Appointed a few weeks earlier, Landry Malan took over as CEO of Ascoma Benin at the end of June 2018 in Cotonou, replacing Frenchman Michel Glazman who was retired.
The former senior customer manager of the Ivorian subsidiary of the French broker takes the reins of a company that claims the second rank in global market shares. “In a decade, our brokerage has become a major player in the insurance sector with 15% of premiums and nearly 25% of health insurance beneficiaries,” said Michel Glazman, the outgoing director at the occasion of the celebration of the ten years of existence of the society in Benin.
Subsidiary of the group of the same name, Ascoma Benin operates since 2008 in a market composed today of 7 life insurers and 7 damage insurers. The New Interafrican Insurance Company (Nsia) and the African Insurance Company have the lion’s share, with 57% of the market share.