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In 1998, Gras Savoye France has invested in a financial Consultancy Company named Egyptian Business Consulting Organisation "EBCO".
In 2001, "EBCO" changed its name to be "Gras Savoye Conseil" as it was licensed to be an insurance consultatn by the Egyptian Insurance Supervisory Authority "EISA"
In 2009, the amendment to the insurance law has permitted for the establishment of insurance brokerage companies, Gras Savoye Conseil obtained the license to operate as an insurance broker under the name of Gras Savoye Egypte (License n°2 in the register of insurance brokers) and the company has been operating since then under the name of "Gras Savoye Egypte- Insurance broker"..
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