OLEA is in Cameroon with its subsidiary Afrik Assur

Olea, the panafrican
insurance broker

Cameroon

OLEA CAMEROON

Managing Director: Maurice BOUZEMARENE

 

Biography:

Maurice began his career in insurance at UAP in 1992 in Paris, as Commercial Inspector.

 

In 1994, he joined Abeille Vie where he held the position of Head of Commercial Animation for the Paris and Ile de France region. In 1995, he became Sales Director for Abeille Vie's Organization and Wealth Management network.

 

Abeille Vie becomes AVIVA and in 1999, Maurice is appointed Director of Regional Management Paris Ile de France. He then became General Manager of Médéric Conseil, a subsidiary of Aviva and Médéric that he founded and managed from 1999 to 2011. After a stint as a Consultant for a Micro Insurance Institute (MIIR), he joined Gras Savoye International in 2012 to pilot the subsidiary Gras Savoye Algeria.

 

In addition to his career, Maurice taught at the Ecole Nationale d'Assurance Paris from 2006 to 2018.

 

An economist by training, he holds a DEA in Economics and Finance completed by an MBA in Insurance Business Management.

 

The Subsidiary 

  • Date of creation: 2016
  • Address: B.P. 9005 DOUALA
  • Number of employees: 11
  • Spoken languages: French – English – Spanish
  • Contact: cameroun@olea-assurance.com

 Expertises

 

 

Transport

 

Bank

 

Renewable Energy

 

Media & Communication Technologies

 

 

 

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)

 

 

 

Our other subsidiaries are also at your service

 

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