Algeria Flag

Algeria

OLEA Algeria (Consulting and risk management company) 

Managing Director

...
Sofiane Zerouali

Managing Director

He has a degree in Interpreting and Human Sciences from the University of Algiers and an EMBA in Insurance Company Management. He has worked in the programmes of the French agency for business development with Ubifrance, as a correspondent for Lloyd's and shipping agents, and spent 10 years with Gras Savoye Willis Towers Watson, where he held the positions of Head of Corporate Risk and Network Country Manager.

The Subsidiary

Date Established2020
Employees10
Address

5 Rue des Pins Hydra, 16016 Alger, 2ème étage World Trade Center Algerie 
Emailalgerie@olea.africa
Languages English French Arabic

Some Key Figures

Country population: 45.6 Million (2023 census)

GDP per Capita: $6,006.45 (2023)

GDP growth in 2023: 4.10 %

GDP growth in 2024: 4 % (forecast)

Large oil and gas reserves; significant potential for shale gas development.
Potential in agriculture, renewable energies and tourism.
Favourable geographical position, close to the European market.

Market size: 1.3 Million USD per year

Insurance penetration rate: (as % of GDP) 2.8%

Have a look at our Insurance Solutions!

Liability insurance providing protection against claims resulting from injuries and damage to other people or property.
Property & Casuality
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Cover for property damage and/or bodily injury caused by your vehicle, including to third parties.
Motor & Motor Fleets
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Covers all damage likely to disrupt a company's normal operations, including the company's movable and immovable assets.
Asset & Business Interruption
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Business protection against cyberattacks such as system hacking, viruses, and ransomware leading to data blocking and ransom demands.
Cyber
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Insured protection against violence with political or terrorist overtones.
Political Violence & Terrorism
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Insurance cover against losses incurred for your house contents, devices, and vehicles.
Personal Insurance
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Health cover for individuals and employees of companies in various sectors.
Medical Insurance
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Fraud insurance covering a range of risks associated with external, internal, and cyber fraud.
Crime
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Cargo insurance and transport liability protection against financial consequences in the event of loss or damage of goods transported by sea, air, or land.
Transport
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A specified lump sum paid to your dependants in the event of work incapacity due to temporary or permanent disability or death.
Life Insurance
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Want an in-depth understanding?

Have a look at our Specialised Industry Solutions!

Protection for mining operations against risks associated with exploration, extraction, and processing of mineral resources.
Mining
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Tailor-made risk management solutions to protect operations from potential hazards.
Manufacturing
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Protecting crops and assets from liabilities due to property damage, fire, death, or injuries on your farms.
Agriculture
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Comprehensive solutions for both local and cross-border operations covering risks associated with logistics, vehicles and transport operations in general.
Logistics & Transportation
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Covers risks inherent in the building process, including professional liability insurance to cover consequences of professional negligence.
Construction & Projects
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Customised solutions for the hydrocarbon sector, covering risks associated with the exploration, production, and distribution of oil and gas products.
Oil & Gas
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Risk management solutions protecting against threats in the ever changing technological environment.
Technology
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Designed to protect against the risks inherent in the travel and tourism industry.
Leisure & Hospitality
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Specialised insurance for collectables and high-risk items.
Diamonds. Specie & Collectables
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Insurance strategies tailored to the financial sector's needs, guaranteeing the security of operations and assets.
Banking
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Specialised insurance solutions for renewable energy projects, contributing to the energy transition.
Renewable Energy
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Insurance coverage specifically geared to the operation of aircraft and risks involved in aviation.
Aviation
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Managing your medical aid claims via 3rd Party Administration.
Third Party Administration (TPA)
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Want an in-depth understanding?
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