Suez Canal Insurance - SCI

What Suez Canal Insurance - SCI does

Suez Canal Insurance (SCI) is an Egyptian insurance company founded in 1979 and headquartered in Ad-Duqqi, Al Jizah (a district within the Giza Governorate of greater Cairo). The company operates with 123 employees, positioning it as a small-to-mid-sized Egyptian insurer relative to the country's larger state-affiliated and multinational competitors. As with all Egyptian insurers, SCI operates under the regulatory oversight of the Egyptian Financial Supervisory Authority (EFSA), which licenses underwriting activity and sets capital adequacy requirements.

The underlying source data is materially incomplete. The company's primary web presence (sci-egypt.com) returned only a bot-protection loading screen with no extractable product, distribution, or financial information. No product lines (motor, health, property, marine, life), pricing structure, customer segments, distribution channels, or financial performance data could be confirmed from the available inputs. Likewise, no management team, ownership structure, subsidiary list, partnership roster, or strategic action history is available. The official website URL (sci-egypt.net) is listed but no scraped content from it was provided.

Given the data gap, the operative analytical conclusion is that SCI is a long-tenured Egyptian insurance entity with a modest headcount, but the public information set is insufficient to characterize its competitive positioning, product mix, distribution model, or growth trajectory. Any investment-grade assessment would require access to SCI's EFSA regulatory filings, audited financial statements, and direct disclosure of its lines of business and customer base.

Name

Suez Canal Insurance - SCI

Website

https://sci-egypt.net

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Suez Canal Insurance (SCI) is an Egypt-based insurance company founded in 1979, headquartered in Ad-Duqqi, Al Jizah, with 123 employees. It operates in Egypt's regulated insurance sector under EFSA oversight. Specific product lines and customer segments are not disclosed in available data.

Ownership category

akta.pro rank

Product category

Commercial Insurance

NAICS

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

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ)

akta.pro secondary industry

Ocean Marine Insurance (Hull, Cargo & Freight) (FSAJAHAA)

Keywords

• Insurance products
• Marine insurance
• Commercial insurance
• Property insurance
• Egyptian insurer

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

Suez Canal Insurance (SCI) is an Egypt-based insurance company that provides insurance products and risk coverage services to clients. Founded in 1979 and headquartered in Ad-Duqqi, Al Jizah, Egypt, the firm employs approximately 123 people. Its name indicates a connection to the Suez Canal region, suggesting a focus on marine and commercial insurance lines in the Egyptian market.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Insurance Insurance coverage tied to the Suez Canal and Egyptian maritime/shipping industry, providing hull, cargo, and transit risk protection.
• Commercial Property Insurance Property and asset coverage for commercial enterprises in Egypt.
• General Insurance Products Broader insurance offerings typical of an Egyptian non-life insurer, covering enterprise and individual risk lines.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Broad incumbents

• GIG Egypt (formerly AIG Egypt): Egyptian P&C insurer with multinational heritage underwriting commercial property, marine, and liability risks — directly overlaps Suez Canal Insurance's commercial and marine portfolio.
• Lloyd's of London: Global specialty insurance market that underwrites a large share of the world's marine hull, cargo, and P&I risks; sets pricing benchmarks and capacity reference points relevant to any Egyptian marine underwriter.
• Allianz Egypt: Egyptian arm of Allianz offering property, motor, marine cargo and engineering lines; comparable as a foreign-affiliated multi-line insurer competing in the same Egyptian P&C market.
• AXA Egypt: Subsidiary of global insurer AXA operating in Egypt across P&C and life lines; comparable as a multinational competitor competing for the same Egyptian commercial and marine accounts.

Direct peers

• Misr Insurance: Egypt's largest state-linked general insurer offering marine, motor, property and casualty lines to Egyptian corporates and individuals — the most directly comparable Egyptian P&C peer to Suez Canal Insurance.
• Mohandes Insurance: Egyptian general insurer with broad P&C and engineering offerings; comparable as a similarly-sized domestic multi-line competitor.
• Egyptian Takaful Insurance: Egyptian Sharia-compliant insurer offering P&C and family lines; competes for the same Egyptian retail and SME customer pool as Suez Canal Insurance.
• Egypt Insurance: Long-established Egyptian P&C insurer offering marine, fire, motor, and engineering lines; comparable in scale, line mix, and Egyptian market focus.

Regional players

• Libano-Suisse Insurance (Egypt): Middle East / North Africa-rooted insurer with Egyptian operations; comparable as a regional multi-line carrier competing for Egyptian commercial and marine business.
• Arabian African Insurance (EAA / ECC Insurance): Egypt-based insurer serving the Suez Canal and broader African / Arab markets with marine and energy lines; directly comparable given shared canal-corridor client base.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/sci-1979

Revenue estimate

Valuation estimate

Number of profiles

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 Suez Canal Insurance - SCI