Souhoola Announces Exclusive Partnership with MetLife Life Insurance

Souhoola announced a strategic partnership with MetLife to provide insurance coverage for all customers

The partnership covers a portfolio of over three hundred thousand customers and seven billion pounds

As MetLife will provide credit insurance coverage through a group policy covering death and disability

This initiative comes in line with the Financial Regulatory Authority decree regarding mandatory borrower insurance

Partnership Scope and Executive Insights

Ahmed El Shanawany stated that this step adds a new dimension to the customer experience

As Waleed Abdel Mohsen emphasized that insurance protection contributes to a more integrated financial journey

The partnership helps mitigate the impact of unexpected circumstances on customers and their financial commitments

As Souhoola continues developing services to match customer needs and modern consumer finance market developments

Company Profiles and Future Outlooks

Souhoola was established in two thousand nineteen with a capital reaching four hundred million pounds

As MetLife has been operating in the Egyptian market since nineteen ninety seven providing plans

Both companies aim to advance integrated financing solutions and support the non-banking financial sector ecosystem

As this collaboration models create tangible value for clients and support continuous market growth

The coverage includes existing and new customers subject to terms governing the insurance policy