Suez Canal Insurance Company is an Egyptian joint stock company, established on October 10, 1979, in accordance with the provisions of Law No. 159 of 1981 and Law No. 10 of 1981, and is also subject to the provisions of Law No. 155 of 2024.
The Company operates under the supervision and control of the Financial Regulatory Authority (FRA) and holds license No. 5 of 1979, issued by the FRA, authorizing it to undertake property and liability insurance activities. It is the first private-sector insurance company in Egypt, founded under the auspices of both the Arab Contractors and the Suez Canal Authority.
Since its inception in the Egyptian market, the Company has set a benchmark of excellence, offering distinguished and comprehensive insurance services to national projects, private-sector ventures, investments, and other client segments. Reinforcing its commitment to safeguarding the national economy, the Company has established a widespread network of 29 branches and offices across all governorates of the Arab Republic of Egypt, contributing to the achievement of significant milestones.
The Company's paid-up capital amounts to 520 million Egyptian pounds.
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To become the first choice for any client, increase the company's market share, and take over the leadership of the insurance market in Egypt.
We aspire to achieve our vision through the following:
Suez Canal Insurance Company seeks to be ranked first among Egyptian insurance companies by gaining high trust, loyalty, customer satisfaction, and shareholders satisfaction.
Values are our guide and inspiration whenever making a decision.
The company works to meet customers' needs, provide high-quality insurance services, and build a stable and distinguished relationship with customers.
The company seeks to build an effective team of experienced people who owe allegiance to the company. SCI also works on its continuous development through training programs nationally and internationally.
Suez Canal Insurance Company works on continuous improvement and development of services provided before and after the issuance of documents.
Suez Canal Insurance Company is committed and fair, keeps its promises, and adheres to all regulatory requirements.
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