Summary
In a move that reflects his commitment to transparency and engagement, Alaa El-Zoheiry, President of the Insurance Federation of Egypt (IFE), officially launched his election campaign for the 2025–2029 term via a professional post on LinkedIn.
Under the banner “Our Strategy 2025–2029: Building on Foundations, Launching into the Future,” El-Zoheiry called for an open dialogue about the future of the insurance industry, stressing the importance of inclusive participation from all stakeholders.
Key Pillars of the Election Program
El-Zoheiry’s new program is based on a realistic and scientific analysis of organizational and economic changes affecting the sector. The proposed strategy focuses on:
- Responding to demographic shifts and changes in the labor market
- Expanding digital transformation and innovation infrastructure
- Promoting financial inclusion and increasing insurance penetration
- Supporting entrepreneurship and micro/small businesses
- Leveraging Insurance Law No. 155 of 2024
Implementing the updated IFE bylaws and governance structure
Previous Achievements: Over 90% Completion Rate
El-Zoheiry highlighted that more than 90% of the goals from the previous plan were achieved, crediting the combined efforts of technical committees, work teams, market partners, and the Financial Regulatory Authority (FRA).
Achievements include:
- Upgrading technical and administrative systems
- Strengthening regional and local cooperation
- Advancing sustainable insurance practices
- Expanding digital tools and modernizing the tech infrastructure
An Open Call for Dialogue and Participation
El-Zoheiry concluded by inviting all relevant stakeholders—insurance companies, experts, academic institutions, and regulators—to:
- Review the proposed program
- Share their feedback and insights
- Actively contribute to shaping the future direction of the federation
He also pledged to release more details progressively via official channels, especially on LinkedIn, to foster transparency and collective input.