Data & Intelligence

Impact Case Study: Générale Assurance Méditerranéenne (GAM)

Emerging Capital Partners (ECP) invested in 2007.

Company Headquarters:  Algeria
Business focus:  Insurance
Revenue:  EUR22 million
Employees:  762

impact highlights

  • In 2009, GAM sales grew twice as fast as the market with sales growth reaching 30%. Over the first half of 2010, GAM sales grew by more than 60%
  • Thanks to a new centralized IT system, GAM can now make payments within 10 days of receiving claims in contrast with a considerably longer industry average
  • GAM is now the largest insurance network in Algeria, with more than 400 points of sale
  • ECP brought in a new management team and invested heavily in training all company staff, both in commercial skills and insurance expertise
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