Latest news with #ContactInsuranceBrokerage
Zawya
4 days ago
- Business
- Zawya
Contact Insurance Brokerage joins forces with UN Global Compact to champion ESG and women in leadership
Cairo: Contact Financial Holding continues to solidify its role as a key development partner in the Egyptian market by championing initiatives that promote good governance, transparency, and equal opportunity, with a strong focus on the economic and social empowerment of women. As part of this commitment, Contact Insurance Brokerage, the Group's insurance brokerage arm, has officially joined the UN Global Compact Network Egypt (UNGCNE), while also supporting UNGCNE flagship women empowerment program, 'Bloom with Purpose.' This Pearson-certified program is designed to equip women in mid-management positions with the strategic leadership skills, emotional intelligence, and decision-making capabilities necessary to advance into senior executive roles—contributing to a more inclusive and resilient business environment in Egypt. By joining the world's largest corporate sustainability initiative, Contact Insurance Brokerage takes a bold step toward deepening its commitment to responsible business practices. This partnership not only strengthens the company's leadership position within Egypt's insurance sector but also unlocks opportunities to scale its sustainability impact through access to global knowledge, tools, and capacity building platforms. including business accelerators in key areas such as Business & Human Rights, Climate Ambition, SDG Innovation, and Business Integrity. In addition to the Sustain360 program, UNGCNE's flagship capacity-building program focused on developing core ESG competencies across the private sector, along with full access to the UN Global Compact Academy, the UN's premier digital learning platform offering practical, on-demand training to help businesses integrate sustainability into strategy, operations, and leadership. 'At Contact Insurance Brokerage, we believe that women's empowerment and good governance are not merely social responsibilities; they are fundamental pillars for building strong and sustainable institutions. Our partnership with the UN Global Compact Network Egypt (UNGCNE) is a natural extension of our vision to cultivate a workplace rooted in diversity, equality, and innovation, where equal opportunity is a core value guiding everything we do,' stated Mrs. Nehal Break, Chairman and Managing Director of Contact Insurance Brokerage. 'We consider women's empowerment a strategic priority, essential to achieving sustainable economic growth and strengthening our competitiveness as a leading company in the Egyptian market. This partnership offers a framework of global standards and best practices that will help translate our vision into action while generating measurable impact across our business and the broader community. We hope this step marks the beginning of a broader journey of impactful initiatives in the near future,' Mrs. Break added. 'We value our collaboration with Contact Group, though our partnership with Contact Insurance Brokerage reflects a strong alignment with our mission. Their support for Bloom with Purpose initiative stands as a clear testament to their commitment to empowering women in decision-making roles,' commented Mrs. Walaa El-Husseiny, CEO of the UN Global Compact Network Egypt. Mrs. El-Husseiny added 'This partnership lays the foundation for impactful, long-term cooperation that we believe will resonate across Egypt's financial sector and labor market. The active engagement of private sector leaders like Contact Insurance Brokerage is essential to advancing the Sustainable Development Goals (SDGs) and strengthening women's leadership across the country.' It is noteworthy that this partnership clearly reflects Contact Insurance Brokerage's long-standing commitment to creating a positive and sustainable societal impact. It aligns with the group's strategic direction of supporting key societal priorities, including gender equality, quality education, decent employment, and good governance, in line with the Sustainable Development Goals.
Economic Key
4 days ago
- Business
- Economic Key
Contact Insurance Brokerage Partners with UN Global
Contact Financial Holding continues to solidify its role as a key development partner in the Egyptian market by championing initiatives that promote good governance, transparency, and equal opportunity, with a strong focus on the economic and social empowerment of women. As part of this commitment, Contact Insurance Brokerage, the Group's insurance brokerage arm, has officially joined the UN Global Compact Network Egypt (UNGCNE), while also supporting UNGCNE flagship women empowerment program, 'Bloom with Purpose.' This Pearson-certified program is designed to equip women in mid-management positions with the strategic leadership skills, emotional intelligence, and decision-making capabilities necessary to advance into senior executive roles—contributing to a more inclusive and resilient business environment in Egypt. By joining the world's largest corporate sustainability initiative, Contact Insurance Brokerage takes a bold step toward deepening its commitment to responsible business practices. This partnership not only strengthens the company's leadership position within Egypt's insurance sector but also unlocks opportunities to scale its sustainability impact through access to global knowledge, tools, and capacity building platforms. including business accelerators in key areas such as Business & Human Rights, Climate Ambition, SDG Innovation, and Business Integrity. In addition to the Sustain360 program, UNGCNE's flagship capacity-building program focused on developing core ESG competencies across the private sector, along with full access to the UN Global Compact Academy, the UN's premier digital learning platform offering practical, on-demand training to help businesses integrate sustainability into strategy, operations, and leadership. 'At Contact Insurance Brokerage, we believe that women's empowerment and good governance are not merely social responsibilities; they are fundamental pillars for building strong and sustainable institutions. Our partnership with the UN Global Compact Network Egypt (UNGCNE) is a natural extension of our vision to cultivate a workplace rooted in diversity, equality, and innovation, where equal opportunity is a core value guiding everything we do,' stated Mrs. Nehal Break, Chairman and Managing Director of Contact Insurance Brokerage. 'We consider women's empowerment a strategic priority, essential to achieving sustainable economic growth and strengthening our competitiveness as a leading company in the Egyptian market. This partnership offers a framework of global standards and best practices that will help translate our vision into action while generating measurable impact across our business and the broader community. We hope this step marks the beginning of a broader journey of impactful initiatives in the near future,' Mrs. Break added. 'We value our collaboration with Contact Group, though our partnership with Contact Insurance Brokerage reflects a strong alignment with our mission. Their support for Bloom with Purpose initiative stands as a clear testament to their commitment to empowering women in decision-making roles,' commented Mrs. Walaa El-Husseiny, CEO of the UN Global Compact Network Egypt. Mrs. El-Husseiny added 'This partnership lays the foundation for impactful, long-term cooperation that we believe will resonate across Egypt's financial sector and labor market. The active engagement of private sector leaders like Contact Insurance Brokerage is essential to advancing the Sustainable Development Goals (SDGs) and strengthening women's leadership across the country.' It is noteworthy that this partnership clearly reflects Contact Insurance Brokerage's long-standing commitment to creating a positive and sustainable societal impact. It aligns with the group's strategic direction of supporting key societal priorities, including gender equality, quality education, decent employment, and good governance, in line with the Sustainable Development Goals. تم نسخ الرابط
Daily News Egypt
13-07-2025
- Business
- Daily News Egypt
Egypt's Contact insurance arms, Germany's GIZ partner on SMEs, gender equity
The insurance arms of Egypt's Contact Financial Holding have expanded their partnership with the German Agency for International Cooperation (GIZ) Egypt to develop insurance solutions for small and medium-sized enterprises (SMEs) and to advance gender equality. The strategic partnership involves Sarwa Insurance, the group's general insurance arm, and Contact Insurance Brokerage. Sarwa Insurance has been selected as one of three general insurers in Egypt to participate in the InsurGrow Egypt 2025 programme. The six-month programme, implemented by GIZ Egypt in collaboration with the Insurance Federation of Egypt, will aim to help insurers develop innovative, tailored products for the SME sector to enhance risk management and expand insurance access. 'We are proud to be chosen as a key partner in this ambitious initiative, which we see as a real opportunity to transform how insurance solutions are designed and delivered to Egypt's SME sector, a critical driver of the national economy,' said Ahmed Khalifa, Managing Director of Sarwa Insurance. 'Through this collaboration, we aim to develop innovative and scalable models rooted in a deep understanding of the market and the real needs of entrepreneurs and business owners, ultimately contributing to their stability and sustainable growth.' In parallel, Contact Insurance Brokerage is joining the 'Women on Track' programme with GIZ Egypt to promote gender equality in male-dominated industries. The programme includes leadership training, institutional policy enhancements, and the implementation of gender-responsive practices to increase female representation in leadership and technical roles. Contact Insurance Brokerage will collaborate with GIZ Egypt on policy reviews, capacity-building workshops, and the integration of equitable frameworks to support women's career progression. 'Our partnership with GIZ Egypt reflects Contact's conviction that diversity is not merely a moral imperative but a strategic advantage, one that fuels innovation, competitiveness, and market growth,' said Nehal Break, Chairman & Managing Director of Contact Insurance Brokerage. 'By institutionalizing equitable policies, we are creating pathways for women to excel and lead. This initiative aligns with our broader vision to establish new industry standards for gender equality while reinforcing our pledge to sustainable development.' The initiatives are part of the JPSME Project, which is implemented by GIZ Egypt on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), and aim to improve labour market conditions and enhance partnerships between the Egyptian private sector and international institutions.
Economic Key
13-07-2025
- Business
- Economic Key
Sarwa Insurance and Contact Brokerage Partner with GIZ Egypt to Expand Sustainable and Inclusive Insurance Coverage
Demonstrating its steadfast commitment to sustainability across its diversified operations, Contact Financial Holding's insurance sector represented by Sarwa Insurance, the Group's general insurance arm, and Contact Insurance Brokerage, the Group's insurance brokerage arm, has expanded its collaboration with the German Agency For International Cooperation (GIZ) Egypt. This strategic partnership is designed to catalyze sustainable economic development by fostering inclusion and diversity within Egypt's workforce, with a dual focus on empowering small and medium-sized enterprises (SMEs) and advancing gender equity in the workplace. Sarwa Insurance has been distinguished as one of only three general insurers in Egypt selected to take part in InsurGrow Egypt 2025 program Implemented by GIZ Egypt in collaboration with the Insurance Federation of Egypt and several local and international partners. This six-month program will empower insurers to reshape how insurance solutions are developed and delivered to SMEs by enabling them to develop innovative, tailored products that address the specific needs of this vital sector, enhancing risk management and expanding insurance access. Sarwa's insurance selection underscores its strong reputation, deep industry expertise, and unwavering commitment to advancing insurance accessibility for Egypt's growing SME landscape. Mr. Ahmed Khalifa, Managing Director of Sarwa Insurance, said, 'We are proud to be chosen as a key partner in this ambitious initiative, which we see as a real opportunity to transform how insurance solutions are designed and delivered to Egypt's SME sector, a critical driver of the national economy. Through this collaboration, we aim to develop innovative and scalable models rooted in a deep understanding of the market and the real needs of entrepreneurs and business owners, ultimately contributing to their stability and sustainable growth.' In tandem, Contact Insurance Brokerage is deepening its engagement with GIZ Egypt to advance gender equality by joining the 'Women on Track' program, which seeks to optimize workplace conditions for women in male-dominated industries. The program encompasses leadership training, institutional policy enhancements, and the implementation of gender-responsive practices to elevate female representation in leadership and technical roles. As part of this initiative, Contact Insurance Brokerage will collaborate with GIZ Egypt on policy reviews, capacity-building workshops, and the integration of equitable frameworks to support women's career progression. This cements the firm's reputation as a trailblazer in gender parity and sustainable business practices within Egypt's insurance brokerage landscape. Mrs. Nehal Break, Chairman & Managing Director of Contact Insurance Brokerage, stated: 'Our partnership with GIZ Egypt reflects Contact's conviction that diversity is not merely a moral imperative but a strategic advantage, one that fuels innovation, competitiveness, and market growth. By institutionalizing equitable policies, we are creating pathways for women to excel and lead. This initiative aligns with our broader vision to establish new industry standards for gender equality while reinforcing our pledge to sustainable development.' It is noteworthy that these initiatives are part of the JPSME Project, implemented by the German Agency for International Cooperation (GIZ) Egypt, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). These initiatives aim to improve labor market conditions and enhance partnerships between the Egyptian private sector and international institutions. تم نسخ الرابط
