OLEA is in Gabon with its subsidiary Gecar SA Assurances

Olea, the panafrican
insurance broker



Managing Director: Aldo GIGLIO



Holder of a BTS of Management, Aldo began his career in 1983 as an account executive with the company GAN for Industrial risks in Property and Liability as well as Life insurance and then he joined the brokerage firm ASTRAL in Nice in 1984 as a commercial specialized in Health Insurance. He moved to Gabon in 1995 to create and manage the brokerage firm GECAR.


The Subsidiary 

  • Date of creation: 1995
  • Address: BP 409 Libreville
  • Number of employees: 22
  • Spoken languages: French - English
  • Contact: gabon@olea-assurance.com




Natural Resources 


Media & Communication Technologies




Industrial Risks




Country Information


- Population: 1,9 millions
- GDP per Capita: 7 453 $
- GDP's growth in 2017: 0,8%
- GDP's growth in 2018: 2,7% (prev)  






(source www.coface.com)


Strengths of the Economy


- 5th largest oil producer in sub-Saharan Africa; 2nd African producer of wood; rank of 1st world producer of coveted manganese
- Efforts to diversify the economy undertaken under the "Emerging Gabon" plan
- Stability of the CFA franc


 (source www.coface.com)



Insurance Market


- Size of the market in million:

116 758,11 XAF - 197,4 USD
- Insurance Penetration Rate (% of the GDP): 1,38
- 7 non life insurance companies






(source www.axco.co.uk)




Our other subsidiaries are also at your service





Our team of experts is at your disposal
to answer all your questions!