Assurances CTAMA

What Assurances CTAMA does

Distribution is built around a physical branch network covering all 24 Tunisian governorates, supplemented by 9 dedicated expertise centers for claims handling, a corporate website for inquiries and agency location, and a call center. The company employs 101-250 staff and is headquartered at 100 avenue de la liberté, Tunis. CTAMA generates revenue from recurring insurance premiums across both non-life lines (property, casualty, agricultural, professional) and life/savings lines (term life, savings, education, retirement), sold via direct-to-consumer agency interactions. Pricing is quote-based and assessed individually at branches rather than published. Leadership is composed of Adel Fehri (Chairman of the Board) and Lamjed Boukhris (Director General), with a member-owned governance structure rather than traditional shareholders, audited by HLB Audi&Advisory and CMC-DFK International. The company was restructured into mutual form in 2008-2009 and expanded beyond agricultural insurance through a 2014 merger with Mutuelle Générale d'Assurance.

Name

Assurances CTAMA

Legal name

Caisse Tunisienne d'Assurances Mutuelles Agricoles (CTAMA)

Website

https://ctama.com.tn

Company type

Private

Founded year

1912

Operating status

Operating

Headcount range

101–250 employees

Short description

Assurances CTAMA is Tunisia's oldest insurance company, founded in 1912, offering multi-line coverage across agricultural, professional, and individual segments through a nationwide branch network covering all 24 governorates, and managing the state agricultural disaster compensation fund.

Ownership category

akta.pro rank

Headquarters

HQ city

Tunis

HQ country

Tunisia

HQ region

Africa

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Insurance Premiums - Non-Life: Collection of insurance premiums across property, casualty, agricultural, and professional lines including automobile, habitation, agriculture (hail, livestock, crops), travel, and business insurance products.
2. Insurance Premiums - Life: Life insurance products including temporary death insurance, savings products, education funds, and retirement plans generating recurring premium revenue.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Assurances CTAMA is Tunisia's oldest mutual insurance company (Société à Forme Mutuelle), founded in 1912, providing non-life and life insurance coverage. It operates three distribution segments: agricultural insurance (hail, livestock, greenhouse, crop, fishing vessel, apiary), professional/business insurance (multi-risk, liability, transport, construction, IT, group health, employee accident, collective savings), and individual insurance (automobile, home, travel, life, savings, education, personal accident, civil liability).

Product overview

Assurances CTAMA (Caisse Tunisienne d'Assurances Mutuelles Agricoles) is Tunisia's oldest insurance company, founded in 1912, offering a comprehensive portfolio of insurance products organized into three main segments: Agricultural, Professional/Business, and Individual. The Agricultural segment includes specialized coverage for farmers such as hail insurance, fire harvest insurance, multi-risk greenhouse insurance, livestock mortality insurance, apiary insurance (APICERTI), fishing vessel insurance, and cold storage coverage. The Professional segment covers businesses with multi-risk computer insurance, professional liability, transport insurance, all-risk construction insurance, industrial risks, decennial liability, group health insurance, employee accident coverage, collective savings (AFAK JAMAAII), and retirement indemnity plans. The Individual segment offers personal lines including automobile insurance, multi-risk home insurance, travel insurance, pleasure boat insurance, mixed life insurance (RAFAHIYA), individual savings (AFAK), education scholarships (TAFAOUK), term life insurance (HIMAYA), provident insurance (HIMAYA+), personal accident insurance, and family civil liability coverage. The company also manages the government-mandated Natural Disaster Compensation Fund for agricultural damages.

Differentiator

Problem solved

Functional benefit

Brands

• HIMAYA+: Prévoyance insurance contract providing capital in case of death or absolute and definitive disability (IAD)
• HIMAYA
• TAFAOUK
• AFAK
• RAFAHIYA
• APICERTI

Products and services

• Assurance Automobile Automobile insurance covering liability, all-risk coverage, fire, theft, collision, glass break, and assistance services for individuals.
• Multirisques Habitation Multi-risk home insurance covering fire, explosion, theft, glass break, water damage, and family civil liability for homeowners and renters.
• Assurance de Voyage Travel insurance providing medical assistance, repatriation, emergency dental care, lost luggage, and legal support during trips abroad.
• Assurance Embarcation de Plaisance Pleasure boat insurance covering vessel damage, storms, theft, rescue costs, passenger liability, and water sports accidents.
• Assurance Mixte (RAFAHIYA) Mixed life insurance combining death coverage with survival benefits, covering capital death, accidental death, and absolute disability.
• Epargne Individuelle (AFAK) Individual savings insurance offering flexible periodic or free contributions with guaranteed minimum rates and tax advantages for contracts of 8+ years.
• Bourse Etude (TAFAOUK) Education savings plan providing a monthly scholarship or capital to children at the end of the contract period for higher education.
• Temporaire Deces (HIMAYA) Term life insurance with decreasing capital paying the remaining balance to beneficiaries in case of death or absolute disability before contract maturity.
• Prevoyance (HIMAYA+) Provident insurance providing constant capital paid to beneficiaries in case of death or absolute definitive disability, with optional supplementary coverage.
• Individuelle Accident (Personal) Personal accident insurance covering 24/7 in Tunisia and abroad, reimbursing medical expenses, paying capital for accidental death or permanent disability, and providing daily allowances.
• Responsabilite Civile Chef de Famille Family civil liability insurance covering damages caused by the insured and household members, including children, domestic employees, and pets.
• Assurance Grêle Hail insurance for farmers protecting crops, nurseries, and agricultural investments against hail damage and storms.
• Assurance Incendie Recolte Fire harvest insurance covering standing crops, stored straw, and hay against fire risks before and during harvest.
• Assurance Multirisques Serres Multi-risk greenhouse insurance covering glass or plastic structures, heating systems, equipment, and cultivated plants against hail, fire, lightning, snow, storms, and explosions.
• Assurance Mortalite du Betail Livestock mortality insurance covering cattle, horses, camels, sheep, goats, and poultry against natural or accidental death, abortion, and emergency slaughter.
• Responsabilite Civile Agriculteurs Civil liability insurance for farmers covering bodily, material, and intangible damages caused to third parties resulting from agricultural activity accidents.
• Assurance Multirisques Apicole (APICERTI) Multi-risk apiary insurance covering beehives against fire, theft, natural mortality, and pesticide-related deaths with optional transport and heat mortality coverage.
• Chambres Frigorifiques Cold storage insurance covering refrigeration chambers and their contents against fire and equipment failure damage.
• Corps Navire de Peche Fishing vessel body insurance with all-risk or total loss coverage protecting against storms, shipwrecks, groundings, collisions, fire, and piracy.
• Fonds des Calamites Naturelles Government-mandated agricultural disaster compensation fund managed by CTAMA, providing 60% indemnification for flood, storm, wind, drought, snow, and frost damage to farmers.
• Assurance Multirisques Informatiques Multi-risk computer insurance covering IT equipment, data loss, and electronic risks including negligence, malicious acts, and supplementary guarantees.
• Assurance Responsabilite Civile Professionnelle Professional civil liability insurance covering damages caused to third parties by professionals, businesses, and associations through negligence or carelessness.
• Assurance Multirisques Professionnelles Professional multi-risk insurance covering movable and immovable business assets against fire, theft, water damage, glass break, and civil liability.
• Assurance Transport Transport insurance covering goods across maritime, air, and land transport against accidents, theft, loss, and breakage.
• Assurance Tous Risques Chantiers All-risk construction insurance covering construction works, materials, equipment, contractors, and subcontractors against damages and civil liability.
• Assurance Risques Industrielles et d'Entreprises Industrial and business risks insurance covering machinery, fire, breakages, loss of exploitation, and aviation risks with customized solutions.
• RC Decennale Ten-year structural liability insurance covering repair costs for foundation, structural, or building solidity damage due to design errors or material defects.
• Maladie Groupe Group health insurance for businesses covering medical expenses, pharmaceutical costs, hospitalization, optical and orthopedic care, disability, and death.
• Individuelle Accident Salarie Employee personal accident insurance covering medical expenses, accidental death capital, permanent disability, and temporary incapacity with daily allowances.
• Epargne Collective (AFAK JAMAAII) Collective savings insurance enabling companies to build retirement capital for employees with tax advantages for both employer and employees.
• Indemnite Depart a la Retraite Retirement severance indemnity insurance helping companies finance employee retirement payments as defined by collective agreements with fiscal benefits.

Quantifiable outcome

• Multi-risk habitation can reduce costs by up to 50% compared to separate individual policies
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Government of Tunisia (Fonds des Calamités Naturelles)coreStrategic or Co-development Partner · 1 January 2018CTAMA manages the government-created agricultural disaster compensation fund (Fonds d'indemnisation des dégâts agricoles causés par les calamités naturelles) established by the 2018 finance law. The fund is financed by government contributions (30 million dinars annually), a 1% solidarity tax on agricultural income, and farmer membership fees of 2.5% of production costs.

Scale indicators4 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• COMAR (Compagnie Méditerranéenne d'Assurances et de Réassurances): Tunisian multi-line insurer offering P&C, life, and savings products. Comparable product portfolio and distribution model, competing with CTAMA for individual and enterprise customers.
• LLOYD Tunisien: Part of an international insurance brand operating in Tunisia with multi-line P&C, life, and specialty products. Directly competes with CTAMA across personal and commercial segments.
• BH Assurance: Tunisian insurance company affiliated with Banque de l'Habitat, distributing life and P&C products through a banking channel. Comparable in product breadth to CTAMA's life and savings lines and a relevant peer for bancassurance dynamics.
• STAR (Société Tunisienne d'Assurance et de Réassurance): Tunisia's largest private insurer offering P&C, life, and health products across the country. Directly competes with CTAMA in auto, habitation, professional liability, and life segments, and is the most relevant domestic peer for portfolio breadth and distribution scale.
• ASTREE (Compagnie d'Assurance ASTREE): Major Tunisian multi-line insurer offering personal, professional, and agricultural insurance. Competes head-to-head with CTAMA in the domestic market across P&C and life products.
• AMI (Assurance Mutuelle Interprofessionnelle): Tunisian mutual insurance company offering health and multi-line coverage to professionals and enterprises. Comparable to CTAMA in mutual structure and member-focused philosophy, and directly competes for the same professional and individual segments.
• CARTE (Compagnie d'Assurance et de Réassurance Tunisienne d'Exportation): Tunisian insurer specializing in export credit and trade-related insurance but also offering diversified lines. Competes with CTAMA for commercial and professional business in Tunisia.
• MAGHREBIA: Tunisian insurer offering diversified P&C and life products to individuals and businesses. Comparable multi-line model and customer segments to CTAMA.

Regional players

• SAA (Société Algérienne des Assurances): State-owned Algerian insurer offering comprehensive P&C and life products across Algeria. Regionally comparable North African multi-line insurer with similar agricultural and motor exposure, though operating in a different country.
• CAAT (Compagnie Algérienne des Assurances et de Transport): Algerian state-owned insurer with multi-line P&C and transport coverage. Comparable to CTAMA's motor, transport, and property offerings, and a relevant North African benchmark for mutualistic-style national carriers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AssurancesCtama
• Facebookfacebook.com/lactama1912
• LinkedInlinkedin.com/company/assurancesctama

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Assurances CTAMA