Allianz defying the crisis
Allianz Madagascar celebrated its 10-year existence in early November. The company currently detains 10% of market shares, with a turnover of 17 billion MGA (5.4 million USD) in 2015, which represents a 20% growth per year.
The insurer managed to develop its strategic partnerships with agents and brokers, and engaged in bancassurance. Moreover, the company is taking advantage of the group’s logistics, which provides it with an important qualitative benefit in comparison with its competitors.
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