OLEA is in Benin with its subsidiary Afrik Assur

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Olea, the panafrican
insurance broker



Managing Director: Shadiya ASSOUMAN



Shadiya began her career in 2002 at THEOREME where she is in charge of group insurance. She joined HENNER in 2015 where she held the position of Senior Account Consultant She will join AFRIK ASSUR in Benin in December 2015 to head the Cabinet. Shadiya holds a Master's Degree in International Insurance Management from the Ecole Supérieure de Paris after a Master's degree in Business Administration and Management from Tours.


The Subsidiary 

  • Date of creation: 2015
  • Address: Champ de foire - Immeuble Océane - Patte d'oie 04 BP 13
  • Number of employees: 7
  • Spoken languages: French - English
  • Contact: benin@olea-assurance.com






Heavy industry


Renewable Energy




Country Information


- Population: 11,1 millions
- GDP per Capita: 771 $
- GDP's growth in 2017: 5%
- GDP's growth in 2018: 5,7%



(source www.coface.com)


Strengths of the Economy


- Démocraty firmly rooted
- Major financial support from donors

- Strategic access to the sea


(source www.coface.com)



Insurance Market


- Size of the Market in Million:

40 217 XAF - 81,3 USD

- Insurance Penetration Rate (% of the GDP): 0,91
- 7 life insurance companies and 7 non life insurance companies



(source www.axco.co.uk)




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