Yelen Assurance
Yelen Assurance is a private, multi-line insurance provider based in Ouagadougou, Burkina Faso, offering personal, agricultural, and property insurance products to retail and small-business policyholders in the domestic Burkinabè market.
- Company typePrivate
- Founded-
- HeadquartersOuagadougou, Burkina Faso
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Yelen Assurance does
Yelen Assurance is a private insurance provider headquartered in Ouagadougou, Burkina Faso, operating in the personal, agricultural, and property insurance lines. The firm employs between 51 and 100 staff, which is consistent with a mid-sized regional underwriter rather than a startup or a major carrier, and signals an established operational footprint within the CIMA-zone regulatory perimeter. Its product mix — spanning personal lines, agricultural coverage, and property — indicates a generalist positioning intended to serve retail and small-business policyholders across multiple risk categories rather than concentrating on a single niche.
The business model follows the standard insurance revenue mechanics of premium collection against underwriting risk, with the three product lines generating diversified premium streams. No pricing model, distribution channel, or GTM motion details are disclosed in the available data, and the company website (yelen-assurance.com) could not be fully retrieved during data collection, displaying only a verification/loading placeholder. No partnerships, technology stack, proprietary models, certifications, or leadership team information are available in the input. As a result, claims about distribution channels, broker relationships, reinsurance arrangements, or technology differentiators cannot be substantiated, and any further diligence will require direct management engagement to fill these gaps.
From an investment-analysis perspective, the evidence base is thin: there is no disclosed revenue, funding history, customer segmentation, regulatory standing detail, or strategic-move timeline. The most defensible characterization is that Yelen Assurance is an operating, licensed, multi-line insurer in a single West African market with modest headcount and no publicly verifiable scale, funding, or technology signals.
Yelen Assurance firmographics
Firmographics- Name
- Yelen Assurance
- Website
- https://yelen-assurance.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Yelen Assurance is a private, multi-line insurance provider based in Ouagadougou, Burkina Faso, offering personal, agricultural, and property insurance products to retail and small-business policyholders in the domestic Burkinabè market.
- Ownership category
- akta.pro rank
Yelen Assurance industry classification
Industry- Product category
- Insurance Services
- NAICS
- Insurance Carriers and Related Activities (524)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Crop & Farm Property Insurance (FSAJACAK)
- akta.pro secondary industry
- Habitational / Residential Property Managers BOP (FSAJAFAN)
Keywords
Where Yelen Assurance is headquartered
LocationHeadquarters
- HQ city
- Ouagadougou
- HQ country
- Burkina Faso
Markets served
Yelen Assurance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Yelen Assurance product offering
Product offeringCore offering
Yelen Assurance provides personal insurance, agricultural insurance, and property insurance products to customers in Burkina Faso. The firm, headquartered in Ouagadougou, sells coverage spanning individual risk, farming/agricultural risk, and physical property risk to local policyholders.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Insurance Insurance coverage sold to individuals for personal risk protection. Targeted at individual consumers in Burkina Faso who need to insure themselves or their households against covered perils.
- Agricultural Insurance Insurance coverage for agricultural and farming operations, intended for farmers and agribusiness customers in Burkina Faso seeking protection against farming-related risks.
- Property Insurance Insurance coverage for physical property, sold to property owners in Burkina Faso to protect real-property assets against covered perils.
Companies that use Yelen Assurance
Customer profileIdeal customer profiles1 record
Yelen Assurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Yelen Assurance partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
Yelen Assurance competitors and assessment
Company assessmentDirect peers
- SONAR (Société Nationale d'Assurance et de Réassurance): SONAR is the historic state-linked national insurer of Burkina Faso, underwriting property, casualty, and personal lines for the local market. It competes directly with Yelen for the same customer base and distribution relationships.
- Coris Assurances Burkina: Coris Assurances is a Burkina Faso-based insurance company offering personal, property, and commercial lines in the same domestic market as Yelen Assurance. It is the most directly comparable local peer given shared geography and multi-line product focus.
- Globe Assurance Burkina: Globe Assurance is a Burkina Faso-based insurance carrier offering non-life and personal lines to local customers. It competes directly with Yelen for the same domestic insurance market.
Broad incumbents
- Allianz Africa (formerly Sanlam Allianz): Allianz Africa is a broad incumbent serving African markets through life, property, and casualty insurance. It competes with Yelen in commercial and personal lines where pan-African and global insurers often underwrite larger commercial risks.
- Sunu Assurances: Sunu Assurances is a pan-African insurance group with presence across West and Central Africa offering non-life and life products. It operates in the same regional competitive set as Yelen and brings greater capital and geographic diversification.
- AXA Africa: AXA operates across multiple African markets offering property, casualty, and personal insurance. It is a broad incumbent competitor in the same product categories Yelen serves, with deeper capital and reinsurance access.
- NSIA Assurance Burkina: NSIA is one of the largest insurance groups in West and Central Africa, with operations spanning personal, property, and life lines across multiple countries including Burkina Faso. It is a much larger incumbent competing in the same product categories as Yelen.
- Saham Assurance / Sanlam Sahel: Saham Assurance (now part of Sanlam) historically operated as one of the largest insurance groups across French-speaking West Africa, including Burkina Faso. It is a broad incumbent comparable on geography, language market, and product breadth.
Regional players
- Wafa Assurance (Morocco): Wafa Assurance is a Moroccan insurance company with Francophone Africa ambitions and offerings in property, casualty, and personal lines. It is a comparable regional player serving the broader North/West African Francophone insurance market rather than directly competing inside Burkina Faso today.
Others
- African Reinsurance Corporation (Africa Re): Africa Re is the pan-African reinsurer that provides reinsurance capacity to direct insurers across the continent, including carriers in Burkina Faso. It is an ecosystem enabler rather than a direct competitor, but its terms materially affect Yelen's underwriting capacity.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Yelen Assurance social profiles
Digital presenceYelen Assurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Yelen Assurance leadership team
Management profileNumber of profiles
Yelen Assurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Yelen Assurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Yelen Assurance
What does Yelen Assurance do?
Yelen Assurance provides personal insurance, agricultural insurance, and property insurance products to customers in Burkina Faso. The firm, headquartered in Ouagadougou, sells coverage spanning individual risk, farming/agricultural risk, and physical property risk to local policyholders.
When was Yelen Assurance founded?
Yelen Assurance was founded in -1. It employs 51 to 100 people.
Where is Yelen Assurance based?
Yelen Assurance is headquartered in Ouagadougou, Burkina Faso.
Who are Yelen Assurance's main competitors?
Direct peers on record are SONAR (Société Nationale d'Assurance et de Réassurance), Coris Assurances Burkina and Globe Assurance Burkina. Broad incumbents are Allianz Africa (formerly Sanlam Allianz), Sunu Assurances, AXA Africa, NSIA Assurance Burkina and Saham Assurance / Sanlam Sahel. Wafa Assurance (Morocco) is listed as a regional player. African Reinsurance Corporation (Africa Re) is listed as an others.
Does Yelen Assurance have an API?
No public API is recorded for Yelen Assurance.
What industry is Yelen Assurance in?
Yelen Assurance's product category is Insurance Services. Its primary akta.pro industry code is FSAJACAK, Crop & Farm Property Insurance, with a secondary code of FSAJAFAN, Habitational / Residential Property Managers BOP. Its NAICS code is 524 and its SIC code is 6331.