OLEA, the panafrican insurance broker has operation in Morocco

Morocco

ALLIANCE INTERNATIONALE D'ASSURANCE (AID)

Managing Director: Aymeri Falgayrettes

Biography:

Aymeri starts his career in Paris as an entrepreneur in the Real Estate Industry. He joined insurance brokerage in Morocco in 2013 in the International Insurance Alliance (AID), one of the largest Moroccan brokers located in Casablanca and co-founded by his family in 1949. Aymeri has been entrusted with the general management of the company following the acquisition of AID by OLEA in February 2018.

The Subsidiary

Date of creation: 1949
Address: 3 rue Allal Ben Abdallah – 20000 Casablanca
Number of employees: 22
Spoken languages: French - English - Arabic
Contact: maroc@olea-assurance.com

Expertises

Natural Resources

Media & Communication Technologies

Transport

Industrial Risks

Country Information

- Population: 34,5 millions
- GDP per Capita: 3 004 $
- GDP's growth in 2017: 4,3%
- GDP's growth in 2018: 2,9% (prev)

(source www.coface.com)

Strenghts of the Economy

- Favorable geographical position, close to the European market
- Strategy for upscaling and diversification of production in the industry
- Political stability and reform commitment
- Increasing integration into the African market

(source www.coface.com)

Insurance Market

- Size of the Market in million: 3 094 USD

- Insurance Penetration Rate (% of the GDP): 3,08
- 22 non life insurance companies

(source www.axco.co.uk)

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