About Us

Royal company established and registered in 2001 as an Egyptian joint stock company between Royal & Sun Alliance Middle East (RSAME) and Egyptian investors under the provisions of Law No. 10 of 1981. We as any insurance company are subject to supervision of Egyptian Financial Supervision Authority (EFSA) and also member of the Egyptian Insurance Federation (EIF)

History

  • 2001

    The company founded under the provisions of Law No. 159 of 1981 as amended by Law No. 91 of 1995 under license No. 16.

  • 2002

    Royal begun its operations in Egypt as Royal & Sun Alliance (RSA) – Egypt as Joint Stock Company between Royal & Sun Alliance Middle East (RSAME) and Egyptian investors. RSAME has a 51% shareholding and the balance of 49% has been owned by MMID and other Egyptian business entities.

  • 2003

    First statement of account.

Our Mission

We at Royal Insurance-Egypt’s main mission is to provide financial protection and peace of mind towards all of our clients whether large, medium or small establishments and Individuals. Our aim is to deliver innovation and excellence in our products, services and solutions through high-tech.

Our mission is to give our clients and business partners A promise; a promise of financial security and protection towards our clients and fairness to our agents, respect and opportunity in favor of our employees. we are dedicated to going beyond the expected to gain our clients unlimited trust.

We are committed to bringing quality products and services, We will hopefully remain flexible and innovative so we are able to address the changing needs of our customers.

We strive to be:

  • Quick: To communicate. To respond. To solve.
  • Innovative: In our products and Services, Our technology and Our thinking.
  • Flexible: We challenge,  We adapt But never break. We are easy to do business with.
  • Rational: We listen, We weight all sides and We are prudent.
  • Reliable: We are dependable and  stable. Efficient and Effective.
  • Respected: By our Clients, Agents, Policyholders,  Team and  The industry.

Our Vision

Our Vision is to become one of the top choices for Insurance protection. Built on a foundation of mutual trust and respect, we will add value to all our client, employee and strategic partner relationships. We remain dedicated to a high standard of excellence, We strive for continuous improvement with a goal of creating long term relationships that will last for generations to come.

We aim to create a bond of  Unlimited Trust with our clients, employees and Strategic partners.

Our Values

Respect – Integrity – Teamwork – Professionalism – Commitment – Unlimited Trust

Our Founders

Founded by Mr. Hassan Darwish with a group of businessmen and institutions with solvency and confidence locally, regionally and internationally remind them:

  • Hassan Mohamed Hassan Darwish (Egypt)
  • Baltan trade group Investment Company Limited (Saudi Arabia), headed by Mr. Khalid bin Omar bin Gasser Baltan
  • Abdul Majeed bin Ibrahim Al-Sultan – Member of the Executive Committee of Bank Al Jazira (Saudi Arabia)
  • Market Development Co., Ltd. (Saudi Arabia)

Capital

Our authorized capital: EGP 400 M whereas our Paid-up capital EGP 100 M