OLEA is in Rwanda with its subsidiary OLEA CUZO

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Olea, the panafrican
insurance broker




Yvonne Denise KAGWISAGYE

Managing Director : Yvonne Denise KAGWISAGYE



Biography :


Yvonne Denise KAGWISAGYE is the current Chief Executive Officer of OLEA-CUZO RWANDA. She is a holder of a Bachelor’s degree in Business Administration (Majoring in Marketing) and followed multiple local, regional and international trainings in Banking and Insurance Sector.

She has accrued knowledge from over 20 years experience in both Banking and Insurance industries. She worked with AAR Health Services Rwanda, a Pan Africa Company from 2005 – 2011 as a Sales and Marketing Executive then later on as a Corporate Relationship Manager respectively, of which she was the highest flier throughout.

Yvonne briefly worked with CORAR (SAHAM) as an independent agent, still leading in terms of sales but preferred to sell for UAP Insurance Rwanda, a Pan African company, as their first insurance agency from 2013 – 2016 where she won several awards consecutively for the best production.

When the Agency expanded and Yvonne changed modus operandi, it grew into an Insurance Brokerage company which partnered with OLEA and formed OLEA-CUZO.


The Subsidiary

  • Date of creation : 2017
  • Address : Kigali, Rwanda
  • Number of employees : 7
  • Spoken languages : English, French
  • Contact : y.kagwisagye@olea.africa








Fire and Allied Perils




Marine / GIT



Other domains of expertise :

  • Professional Indemnity
  • Directors & Officers Liability Insurance
  • Bankers Blanket Bond
  • Contrators All Risks
  • Life Insurance


Country Information


- Population: 12.1 millions
GDP per Capita : 787 $
- GDP's growth in 2019: 10.2 %
- GDP's growth in 2020: 8.6 % (forecast)  


(source www.coface.com)


Strengths of the Economy


- Geological potential: cassiterite, coltan, gold, precious stones (aquamarine, ruby, sapphire)

- Tourism potential

- Developing industrial base

- One of the most favourable business environments on the African continent

- Significant progress in governance and relative political stability


(source www.coface.com)



Insurance Market


Size of the Market in Million : 91,524 USD
Insurance Penetration Rate (% of the GDP) : 1.7




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