OLEA is in Algeria with its subsidiary OLEA Insurance Solutions Algérie

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Olea, the panafrican
insurance broker

Algeria

Algeria

OLEA Insurance Solutions Algérie

Sofiane ZEROUALI

Managing Director : Sofiane ZEROUALI

 

 

Biography :

 

Having graduated from the University of Algiers in Interpreting and Human Sciences, he has worked in the programs of the French agency for business development with Ubifrance, then Lloyd’s correspondent. Then he spent the last 10 years at Gras Savoye where he held the positions of Corporate Risk Manager and Network Country Manager for Willis Towers Watson.

 

The Subsidiary

  • Date of creation : 18th May 2020
  • Address : 13 rue, Mohamed Semani, Hydra, Alger, 16000, Algeria
  • Number of employees : 5
  • Spoken languages : English, French, Arabic
  • Contact : s.zerouali@olea.africa

Expertise

 

 

Risk Management

 

Liability

 

Transport

 

Construction

 

 

Other domains of expertise :

  • Cyber
  • Healthcare Benefits
  • Master Insurance Programs
  • Cyber
  • Car Insurance
  • Consulting & Servicing

 

Country Information

 

- Population: 40.6 millions
GDP per Capita : 4,081 $
- GDP's growth in 2019: 0.8 %
- GDP's growth in 2020: 1.6 % (forecast)  

 

(source www.coface.com)

 

Strengths of the Economy

 

- Major oil and gas reserves; significant potential for shale gas development

- Potential in agriculture, renewable energies and tourism

- Low external debt

 

(source www.coface.com)

 

 

Insurance Market

 

Size of the Market in Million : 1,193 USD
Insurance Penetration Rate (% of the GDP) : 1

 

 

 

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