OLEA is in Zambia with its subsidiary Olea Benchmark Insurance Brokers

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Olea, the panafrican
insurance broker

Zambia

Zambia

Olea Benchmark Insurance Brokers

Mika C. KAPEMBWA

Managing Director : Mika C. KAPEMBWA

 

 

Biography :

 

Mika is a resourceful seasoned underwriter with a vast experience in Zambia’s Insurance industry, having worked for the largest insurance company Madison General Insurance for 15 years as head of underwriting. She is currently heading a dynamic team of industry experts as Olea Benchmark Insurance solutions Chief Executive officer. She is an expert in General Insurance, Life Insurance and Risk and claims management. She hold an Advanced Diploma In Insurance and a BA in Financial Services Management obtained From Edinburgh Napier University In Scotland.

She was the Hon. Secretary of The Insurance association of Zambia from 2015 to 2017

The Subsidiary

  • Date of creation : 23/08/2012
  • Address : Sun Share Tower 2nd Floor suite 02, Katimamulilo Road, Roma, Lusaka, Zambia
  • Number of employees : 13
  • Spoken languages : English
  • Contact : m.kapembwa@olea.africa

Expertise

 

 

General

 

Life

 

Risk

 

 

Country Information

 

- Population: 17.8 millions
GDP per Capita : 1,503 $
- GDP's growth in 2019: 2.1 %
- GDP's growth in 2020: 5.3 % (forecast)  

 

(source www.coface.com)

 

Strengths of the Economy

 

- Mineral wealth (copper, cobalt, uranium, gold, diamonds, manganese)

- Agricultural wealth (maize, tobacco)

- Significant hydroelectric potential

 

(source www.coface.com)

 

 

Insurance Market

 

Size of the Market in Million : 106 USD
Insurance Penetration Rate (% of the GDP) : 1.16

 

 

 

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