- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Casablanca Morocco
- IPO Date
- Nov 9, 1998
- Business
- Agma SA is a Morocco-based insurance and reinsurance brokerage and risk consulting firm that provides risk management, insurance intermediation, and employee benefits advisory solutions to corporate enterprises, institutional entities, small and medium-sized businesses, and individual clients. The company structures its operations across two primary business divisions: Property and Casualty (Non-Life / IARD) and Personal Insurance (Life and Health). Its core commercial and non-life solutions include property damage, fire, machinery breakdown, and business interruption insurance; general third-party, professional indemnity, product, environmental, and directors and officers (D&O) liability coverage; contractor all-risks, erection all-risks, and decennial civil liability for the construction sector; marine cargo, aviation, inland transit, and logistics insurance; commercial automotive fleet coverage; and specialized financial line products, including trade credit insurance, surety bonds, political risk coverage, and cyber risk protection. In the personal insurance and employee benefits sector, the company provides group complementary healthcare and hospitalization schemes; group life, permanent disability, and accidental death insurance; supplementary pension and retirement savings plans; end-of-service indemnity programs; individual personal accident policies; and medical assistance and repatriation coverage. Additionally, Agma provides specialized technical and consulting services, including risk engineering and loss prevention audits, insurance program audit and restructuring, claims advocacy and settlement management, and actuarial advisory. In recent developments, Agma has advanced its digital transformation agenda through the deployment of centralized digital client portals for policy administration, real-time claims tracking, and automated reporting; expanded its advisory capabilities in cybersecurity risk profiling and sustainability/ESG risk governance; deepened strategic alliances with international brokerage networks to support the cross-border expansion of Moroccan corporate clients across Sub-Saharan Africa; and streamlined its operational claims-handling infrastructure to improve processing efficiency across large-scale corporate accounts. Founded in 1964, Agma SA is headquartered in Casablanca, Morocco, and trades on the Casablanca Stock Exchange under the ticker symbol AGM.