OLEA is in Cameroon with its subsidiary Afrik Assur

Olea, the panafrican
insurance broker



Managing Director: Jean-Marie MAVIANE



Jean-Marie began his career in 1977 at SOCAR before joining the CNA SAHAM in 1986, where he remained for 13 years. He was recruited in 2000 at AXA, where he successively held the positions of Head of the Transport and Aviation Department and Head of the Network Department of the General Agencies. In 2010 he was recruited at ASCOMA as Technical Transport Manager for the six countries in the Africa, Central and East zone. He joined AFRIK ASSUR in 2016 where he became head of the subsidiary.


The Subsidiary 

  • Date of creation: 2016
  • Address: B.P. 9005 DOUALA
  • Number of employees: 5
  • Spoken languages: French – English
  • Contact: cameroun@olea-assurance.com








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Country Information


- Population: 23,7 millions
- GDP per Capita: 1 238$
- GDP's growth in 2017: 3,9%
- GDP's growth in 2018: 4,3% (prev)



(source www.coface.com)


Strengths of the Economy


- Agricultural, Petroleum and Mining Resources
- Diversified economy, compared to other oil-exporting countries
- Ongoing Infrastructure Modernization (CAN 2019)

(source www.coface.com)



Insurance Market


- Size of the market in Million: 175 876 XOF - 297,6 USD
- Insurance Penetration Rate (% of the GDP): 1,05
- 16 non life insurance companieset 9 life insurance companies


(source www.axco.co.uk)




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