Khalis obtained the approval of the Financial Supervisory Authority to register in the records of the electronic collection companies for insurance premiums

This is the company’s ability to collect life insurance premiums, for the Misr Insurance Company, electronically through the Khalis Jamahiriya network, which includes 13 strategic partners and more than 330,000 points of sale spread throughout the Republic, the first steps to digitize the insurance sector.

It should be noted that Khalis Company’s strategic directions seek to digitize non-bank financial services and contribute to achieving Egypt’s vision 2030 in building a system of digital transformation and financial inclusion and harnessing the advanced infrastructure and accumulated experiences in the company to serve the Egyptian market

This is considered the first steps of “e-finance” in digitizing the insurance sector, which is one of the promising sectors that is not covered

It is worth noting that a previous contract was signed between Khalis and Misr Insurance Company during the activities of the Cairo ICT exhibition to provide ways For the monthly collection of a decent life policy that gives insurance coverage and amounts to 100,000 Egyptian pounds for the insured.