Established since 1953 in Yaoundé then Douala, Ascoma Cameroon provides its expertise and advice in insurance and reinsurance solutions throughout Cameroon.
The country in a nutshell
- Population: 23.7 million (2016)
- Area: 475,442 km2
- GNP: $29.198 billion (2015)
- Rate of growth: 4.5% (2016)
Cameroonian insurance market
Despite the unrelenting attacks of Boko Haram that have weakened the country, Cameroon's economic growth is stable mainly because of the increase in oil production. France remains one of the leading investor countries thanks to the presence of around 100 French group subsidiaries. In Cameroon, insurers hold 15.2% of market share with an annual income of FCFA 154,200 million.
*Sources: www.diplomatie.gouv.fr - www.banquemondiale.org - www.fanaf.org
Our expertise in Cameroon
Benefiting from the support and expertise of the Ascoma Group, an international insurance brokerage established in Africa for more than 60 years, Ascoma Cameroon manages a portfolio of very varied clients – multinationals, SMEs, professionals, traders, individuals – while adapting to their local and international needs.
As a leading local player in the insurance market, Ascoma Cameroon provides analysis, advice, insurance policy placement and claims management services.
With a team of 140 employees, Ascoma Cameroun supports its clients in all sectors of Cameroon's economy:
Agriculture – Services – Communication – Telecommunications – Large Retailers – Industries – Banking – Construction/Public Works – Transportation – Oil industry, etc.
To assist individuals in managing risks associated with daily life, Ascoma Cameroon offers coverage solutions for you, your family, and your property and financial investments. Ascoma Cameroon`s experts offer insurance programmes for all risks to individual privacy that benefit from negotiated terms and extended coverage.
Ascoma Cameroon also sells health and retirement insurance products (accident insurance, life insurance, supplementary pension, funeral insurance) allowing you to calmly understand all the financial consequences related to these types of risks.
A pioneer in health insurance with its third-party payer system, Ascoma Cameroon has developed one of the Ascoma Group's showcase products in the country.
Its outsourced integral management concept 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
Today, Ascoma Cameroon's third-party care network has expanded throughout the country, affording its clients optimal access to healthcare. With the Ascoma health card, companies and individuals can cover all current expenses (optical, dentistry, pharmacy, consultations, hospitalization, etc.).
Download the Cameroonian network list of "Ascoma" healthcare providers.