- CEO
- Reda Fathy Ahmed
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Giza Egypt
- IPO Date
- Jan 2, 1993
- Business
- Mohandes Insurance Co. S.A.E. is an Egypt-based insurance provider offering a comprehensive suite of commercial and personal insurance products to corporate, institutional, and retail clients. Founded in 1980 and headquartered in Giza, Egypt, the company operates under the regulatory supervision of the Financial Regulatory Authority and trades on the Egyptian Exchange under the ticker symbol MOIN. Mohandes Insurance delivers underwriting, risk mitigation, and claims management services across Egypt through a nationwide branch network spanning Greater Cairo, Alexandria, the Delta, Upper Egypt, and the Canal Zone. The company operates in both non-life and life insurance sectors, delivering life assurance and long-term savings schemes through its key subsidiary, Mohandes Life Insurance Company.
The company's core product and service portfolio spans multiple specialized insurance business segments, including: Motor Insurance, comprising comprehensive motor vehicle coverage, compulsory third-party liability, and commercial fleet management solutions; Property and Fire Insurance, encompassing fire and allied perils, property all risks, business interruption, and burglary coverage; Engineering Insurance, offering contractors' all risks, erection all risks, machinery breakdown, boiler explosion, deterioration of stock, and electronic equipment coverage; Marine and Aviation Insurance, covering marine cargo across sea, air, and inland transit, marine hull and machinery, and aviation hull and liability; Medical and Health Insurance, providing corporate group health insurance, inpatient and outpatient hospitalization plans, and medical network administration; Liability and Casualty Insurance, including public liability, product liability, employer's liability, professional indemnity, and directors and officers liability; and Miscellaneous Financial Lines, covering cash in transit, cash in safe, fidelity guarantee, plate glass, and credit insurance.
In recent corporate and operational developments, Mohandes Insurance has executed capital increases to expand its authorized and paid-up capital base in alignment with updated regulatory solvency benchmarks, strengthening its underwriting capacity and retention limits for major commercial and infrastructure projects. The company has accelerated its digital transformation program, upgrading core enterprise underwriting software, introducing automated policy issuance tools, and integrating digital premium collection through strategic partnerships with major electronic payment networks. Furthermore, Mohandes Insurance has expanded its distribution channels through new collaboration agreements with third-party administrators, automotive service networks, and financial institutions, while extending its regional footprint with new branch openings to support the growth of its small and medium-sized enterprise and retail microinsurance portfolios.