Allianz & UNICEF join hands for the most vulnerable families

The two organizations work together to advocate for better access to quality services for vulnerable families and for their inclusion in society

CAIRO, 8 February 2021 – Today, Allianz Egypt celebrates the continuation of its fruitful partnership with the United Nations International Children’s Emergency Fund (UNICEF) for the second year by launching the campaign “Our Children – Our Project”. This partnership dates back to 2019, when Allianz Egypt allocated EGP 6.5 million to be spent over 3 years (2019-2022) with the aim of supporting UNICEF programs.

“Allianz Egypt has donated over EGP 2 million in 2020 to promote social inclusion and to support vulnerable children in Egypt in cooperation with UNICEF; all in line with our continuous efforts to improve the situation of the most deprived families”, said Mr. Ayman Hegazy, Chairman & CEO of Allianz Group in Egypt.

“Working our way through the campaign (I Will Learn – I Deserve a Chance) that was launched last year, in support of UNICEF, followed by the campaign (Our Children – Our project) which was launched this year, Allianz Egypt is determined to devote all conceivable efforts towards

supporting underprivileged families in Egypt. Over a period of 3 years Allianz Egypt continues to

help in promoting changes needed to improve the access of families living in poverty to quality basic services and their inclusion in society,” Hegazy added.

Since 2019, Allianz Egypt had already sold more than 217,000 life & car insurance policies. The donations go towards supporting UNICEF programmes around the social inclusion of vulnerable children & their families in Egypt. Although 2021 kicks off with some undeniable uncertainty, Allianz Egypt remains positive and hopeful that our collective efforts can afford the entire society better prospects, especially focusing on children most in need.

For UNICEF’s Representative, Mr. Jeremy Hopkins, “this partnership with Allianz Egypt has been very successful thus far, enabling us to support to the Ministry of Social Solidarity with technical expertise in social protection, and produce several research products to better understand child

poverty and child wellbeing in Egypt”.

After only one year of partnership with Allianz Egypt, UNICEF was able to implement several studies including four rounds of Real Time Monitoring on the impact of COVID on family wellbeing, poverty analysis delivered to relevant government partners, and promoted policy dialogues and exchanges between national experts, senior government officials and

international experts on issues related to youth employment and quality education, and support to poor families in times of stress.

Mr. Hopkins praised the results of the partnership with Allianz Egypt by adding “this partnership with Allianz is exemplary on many fronts and I hope that it can inspire other private sector entities in Egypt. Allianz’s support on social protection initiatives greatly contributes to UNICEF’s approach of targeting the most vulnerable. This partnership paves the way for more private sector involvement in these areas and leaves a commendable impact on Egyptian society.”

About Allianz Egypt

Allianz Egypt is an affiliate to Allianz Group; established in 1890 as a German multinational financial & insurance services provider. Allianz Egypt inaugurated its business in Egypt back in

1976, registered under (Arab International Companies) tradename. In 2004, Allianz acquired the entire company and classified its scope of work among (Allianz Life Assurance Company – Egypt) and (Allianz Insurance Company – Egypt). Throughout 16 fully-fledged branches & strategic partnership with top-notch banks in Egypt, Allianz Egypt provides a comprehensive portfolio of diversified solution serving Life, P&C and Medical Insurance.

About UNICEF

UNICEF promotes the rights and wellbeing of every child, in everything we do. Together with our partners, we work in 190 countries and territories to translate that commitment into practical action, focusing special effort on reaching the most vulnerable and excluded children, to the benefit of all children, everywhere.

For more information about UNICEF and its work for children, visit www.unicef.org/egypt/

Allianz media contacts: UNICEF media contacts:

Jonathan Crickx, Chief of Communication UNICEF Egypt, jcrickx@unicef.org Karim Hamed, Communications Officer UNICEF Egypt, khamed@unicef.org