Mamda and Mcma are two independent Moroccan mutual insurance companies that share common resources. Founded in 1963, Mamda (Mutuelle agricole marocaine d’assurance) offers insurance products covering the entire agricultural sector. Mcma (Mutuelle centrale marocaine d’assurance) was founded in 1969 and offers a complete range of insurance products covering all the needs of families.
The MAMDA-MCMA Group is today the 1er player in the insurance market in Morocco.
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About Mamda-mcma
Business Lines
- Agricultural Insurance (crops, equipment, farms, automobile, health, etc.)
- Property Insurance (Motor, Home, Accident, Liability, etc.)
- Life Insurance / Pension Savings
- Reinsurance
Distribution Channels
- Direct Distribution through exclusive agents (direct offices)
- Distribution of savings products through partner banking networks (Crédit Agricole du Maroc and Banque Centrale Populaire)
Governance
Supervisory & Management Boards
- Chair of the Management Board: Hicham BELMRAH
- Supervisory and Honorary Founding President: Abed YACOUBI SOUSSANE
Key figures (2023)
- Total turnover: 11.3 billion dirhams (€1.032 M)
- Non-life: 8.5 billion dirhams (€790 M)
- Life: 2.6 billion dirhams (€241 M)
- 505.790 policyholders
- 700 employees
- A network of 100 Agencies and Regional Offices
- 13.6 billion dirhams in equity (€1.264 M)
- 50 billion dirhams in assets under management (€4.650 M)
- 1 dirham = 0,093 euros
Total turnover
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Employees
0
Policyholders
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Contact
MAMDA-MCMA
Angle Avenue Mohamed VI et Rue Houmane El Fetouaki
MA – 10 200 Rabat
Morocco
Morocco
