Magazine date:
May 2012 The insurer AXA, already in partnership with the Banque Extérieure d’Algérie (BEA) and the national investment fund (FNI), is trying to attract corporate customers by signing a cooperation convention with the Algerian-French chamber of commerce and industry (CCIAF). This agreement enables small and medium enterprises (SMEs) members of CCIAF to benefit from preferred services in terms of non-life and life insurance at preferential tariffs. The group strives to become the country’s number one insurer in personal line and SME insurance. The insurer is intent to set foot on the bancassurance market.