Insights

Strategic Acquisition Wafa Assurance recently acquired Delta Insurance for USD 103 million, signaling aggressive growth and potential cross-sell opportunities across product lines and distribution channels within Attijariwafa Bank's ecosystem.

Revenue Momentum Firm revenue indicates healthy scale with reports of 8.7% year-over-year growth in mid-2024 and a consolidated turnover around 7.1 billion MAD for H1 2024, presenting a ready market for expanded high-margin offerings and partnerships.

Digital-Hybrid Strategy PHYGITALE initiative and ongoing tech stack adoption (REST, Docker, Jenkins, Git, SonarQube, Python) suggest openness to digital distribution, analytics, and API-driven collaborations that can enable co-branded products and streamlined underwriting.

Group Synergies As the insurance subsidiary of the leading Maghreb banking group, there are strong cross-sell opportunities across banking clients, leveraging loyalty programs, bundled products, and integrated financial services.

Talent and Governance Recent hires in advisory and human capital roles indicate decision-ready leadership and a focus on strategic initiatives, providing opportunities to engage with senior sponsors for large-scale partnerships and enterprise solutions.

Similar companies to Wafa Assurance

Wafa Assurance Tech Stack

Wafa Assurance uses 8 technology products and services including Apache Kafka, SAS, GitHub, and more. Explore Wafa Assurance's tech stack below.

Media & News

Wafa Assurance's Email Address Formats

Wafa Assurance uses at least 5 email formats:
Wafa Assurance Email FormatsExamplePercentage
First.Last@wafaassurance.co.maJohn.Doe@wafaassurance.co.ma
77%
F.Last@wafaassurance.co.maJ.Doe@wafaassurance.co.ma
21%
L.First@wafaassurance.co.maD.John@wafaassurance.co.ma
1%
Last.First@wafaassurance.co.maDoe.John@wafaassurance.co.ma
1%
F.Last@wafaassurance.maJ.Doe@wafaassurance.ma
100%

Frequently Asked Questions

What is Wafa Assurance's official website and social media links?

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Wafa Assurance's official website is wafaassurance.ma and has social profiles on LinkedIn.

How much revenue does Wafa Assurance generate?

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As of August 2026, Wafa Assurance's annual revenue is estimated to be $1B - $10B.

What is Wafa Assurance's NAICS code?

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Wafa Assurance's NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does Wafa Assurance have currently?

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As of August 2026, Wafa Assurance has approximately 2.6K employees across 4 continents, including Africa, Europe and North America. Key team members include Chief Data Officer: M. B., Chief Digital Officer: M. B. B. and Chief Information Security Officer: H. M. Explore Wafa Assurance's employee directory with LeadIQ.

What industry does Wafa Assurance belong to?

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Wafa Assurance operates in the Insurance industry.

What technology does Wafa Assurance use?

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Wafa Assurance's tech stack includes Apache Kafka, SAS, GitHub, Docker, Drupal, MongoDB, PostgreSQL and SonarQube.

What is Wafa Assurance's email format?

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Wafa Assurance's email format typically follows the pattern of First.Last@wafaassurance.co.ma. Find more Wafa Assurance email formats with LeadIQ.
Wafa Assurance logo

Wafa Assurance

InsuranceCasablanca-Settat, Morocco1001-5000 Employees

Wafa Assurance operates as the insurance subsidiary of Attijariwafa Bank, a leading financial group in the Maghreb. It is based in Casablanca, in the Casablanca-Settat region of Morocco, and designs, develops, distributes, and manages insurance contracts across savings, retirement, provident plans, and property damage. The company emphasizes ongoing product and service innovation to meet client expectations and relies on a team that is attentive to customer needs. 

In the Moroccan insurance sector, Wafa Assurance leverages the financial strength and insurance expertise of its parent to offer a comprehensive set of risk-management solutions. Its reach extends across Morocco and the Maghreb region, supported by Attijariwafa Bank's broader network.

Section iconCompany Overview

NAICS Code
524 - Insurance Carriers and Related Activities
Employees
1001-5000

Section iconFunding & Financials

  • $1B - $10B

    Wafa Assurance's revenue is estimated to be in the range of $1B - $10B

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