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Your pan-African insurance broker

Burkina Faso

OLEA Burkina Faso

Burkina Faso

OLEA Burkina Faso

Expertise
Expertise
Property & Casualty
Employee Benefits
Construction
Financial Lines
Political Violence & Terrorism
Pension
Motor
Transport
Business Interruption
Cyber
Property & Casualty
Employee Benefits
Construction
Financial Lines
Political Violence & Terrorism
Pension
Motor
Transport
Business Interruption
Cyber

SOME KEY FIGURES

Country information
Population: 21.5 million
GDP per capita: $ 887
GDP growth in 2022: 3.6%
GDP growth in 2023: 4.0% (forecast)
Economy Highlights
Major producer of gold (6th in Africa) and cotton (3rd in Africa in 2020)
Member of the West African Economic and Monetary Union (ensuring the stability of the currency, the CFA franc, against the euro)
Support from the international financial community (one of the first countries to benefit from the HIPC initiative)
Insurance market
Market size in millions: XOF 50,248 - USD 101.6
Penetration rate as % of GDP: 0.78
17 insurance companies (8 life, 8 non-life and one reinsurance company)
The subsidiary
Date of creation
2014
Collaborators
6
Address
10 BP 13218 Ouagadougou
Spoken languages
French, English
Contact
burkinafaso@olea.africa

Serge Roméo YAO

Managing Director

Serge started his career in 2009 in Abidjan, as a sales technician for Le Millenium Assurances IARD (now SUNU Assurances) in charge of portfolio development. In 2010, he joined the brokerage firm H2A Côte d'Ivoire where he held the position of the corporate portfolio manager. In March 2012, he was assigned to Burkina Faso for the opening of the subsidiary H2A Burkina. He was subsequently recruited by Omega Assur, in July 2015, as sales manager. He held the position of Chief Operating Officer until April 2018. In May 2018, he became Managing Director of OLEA Burkina Faso. Serge holds a DUT in Commerce and Business Administration - Insurance option from the National Polytechnic Institute of Yamoussoukro in Ivory Coast obtained in 2007.

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© OLEA 2023 – LEGAL INFORMATIONS – SITEMAP – COOKIES MANAGEMENT – UPDATED ON : 12/03/2023

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