About Wafa Assurance
Wafa Assurance is a company based in Casablanca (Morocco) founded in 2022.. Wafa Assurance has completed 1 acquisition, including Delta Insurance. Wafa Assurance operates in a competitive market with competitors including Blue KC, Prudential, Beazley, SAHAM Insurance and Sicareme, among others.
- Headquarter Casablanca, Morocco
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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Annual Revenue
$0 (USD)27.29as on Dec 31, 2024
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Net Profit
$0 (USD)21.87as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Wafa Assurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Wafa Assurance
Wafa Assurance has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Delta Insurance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Life, personal accident, travel, liability, and reinsurance services are provided.
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1981 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wafa Assurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wafa Assurance Comparisons
Competitors of Wafa Assurance
Wafa Assurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue KC, Prudential, Beazley, SAHAM Insurance and Sicareme, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| domain | founded_year | HQ Location |
Diversified insurance carrier
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| domain | founded_year | HQ Location |
Provides comprehensive insurance solutions to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wafa Assurance
Frequently Asked Questions about Wafa Assurance
When was Wafa Assurance founded?
Wafa Assurance was founded in 2022.
Where is Wafa Assurance located?
Wafa Assurance is headquartered in Casablanca, Morocco.
What does Wafa Assurance do?
Wafa Assurance was established in 2022 and is based in Casablanca, Morocco. Operations are centered in the insurance sector, where coverage for health, home, and car needs is offered. Services are accessible via the domain wafaassurance.ma, targeting clients within the Moroccan market. Focus is placed on standard insurance products without additional specified expansions. The company maintains a presence in a competitive regional landscape.
Who are the top competitors of Wafa Assurance?
Wafa Assurance's top competitors include Beazley, Prudential and SAHAM Insurance.
How many acquisitions has Wafa Assurance made?
Wafa Assurance has made 1 acquisition, including Delta Insurance.