Name

Allianz Egypt

Legal name

Allianz Life Assurance Egypt and Allianz Insurance Company Egypt

Website

https://allianz.com.eg

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Insurance Services

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Direct Property and Casualty Insurance Carriers (524126)

SIC

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

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industry

Group Universal Life (GUL) (FSAIADAC)

Keywords

• Life insurance
• Health insurance
• Motor insurance
• Property insurance
• Employee benefits

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices15 records

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: Revenue generated from life insurance products including education planning, family protection, financial planning, ladies protection, retirement planning, and term life protection
2. Health Insurance Premiums: Revenue from health insurance programs including Health Plus with local and regional coverage options
3. Motor Insurance Premiums: Revenue from car insurance products including Motor One and Motor Plus
4. Property Insurance Premiums: Revenue from property insurance including home, business, and safety insurance products
5. Group Life Insurance Premiums: Corporate employee benefits including group life insurance with optional covers for accidental death, partial and permanent disability
6. Group Medical Insurance Premiums: Corporate group medical plans with flexible benefit packages for employers and employees
7. Group Retirement Plan Contributions: Savings and investment plans for employee retirement with defined contribution and target benefit options

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels5 records

Core offering

Allianz Egypt operates two licensed entities — Allianz Life Assurance Company (FRA license 2001/15) and Allianz Insurance Company (FRA license 2001/13) — providing individual and corporate insurance solutions including motor, health, life and savings, property, accident, marine, liability, engineering, and group employee benefits products distributed across Egypt through agency, bancassurance, branch, and digital channels.

Product overview

Allianz Egypt operates two licensed entities — Allianz Life Assurance Company (license 2001/15) and Allianz Insurance Company (license 2001/13) — offering a broad insurance portfolio across individual and corporate segments. Individual solutions span motor insurance (Motor One, Motor Plus), health insurance (Allianz Care, Health Plus with five tiers), life and savings (Education Planning, Family Protection, Financial Planning, Ladies Protection, Retirement Planning, Term Life Protection), and property (Home Plus, Business Plus, Safety Plus). Corporate solutions cover property & casualty (Accident Insurance, Engineering Solutions, Liability Insurance, Marine Insurance, Motor Insurance, Property Insurance) and employee benefits (Group Life Insurance, Group Medical Plan, Group Retirement Plan). Digital self-service is provided via the MyAllianz mobile application and a Customer Web Portal.

Differentiator

Problem solved

Functional benefit

Brands

• Allianz Care: Health insurance program offering comprehensive medical coverage through a wide network of private hospitals and doctors
• Motor One
• Motor Plus
• Health Plus
• Home Plus
• Business Plus
• Safety Plus

Products and services

• Motor One Entry-level motor insurance covering third-party liability and basic vehicle damage for individual car owners in Egypt.
• Motor Plus Comprehensive motor insurance covering vehicle damage, collision, fire, theft, and third-party liability for individual car owners.
• Allianz Care Individual health insurance offering access to a wide network of private hospitals and doctors, covering inpatient and outpatient care, dental, optical, and maternity benefits.
• Health Plus Comprehensive individual health insurance with five tailored packages (Royal, Platinum, Golden, Golden Plus, Super Golden Plus), offering local and regional medical coverage through a NEXtCARE-administered provider network.
• Education Planning Life insurance savings plan designed to fund children's future educational expenses through regular contributions invested in diversified funds.
• Family Protection Life insurance plan providing financial protection to a policyholder's family in the event of death, ensuring family financial stability.
• Financial Planning Life insurance savings and investment product that helps individuals plan and achieve their financial goals through structured contributions.
• Ladies Protection Life and health insurance plan tailored for women, offering protection and savings features addressing female-specific financial and health needs.
• Retirement Planning Individual retirement savings plan allowing contributors to build a pension fund through regular or lump-sum contributions invested across diverse funds.
• Term Life Protection Term life insurance providing coverage for a specified period, paying a death benefit if the insured passes away during the term.
• Home Plus Home and property insurance covering buildings, contents, personal accident, and liability against risks including fire, natural hazards, theft, collision, water damage, and glass breakage.
• Business Plus Business property insurance for small commercial enterprises covering buildings, contents, office equipment, inventory, and associated liabilities against fire, natural hazards, burglary, and business interruption risks.
• Safety Plus Personal accident insurance covering accidental death, total and partial permanent disability, and temporary disability with weekly income benefits for individuals aged 18–65.
• Corporate Accident Insurance Corporate accident coverage including cash transit theft-by-violence insurance, fidelity/embezzlement insurance, and group personal accident insurance for employees.
• Engineering Solutions Engineering insurance covering contractors' all risks, erection all risks, contractors' plant and equipment, machinery breakdown, and electronic equipment for construction and industrial projects.
• Liability Insurance Corporate liability insurance covering civil liability, product liability, employers' liability, motor liability, professional liability, clinical trials, and directors' and officers' liability.
• Marine Insurance Marine and cargo insurance covering goods in transit by land, air, and sea, including project cargo, bulk cargo, general cargo, and containerized goods.
• Corporate Motor Insurance Commercial fleet and company vehicle motor insurance covering collision, fire, theft, third-party liability, with deductible structures varying by vehicle age for commercial vehicles and private company cars.
• Corporate Property Insurance Corporate property insurance covering buildings, machinery, goods, and furnishings against fire, natural hazards, explosion, theft, business interruption, and related liabilities.
• Group Life Insurance Group life insurance providing natural death and optional accidental death, total/permanent disability, and partial/permanent disability coverage for corporate employees.
• Group Medical Plan Corporate group health insurance with flexible packages covering inpatient, outpatient, dental, optical, maternity, chronic conditions, and critical illness for employees.
• Group Retirement Plan Corporate group retirement savings plan with defined contribution and target benefit options, individual investment accounts, and flexible contribution rates in EGP or USD.

Quantifiable outcome

• Average customer rating improved from 1.8 in 2015

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• NEXtCAREcoreTechnology or IntegrationNEXtCARE provides the medical network management services for Allianz Egypt's health insurance products. They manage the healthcare provider network including hospitals, clinics, labs, and pharmacies. NEXtCARE also provides a mobile application for iOS and Android for claims submission and medical network search.
• Local Banks (Bancassurance)coreChannel Partner/ Reseller/ DistributorPartnership between Allianz Egypt and local banks to provide insurance services to bank clients. Financial Service Advisors operate within bank branches to offer insurance products to customers.
• FawryminorOthersFawry provides payment infrastructure allowing Allianz customers to pay insurance premiums at Fawry retail outlets and through bank ATMs.
• Jumia PayminorOthersJumia Pay partnership enables Allianz customers to pay life insurance premiums through the Jumia Pay app.
• Orange CashminorOthersOrange Cash mobile wallet partnership allows customers to pay life insurance premiums through the Orange Cash application.
• SR Padel (PadelPod)minorStrategic or Co-development PartnerCultural and sports partnership supporting padel sports activities as part of Allianz Egypt's community engagement initiatives.
• IgniteminorStrategic or Co-development PartnerCultural and sports partnership as part of Allianz Egypt's community and sports initiatives.
• Olympic and Paralympic MovementminorStrategic or Co-development PartnerInternational Olympic and Paralympic Committee partnership supporting global athletic initiatives and promoting Paralympic sports.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Egypt Insurance Company: State-owned Egyptian multi-line insurer with broad life and P&C offerings, large legacy book, and extensive branch network. Comparable to Allianz Egypt across full multi-line distribution; differs in ownership (state-owned) and product breadth being more legacy-anchored.

Others

• MedNet: Regional third-party administrator and health insurance network operator across the Middle East, including Egypt. Comparable as a participant in the same health-insurance value chain (network management, claims administration) that Allianz Egypt relies on via NEXtCARE.
• Allianz Saudi Fransi (Bahri / Allianz Saudi Arabia): Saudi multi-line insurer co-owned by Allianz Group and a local partner, structurally comparable as the JV vehicle for Allianz's Middle East franchise. Material to Allianz Egypt because it is explicitly named in the JV structure of Allianz Egypt.

Direct peers

• Misr Insurance Company: One of Egypt's oldest and largest state-affiliated multi-line insurers, offering life and P&C products across individual and corporate segments. Directly comparable on multi-line breadth, Egyptian regulatory environment, and distribution scale (extensive branch network).
• MetLife Egypt: Egyptian operations of global life insurer MetLife, focused on life and savings products. Comparable to Allianz Egypt's individual and group life book (term life, education planning, retirement), with similar bancassurance and agent distribution models.
• GIG Egypt (Arabian Misr Insurance Group): Egyptian multi-line insurer with regional (Gulf) backing, offering life, health, motor, and corporate lines. Comparable as a multi-line competitor with similar cross-MENA ownership structures pursuing individual and corporate insurance customers in Egypt.
• AXA Egypt: The Egyptian subsidiary of global insurer AXA, offering multi-line life, health, motor, and property insurance in Egypt. Directly comparable to Allianz Egypt as a global-brand multi-line insurer competing for the same customers across individual and corporate segments.

Regional players

• AXA Cooperative Insurance (Saudi Arabia): Saudi-listed multi-line insurer with global AXA backing operating across the Middle East. Comparable as a peer MENA insurer with similar parent-brand-and-local-JV structure and multi-line (life, health, motor, P&C, corporate) offering, though primarily serving Saudi Arabia.
• Delta Insurance Company: Egyptian multi-line insurer offering life and P&C products to individuals and corporates in Egypt. Comparable on multi-line product breadth and Egyptian regulatory framework, with somewhat narrower product scope and brand reach than Allianz Egypt.
• Mohandes Insurance Company: Egyptian insurer with strong engineering and professional liability orientation alongside broader lines. Comparable for corporate P&C product mix (engineering, liability, marine) and Egyptian corporate customer base, while being more specialized in engineering-related cover.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@allianz
• Facebookfacebook.com/allianzegyptofficial
• Instagraminstagram.com/allianzegypt
• LinkedInlinkedin.com/company/allianzegyptofficial

Compliance2 records

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 Allianz Egypt