company also seeks to rise to the ranks of major companies by keeping pace with the rapid development of all its activities, as it works to achieve governance through the absolute protection of rights for shareholders, the rights of its employees, as well as the rights of dealers with the company (customers), and related parties through disclosure transparency, and achieving balance in line with the strategic direction of the company. The Company works to achieve the best possible rates of sustainability for the company.
The company is also keen on the code of ethics and professional behavior, which works to control job behavior and professional ethics within the company in a way that positively affects the reputation, credibility of the company and the integrity of its employees.
The company always aims to achieve the highest performance rates, and works to raise the insurance awareness of the customer audience and clarify the extent of the importance of insurance in the lives of individuals and society, and support the technical capabilities of workers through training, In order to reach in the future to the leadership and status that the Bavarian company deserves.
Training and raising awareness of insurance
The Bavarian insurance brokerage strategy includes caring for employees of all types of insurance and keeping up with everything new in the Egyptian insurance market through training courses and preparation and qualification programs for practicing the insurance brokerage profession offered by specialized insurance institutes such as the Insurance Institute in Egypt and the Financial Services Institute at the Financial Supervisory Authority. Also, participation in the activities of conferences and seminars held through the Egyptian Insurance Federation and the Arab Insurance Federation.
As well as the company raises the awareness of the insurance public among the dealers and clarifying the extent of the importance of insurance in the lives of individuals, institutions and bodies.
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The Bavarian Insurance Brokerage Company seeks to achieve permanent and continuous communication with its esteemed customers with the aim of providing the necessary information about the company and publicizing its various activities.