EGFI Building Ties to Insurance Firms to Cover Export Risks

The Export Guarantee Fund of Iran is collaborating with insurance companies to expand risk coverage for export companies, the EGFI chief said. 
Outlining the new strategy of Iran’s main export credit agency, Afrouz Bahrami underlined the need to form an insurance consortium for better management of macro risks emanating from exports. 
Bahrami made the statements on the sidelines of a meeting to sign a memorandum of understanding with Hafez Insurance Company. The insurer provides coverage mainly to businesses in the free and special economic zones.