On 18-19 December 2009, the Egyptian Financial Supervisory Authority (EFSA) organized a seminar in Cairo to share information on successful policy and regulatory approaches in the area of microinsurance and to increase awareness of the market dynamics and potential of this sector in Egypt and the MENA region.

Supported by an AFI grant, this first-ever regional seminar on micro-insurance in the MENA region seminar brought together a range of public- and private-sector stakeholders to exchange knowledge on practical solutions and industry approaches for expanding the uptake of microinsurance products and services. It also identified some key barriers for developing appropriate microinsurance solutions for low-income people and strategies to overcome these.

EFSA is a public policy institution responsible for licensing and regulating non-bank financial markets and instruments. Among its core activities, EFSA is responsible for developing the Egyptian insurance sector and for protecting the rights of insurance policyholders.