Arope Insurance

What Arope Insurance does

AROPE Insurance is a Cairo-headquartered, FRA-regulated Egyptian insurer operating as a wholly-owned subsidiary of Lebanon-based AROPE Insurance Company within the BLOM Bank Group. The business is structured around two divisions: AROPE Life Insurance, offering individual products such as Damanaty (loan protection), Rahet El Bal (life protection), Taleem Awlady (children's education savings), Rahet El Omr, and the Arope Money Market Fund; and AROPE Properties & Liabilities Insurance, offering motor, corporate medical, property, marine, engineering (CAR, EAR, CPM, MB), and general accident & liability coverage. The company serves both individual consumers and corporate/enterprise clients, addressing family financial protection, loan repayment security, employee benefits, business property, fleet, and healthcare coverage needs.

Technically, AROPE runs an insurance technology platform with digital self-service capabilities, including an online quote portal for car and medical insurance and a mobile application branded as an early-mover digital channel among Egyptian insurers. Distribution spans self-service digital portals, mobile apps, call-center hotlines (19243 and 19693), and physical branches, with corporate medical delivered through an integrated medical provider network across Egypt. The firm claims a 94% claims settlement ratio as its primary quantifiable service benchmark.

Commercially, AROPE generates revenue through recurring insurance premiums across life and P&L product lines, with quote-based pricing that is not publicly disclosed. The go-to-market is multi-channel and horizontally segmented across individuals and corporates, leveraging the regional underwriting and banking expertise of its BLOM Bank Group parent. The company is privately held with 251–500 employees, launched its Egyptian regulated operations following FRA approval dated 2/9/2020, and currently operates as a single-geography insurer focused on the Egyptian market.

Name

Arope Insurance

Legal name

AROPE Insurance Egypt for Properties and Liabilities

Website

https://aropeegypt.com.eg

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

251–500 employees

Short description

AROPE Insurance is an Egypt-focused, FRA-regulated insurer operating two divisions—Life Insurance and Properties & Liabilities Insurance—serving individual consumers and corporate clients with digital, branch, and call-center distribution.

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

Insurance Carriers (5241), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Direct Life Insurance Carriers (524113), Insurance Carriers and Related Activities (524)

SIC

Fire, Marine & Casualty Insurance (6331), Life Insurance (6311), Accident & Health Insurance (6321), Insurance Carriers, Nec (6399)

akta.pro primary industry

Individual AD&D Insurance (Direct-to-Consumer) (FSAIALAC)

akta.pro secondary industry

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD)

Keywords

• Life insurance
• Motor insurance
• Medical insurance
• Property insurance
• Marine insurance

Headquarters

HQ city

Az Zalqa'

HQ country

Lebanon

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Life Insurance Premiums: Individual and group life insurance products including protection plans, loan protection plans, education plans, and savings plans
2. Property & Casualty Insurance Premiums: Motor, medical, property, marine, engineering, and general accident insurance policies for individuals and corporations

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

AROPE Insurance Egypt is a private insurance company offering two main lines of business: life insurance (loan protection, family protection, children's education savings, and money market fund products) and property & liabilities insurance (motor, medical, property, marine, engineering, and general accident coverage) for both individual consumers and corporate clients across Egypt. The company is regulated by Egypt's Financial Regulatory Authority and distributes products through online portals, a mobile application, branch offices, and call centers.

Product overview

AROPE Insurance is an Egyptian insurance company operating two distinct divisions: AROPE Life Insurance and AROPE Properties & Liabilities Insurance. The life insurance division offers individual products including Damanaty (loan protection), Rahet El Bal (life protection), Taleem Awlady (children's education), and Rahet El Omr, along with the Arope Money Market Fund. The properties and liabilities division provides motor insurance, medical insurance, property insurance, marine insurance, engineering insurance (CAR, EAR, CPM, MB), and general accident & liabilities insurance. The company is a subsidiary of AROPE Insurance Company Lebanon and is regulated by Egypt's Financial Regulatory Authority (FRA).

Differentiator

Problem solved

Functional benefit

Brands

• Damanaty: Loan Protection Plan - A fund saving plan that helps cover all included loans to be fulfilled after normal or accidental death
• Rahet El Bal
• Taleem Awlady
• Rahet El Omr
• Arope Money Market Fund

Products and services

• Damanaty A loan protection plan that covers payment of the decreased sum assured along with the loan balance in case of normal or accidental death, helping protect families from debt after the policyholder's death. Targeted at individual consumers with existing loans.
• Rahet El Bal A fund saving plan that helps support the family with a suitable amount of funds after the plan owner's death, providing payment of agreed total fund saving in case of normal or accidental death. Designed for individual consumers seeking family financial protection.
• Taleem Awlady Children's education savings plan designed to secure funds for children's educational needs. Targeted at individual parents/guardians planning for their children's education.
• Rahet El Omr Life protection plan providing coverage for families in case of the policyholder's death. Targeted at individual consumers seeking life insurance coverage.
• Arope Money Market Fund Money market fund offering cumulative returns for investors, managed as part of AROPE Life's financial services. Targeted at individual investors seeking money market investment returns.
• Motor Insurance Comprehensive motor insurance covering all risks for private and commercial vehicles including total loss, damage, theft, fire damage, and third party liability. Targeted at individual vehicle owners and corporate fleet operators.
• Medical Insurance Corporate medical insurance offering a variety of programs through a wide choice of medical providers including an integrated medical network all over Egypt. Targeted at corporate clients providing employee health benefits.
• Property Insurance Coverage against loss or damage to insured residence and contents due to fire, lightning, explosion, burglary, natural perils, bursting of water pipes, and other perils including alternative residence, loss of rent, third party liability, and personal accident. Targeted at individual homeowners and corporate property owners.
• Marine Insurance Cargo insurance covering any loss or damage to goods insured during the voyage under different levels of coverage. Targeted at importers, exporters, and logistics companies.
• Engineering Insurance Includes CAR (Contractors All Risks), EAR (Erection All Risks), CPM (Contractors Plants & Machinery), and MB (Machinery Breakdown) coverage. Targeted at construction companies and industrial operators.
• General Accident & Liabilities Insurance Includes Fidelity Guarantee coverage providing protection against loss of money or goods due to fraud, and other liability coverages. Targeted at corporate clients needing liability and fidelity protection.
• Corporate Life Insurance Products Group life insurance coverage designed for corporate clients to provide employee benefits including group life protection plans. Targeted at businesses and organizations.

Quantifiable outcome

• 94% Claims Settlement Ratio
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• BLOM Bank GroupcoreStrategic or Co-development PartnerAROPE Life Insurance products are designed based on understanding the local market and merge the regional experience of BLOM Bank Group in order to offer the best valuable products to customers. This partnership provides AROPE with regional financial services expertise and market knowledge.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• QNB Life Insurance Egypt: Bank-affiliated life insurer in Egypt leveraging QNB's distribution; analogous bancassurance-led model to Arope's BLOM Bank Group backing. Targets the same individual life/savings customer through a parent-bank channel.
• Misr Insurance Company: Egypt's largest state-owned P&C and life insurer with dominant market share across motor, marine, and life products. Directly comparable full-line Egyptian carrier with the broadest product set in the country; Arope competes for the same corporate and individual segments.
• Allianz Egypt: International insurer with significant Egypt footprint across life and P&C lines. Comparable multi-channel distribution (digital + brokers + corporate) and product breadth versus Arope.
• AXA Egypt: Leading multinational insurer in Egypt offering life, health, motor, and property insurance to retail and corporate clients. Same product breadth and target segments as Arope, with a much larger brand and capital base.

Direct peers

• Al Ahly Takaful Insurance: Egyptian insurance company affiliated with the National Bank of Egypt, offering life and P&C products to retail and corporate customers. Comparable to Arope in being a bank-affiliated multi-line domestic insurer.
• Delta Insurance Egypt: Egyptian insurance carrier with overlapping P&C and life offerings to individuals and SMEs. Mid-tier competitor with a similar regional profile and product breadth as Arope Egypt.
• GIG Egypt (formerly Arab Misr Insurance Group): Mid-sized Egyptian multi-line insurer offering P&C and life products to individuals and corporates. Comparable scale, regional affiliation, and product mix, making it a close head-to-head competitor for Arope.
• MetLife Egypt (Egyptian Life Insurance Company): Major direct life insurance carrier in Egypt offering individual and group life, savings, and loan-protection plans (very similar to Arope's Damanaty/Rahet El Bal products). Closest direct competitor in Arope's life division.

Regional players

• Suez Canal Insurance: Egyptian insurer with particular strength in marine, engineering, and property lines. Competes with Arope in the corporate P&C segment, especially for marine cargo and engineering risks.

Emerging players

• Bupa Egypt: Focused health/medical insurance provider in Egypt; competes with Arope's corporate medical insurance line via integrated provider networks. Useful comparable for the medical segment of Arope's product mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AropeInsuranceEgypt/?fref=nf
• LinkedInlinkedin.com/company/arope-insurance-egypt
• Xx.com/arope_egypt

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arope Insurance