Cashless Plus, a company specialized in the field of electronic payment and collection, announced its contract with a number of insurance companies in the Egyptian market to issue a compulsory electronic insurance policy for car owners.

 

The company said in a statement today, Saturday, that it has contracted with a number of insurance companies, including Misr Insurance, Delta Insurance, the Egyptian Arab Insurance Group, Wethaq for Takaful Insurance, the Egyptian Takaful Insurance, the Egyptian Saudi Finance House, Egypt for Takaful Insurance and others.

 

The statement added that the goal of this contract, which comes within the framework of the general policy of the Egyptian state in the trend towards digital transformation and automation of the insurance system and the provision of traffic services from one window, to ensure that the burden on citizens is reduced and the payment of the due installment only.

 

The General Directorate of Traffic Systems had contracted with the "Cash Less Plus" company and the compulsory insurance companies authorized to issue electronic insurance documents, and they numbered 18 companies, in order to provide the electronic compulsory insurance service.