The country in a nutshell
- Population: 11.1 million inhabitants (2016)
- Area: 114,763 km2
- GNP: $9.4 bn (2016)
- Rate of growth: 4% (2016)
Beninese insurance market
The beninese policy marketplace, deregulated in 1998, is very competitive with seven life insurers for FCFA 10 billion and seven property and casualty insurers for FCFA 26 billion, of which NSIA and Africaine des Assurances represent 57 % of market share. Ascoma Benin started its activities in 2008. In six fiscal years, the auxiliary took a 10 % commercialize share with a sum premium of FCFA 2.5 billion, thus positioning itself as the 4th largest in the indemnity market by employee turnover. The beninese subsidiary company has besides established itself as a major player in health indemnity with an annual management of FCFA 1.2 billion of reimbursement of health expenses for more than 17,500 beninese. The beninese economy is basically based on its geographic position of entrance to the landlocked countries ( Niger – Burkina – Mali ) and as the gateway to the gigantic market of Nigeria. Port bodily process is very authoritative and vital for the State and its customs revenues. french department of transportation caller Bolloré is a major player and its heavy investments benefit all other players.
*Sources : www.diplomatie.gouv.fr – www.banquemondiale.org
Our expertise in Benin
The expertness and technical know-how of its teams, an in-depth cognition of local specificities and the solid relationships established in dispatch independence with all of the country`s policy companies are assets that enable Ascoma Benin to advise its clients and to offer them tailored contracts that meet their expectations and the specific risks associated with their activities.
Reading: Ascoma Benin
PROPERTY & CASUALTY INSURANCE
We work with large populace, para-public and private companies : risk audit, vulnerability psychoanalysis, prevention measures, setting up coverage and finding the best rates .
For more than 10 years, the Ascoma Group has developed prove solutions for managing the reimbursement of healthcare expenses of company employees.
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Ascoma Benin is frankincense able to provide its clients with its outsource integral management concept that meets the expectations of clients and its employees :
- Access in Third-Party Payer to medical benefits
- Control of the budget allocated by the General Management of the company
many clients already trust Ascoma Benin : populace or para-public institutions, large banks, Internet & telephone operators, cement works, metallurgical plants, key, beverage and pasta factories…
Download the Beninese network list “ Ascoma ” healthcare providers .