What Does Wafa Assurance Do?

Total employees2233
HeadquartersCasablanca
Founded

Wafa Assurance, established in 1972, is a leading insurance and reinsurance company headquartered in Casablanca, Morocco. As a key subsidiary of the Attijariwafa Bank group, it holds a dominant position in the Moroccan market and has a significant and growing presence across several other African nations including Tunisia, Senegal, Ivory Coast, Cameroon, and Egypt. Wafa Assurance offers a comprehensive suite of insurance products for individuals, professionals, and corporations, covering life and health, property and casualty, savings, retirement, and Takaful solutions. Listed on the Casablanca Stock Exchange, the company is recognized for its financial solidity, customer-centric approach, innovation in products and services, and its contribution to the economic development of the regions it serves.

Where Is Wafa Assurance's Headquarters?

Wafa Assurance officeWafa Assurance officeWafa Assurance officeWafa Assurance office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central command for strategic planning, group-wide operations management, product innovation, underwriting policy, financial control, and corporate governance for all its activities in Morocco and African subsidiaries.

Notable Features:

A modern office building situated in a prominent business district of Casablanca, reflecting the company's status and operational scale.

Work Culture:

Professional, results-oriented, and customer-focused, with an emphasis on ethical conduct, teamwork, and continuous development. The culture supports innovation in response to evolving market needs.

HQ Significance:

The headquarters is pivotal to Wafa Assurance's leadership in the Moroccan insurance sector and acts as the nerve center for its pan-African expansion strategy and operations.

Values Reflected in HQ: The headquarters embodies Wafa Assurance's values of leadership, stability, customer trust, innovation, and commitment to excellence in the African financial landscape.

Location:

Wafa Assurance primarily operates across Africa. Beyond its home market of Morocco, the company has established a strong presence with direct subsidiaries in Tunisia, Senegal, Ivory Coast, Cameroon, and Egypt. Its global functions revolve around providing comprehensive insurance and reinsurance services, asset management, and assistance services tailored to these African markets, supporting both local populations and businesses.

Street Address:

1, Boulevard Abdelmoumen

City:

Casablanca

State/Province:

Casablanca-Settat

Country:

Morocco

Where Else Does Wafa Assurance Operate Around the World?

Tunis, Tunis Governorate, Tunisia

Address: Immeuble Wafa Assurance, Rue du Lac Biwa, Les Berges du Lac 1, 1053 Tunis, Tunisia

To serve the Tunisian market's insurance needs and contribute to the group's North African presence and growth strategy.

Abidjan, Abidjan Autonomous District, Ivory Coast

Address: Boulevard Valéry Giscard d'Estaing, Immeuble Wafa Assurance, Zone 4C, Marcory, Abidjan, Côte d'Ivoire

To provide comprehensive insurance solutions in Ivory Coast and act as a hub for expansion in the WAEMU (West African Economic and Monetary Union) region.

Douala, Littoral Region, Cameroon

Address: Boulevard de la Liberté, Akwa - Immeuble Wafa Assurance Vie, Douala, Cameroon

To tap into the growing life insurance market in Cameroon and Central Africa, expanding the group's footprint in Sub-Saharan Africa.

Buying Intent Signals for Wafa Assurance

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Wafa Assurance? Meet the Executive Team

As of April 2025, Wafa Assurance' leadership includes:

Ramsès ARROUB - Président Directeur Général (Chairman and CEO)
Slimane BELBACHIR - Directeur Général Délégué Pôle Assurance de Personnes (Deputy CEO, Personal Insurance)
Hakima ALQOH - Directeur Général Délégué Pôle Assurance Non Vie (Deputy CEO, Non-Life Insurance)

Who's Investing in Wafa Assurance?

Wafa Assurance has been backed by several prominent investors over the years, including:

Attijariwafa Bank (Major Shareholder)
Santam Group
Al Mada (Ultimate controlling shareholder of Attijariwafa Bank)

What Leadership Changes Has Wafa Assurance Seen Recently?

Hire0
Exits0

Based on publicly available information, Wafa Assurance's top executive team has remained largely stable over the past 12 months, with no major C-suite hires or departures prominently announced. Key leadership continues to guide the company's strategic initiatives.

What Technology (Tech Stack) Is Used byWafa Assurance?

Discover the tools Wafa Assurance uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Wafa Assurance Email Formats and Examples

Common email formats at Wafa Assurance likely follow standard corporate patterns, often combining elements of an employee's name with the company domain 'wafaassurance.ma'. The most prevalent formats are usually [first_initial][last_name] or [first_name].[last_name].

[first_initial][last_name]@wafaassurance.ma (e.g., jdoe@wafaassurance.ma) or [first_name].[last_name]@wafaassurance.ma (e.g. jane.doe@wafaassurance.ma)

Format

rarroub@wafaassurance.ma

Example

75%

Success rate

What's the Latest News About Wafa Assurance?

Le Matin • February 20, 2024

Wafa Assurance: Turnover up 11.7% to MAD 11.7 billion in 2023

Wafa Assurance reported a consolidated turnover of 11.7 billion Moroccan Dirhams for the year 2023, marking an increase of 11.7% compared to the previous year. This growth was driven by strong performances in both Life and Non-Life insurance segments in Morocco and its African subsidiaries....more

Zawya • September 13, 2023

Wafa Assurance's Egypt Arm (Wafa Life Insurance Egypt) Sees 67% Jump in H1-23 Premiums

Wafa Life Insurance Egypt, a subsidiary of Morocco's Wafa Assurance, announced a 67% year-on-year increase in premiums during the first half of 2023, reaching EGP 200 million. This performance underscores the company's successful expansion and growing footprint in the Egyptian insurance market....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including Wafa Assurance, are just a search away.