Allianz has signed a three-year agreement to support UNICEF’s work to strengthen social inclusion and protection programmes for vulnerable children and their families in Egypt
Cairo, 18 March 2019- Allianz has signed a three-year agreement to support UNICEF’s work to strengthen social inclusion and protection programmes for vulnerable children and their families in Egypt.
The signing ceremony took place at the main hall at Cairo Opera House where the company has committed a total of 6.5 million EGP over the three-year period to support “I Deserve a Chance” Initiative, which will be partly funded through sales of each life and motor insurance policy from Allianz Egypt.
“This partnership is an investment in the future both socially and economically. Helping the most deprived children to reach their full potential is very beneficial; not only, to the children and their families; but also, to the development and economic progress of our community”, said Antoine Issa, Regional CEO, Allianz.
Egypt has made significant progress with regard to child wellbeing over the past 15 years. However, the country continues to face challenges in providing every child a fair chance to survive, thrive and reach their full potential. According to UNICEF research, 10 million children are multidimensionally poor in Egypt. Child poverty is measured in eight dimensions: access to water; access to sanitation; access to information; housing conditions; health; nutrition; education and protection.
Funding from Allianz will help UNICEF support the government’s led-efforts in providing an urgent and integrated policy response to child poverty. Specifically, to improve social inclusion, with a focus on the most marginalized children and improve the accessibility and affordability of education services through conducting research to ensure targeting the most vulnerable.
“Bringing together government, civil society and the private sector to fulfil children’s interest is at the heart of UNICEF's work. We all have a collective responsibility to ensure that every child will lead a healthy and safe life. The support we receive from Allianz Egypt is an important contribution to our joint work to improve social inclusion for all children in Egypt, with a focus on the most marginalized and the most vulnerable”, said Dr. Fazlul Haque, UNICEF Deputy Representative in Egypt.
UNICEF is working closely with its partners to further promote social inclusion for children and to ensure that no child is left behind.
The first element of the Allianz-funded programme will be a one-month multi-media campaign which will be launched by the end of March 2019. This full-fledged campaign will stress on joint responsibility in availing fair chances for every child with focus on access to education, and will be broadcasted on TV, Radio as well as on all digital media platforms.
“Bright young minds shape the world of tomorrow. The lack of proper education opportunities is particularly daunting for those who cannot count on the networks, resources and guidance of their own families. By providing proper education at school, we are making measurable impact in the lives of young people in Egypt whilst efficiently working to reduce youth unemployment. We are one of the world’s largest financial service provider and for that we have to be accountable and particularly our people are asking us to play more of a role, not just to create shareholder value. So we are very proud.” Said Mr. Ayman Hegazy, Managing Director, Allianz Life Assurance Company.
The signing ceremony was attended by an array of distinguished guests, public figures; as well as, senior government officials who all came to support the partnership agreement between UNICEF and Allianz Egypt toward a fair chance for every child.
For more information:
Allianz – Egypt
Head of Market Management & Communication:
Islam Ismail, islam.ismail@allianz.com.eg
United Nations Children’s Fund in Egypt:
Chief of Communication: Jonathan Crickx, jcrickx@unicef.org
Communication Specialist: Hala Abu Khatwa, habukhatwa@unicef.org
About Allianz
About Allianz is a Multinational German insurer operating since 1890. With more than 86 million customers in over 70 countries, it has established itself as one of the world’s strongest financial communities. Allianz Egypt, comprising of “Allianz Life Assurance Company – Egypt” and “Allianz Insurance Company – Egypt”, have a long and successful track record in the Egyptian Insurance market, providing comprehensive and integrated insurance services to business partners and individuals who require the best of local know-how based on extensive international expertise and experience
About UNICEF
UNICEF works in some of the world’s toughest places, to reach the world’s most disadvantaged children. Across more than 190 countries and territories, we work for every child, everywhere, to build a better world for everyone.
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