MAVEN Developments partners with AXA Insurance Egypt for insurance to cover innovative insurance services for owners of Baymount project in Galala Ain Sokhna, Invest-Gate reports.

This contract comes within the framework of the company’s strategy to develop the real estate sector, which mainly contributes to economic and social development, according to the company’s press release. The partnership also comes in line with the company’s endeavors to meet the customers’ needs and providing them with a unique integrated service, the statement reads.

Hosam El-Sharkawy, Managing Director of MAVEN, further comments, “We are proud of this partnership as a first of its kind in the real estate sector,” adding that “the partnership includes providing services to the clients of the Baymount project in the Galala ​​Ain Sokhna.”

He further points out, “Our customers are a fundamental pillar of our success. We are keen to provide integrated services to them hoping to add real value. The insurance coverage includes all the 1500 units, and protecting the monthly installments in cases of illness not to mention the assistance service to all new customers.”

“I am proud of this partnership with MAVEN Developments to provide the best insurance coverage to clients. This reflects AXA goals’ since its inception in the Egyptian market,” Ahmed Nasif, managing director of AXA Insurance Egypt says.

“It also reflects AXA’s strategy in Egypt in terms of providing all innovative insurance solutions to clients. AXA aims to cooperate with MAVEN Developments in all its upcoming projects,” Nasif adds.