Wafa Assurance
One of Morocco's largest insurers, closely integrated with Attijariwafa Bank's corporate and retail network.
Headquarters
CasablancaFounded
Traces to 1932; operates today under the Attijariwafa group
Parent / Group
Attijariwafa Bank group
Market Position
A market leader across life and non-life insurance, benefiting from bancassurance distribution through Attijariwafa's branch network.
Company Overview
Wafa Assurance is one of Morocco's largest insurance groups, offering a full suite of corporate, life and health coverage, with a genuine advantage for investors already banking with Attijariwafa given the integrated bancassurance relationship.
History
Wafa Assurance traces its roots to 1932 and operates today as part of the Attijariwafa Bank group, having grown into one of Morocco's largest insurers across life and non-life lines.
Financial Strength
One of Morocco's largest insurers by premium volume. Regulated by ACAPS (Autorité de Contrôle des Assurances et de la Prévoyance Sociale).
Coverage
Corporate Insurance
Property, liability and business interruption coverage for operating companies.
Investment Protection
Coverage structured around large capital projects, often coordinated with Attijariwafa's project finance teams.
Life Insurance
Individual and group life products, including savings-linked policies.
Health Insurance
Group health plans for employers, including expatriate coverage options.
Claim Process
Claims are typically filed through a dedicated corporate account manager or the branch network, with a formal investigation and settlement process governed by ACAPS regulation.
Required Documents
- Policy documentation
- Incident report or loss description
- Supporting evidence (invoices, photos, official reports as relevant)
Branches & Coverage Regions
Nationwide branch network, integrated with Attijariwafa Bank's own footprint
Digital Services
Online policy management and claims initiation
Advantages for International Investors
- Bancassurance integration for investors already banking with Attijariwafa
- Scale and reinsurance capacity for large corporate and project risks
- Full product line spanning corporate, life and health