Yako Africa Assurances Vie

What Yako Africa Assurances Vie does

Yako Africa Assurances Vie is a 100% Ivorian life insurance company headquartered in Abidjan, Côte d'Ivoire, operating under license #040/MEFP/CAB and supervised by CRCA and CIMA. The company was founded on April 1, 2003 through the acquisition of the PRELUXIA insurance portfolio, was previously known as La Loyale Vie, and was rebranded to its current identity on May 9, 2022. It self-describes as the pioneer of funeral insurance in Côte d'Ivoire and serves individual and corporate customers across multiple product lines organized under the Yako, Cadence, and Performa sub-brands.

The company's core product set covers funeral insurance (Yako), education savings (Cadence Éducation), retirement and long-term savings (Performa), credit life coverage, investment products, and end-of-career indemnities. Distribution combines a direct network of 14+ physical client spaces across Côte d'Ivoire with an indirect bancassurance channel spanning at least 11 banking and microfinance partners, including COFINA, Banque Populaire, BNI, Coopec, Credafica, Witti Finances, ACS, SCA-INTER, Cicare, and Ncare. Technology assets include the YNOV e-services platform with Espace Agent and Espace Client portals and an Android mobile application that extend policy servicing beyond branch interactions.

Revenue mechanics follow a standard life-insurance model: recurring premiums on long-duration contracts, asset-based returns on savings and retirement products, and fee-style margins on credit coverage and group policies, monetized through a mix of direct agent sales, partnered bank counters, and increasingly digital self-service. The organization is sized at 11-50 employees and is led by Chairman and Founder Joseph Yapo MANCAMBOU, with a 2024 addition of Rosine VONAN as Deputy CEO. No revenue, premium income, or funding figures are disclosed in the source material.

Name

Yako Africa Assurances Vie

Legal name

YAKO AFRICA Assurances Vie

Website

https://yakoafricassur.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

51–100 employees

Short description

Yako Africa Assurances Vie is a 100% Ivorian life insurance company headquartered in Abidjan that serves individual and corporate customers in Côte d'Ivoire with funeral, education savings, retirement, credit coverage, and investment products distributed via 14+ client spaces and 11+ bancassurance partners.

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life Insurance Carriers (524113), Insurance Carriers and Related Activities (524), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Life Insurance (6311), Insurance Carriers, Nec (6399)

akta.pro industry

PRIMARYFSAIABAF

Final Expense / Burial Life Insurance

Financial & Insurance/Insurance — Life & Health/Whole & Universal Life Insurance

SECONDARYFSAIABAG

Guaranteed Issue Whole Life Insurance

Financial & Insurance/Insurance — Life & Health/Whole & Universal Life Insurance

SECONDARYFSAIAJAA

Traditional Long-Term Care (LTC) Insurance

Financial & Insurance/Insurance — Life & Health/Long-Term Care Insurance

Keywords

• Life insurance products
• Funeral insurance coverage
• Retirement savings plans
• Education savings plans
• Bancassurance distribution

Headquarters

HQ city

Abidjan

Offices15 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Funeral and Prevoyance Insurance: Core business line - Yako Africa is a pioneer in funeral insurance in Côte d'Ivoire, offering comprehensive funeral coverage products including Yako Obsèques. Premiums are collected regularly from policyholders and provide benefits upon death.
2. Retirement and Savings Products: Savings and retirement solutions designed to maintain living standards post-retirement. Products include savings accounts and retirement plans with regular premium payments.
3. Education Insurance (Cadence Éducation): Specialized savings product for financing children's education. Parents pay regular premiums and can make annual withdrawals in August for school fees.
4. Career End Indemnity Management (Indemnité de Fin de Carrière): Corporate solutions for businesses to manage employee end-of-career indemnities, helping companies attract and retain talent.
5. Investment Products: Investment solutions allowing customers to grow savings faster and more securely.
6. Credit Protection/Coverage: Insurance coverage for loans, protecting lenders and borrowers in case of death or disability.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Yako Africa Assurances Vie underwrites and distributes life insurance contracts for individuals and businesses in Côte d'Ivoire, including funeral and provident insurance, retirement, savings, education savings, credit coverage, and corporate end-of-career indemnities. Its flagship offering is Yako Obsèques et Prévoyances, a funeral insurance product positioned as a pioneer in the Ivorian market. Distribution combines physical Client Spaces, bancassurance, brokers, a direct agent force, and the proprietary YNOV digital platform and mobile app.

Product overview

YAKO AFRICA Assurances Vie offers a comprehensive life insurance product portfolio consisting of core insurance products and digital service platforms. The main products include Yako Obsèques et Prévoyances (funeral insurance), Retraite (retirement savings), Epargne (general savings), Indemnité de fin de carrière (end-of-career benefits), Cadence Éducation (education savings), Investissement (investment), and Couverture de crédits (credit protection). These are offered under sub-brands including Yako, Cadence, and Performa. The company also provides digital platforms including YNOV (e-services portal), E-space Agent (agent portal), and Espace Client (customer portal), plus a mobile application called YNOV for Android. The products serve both individual retail customers (Particuliers) and corporate clients (Entreprises), with distribution through a network of client spaces, bankassurance partnerships, and insurance brokers.

Differentiator

Problem solved

Functional benefit

Brands

• Yako Obsèques et Prévoyances: Funeral and provident insurance products offered by YAKO AFRICA
• Cadence Éducation
• YNOV

Products and services

• Yako Obsèques et Prévoyances Flagship funeral and provident insurance product of Yako Africa, positioned as a pioneer in funeral insurance in Côte d'Ivoire. It is designed for individuals and households who want to cover end-of-life and family protection expenses.
• Retraite (Retirement) Retirement savings contract underwritten by Yako Africa to help individuals build long-term retirement income. Targeted at individual policyholders planning for retirement in the Ivorian market.
• Epargne (Savings) General savings insurance contract offered by Yako Africa for individual savers seeking structured savings accumulation through an insurance wrapper.
• Indemnité de fin de carrière End-of-career indemnity insurance offered by Yako Africa to corporate clients (Entreprises) to cover statutory employee end-of-career benefits. Designed for HR and finance teams managing employee benefit obligations.
• Cadence Éducation Education savings insurance plan marketed under the Cadence sub-brand, helping parents and families finance children's education through a dedicated savings contract.
• Investissement (Investment) Investment-linked insurance offering from Yako Africa that combines insurance coverage with investment exposure for individual policyholders.
• Couverture de crédits (Credit Protection) Credit protection insurance product from Yako Africa that insures outstanding loan balances in case of death or disability, intended for borrowers and partner banks.
• YNOV digital services platform YNOV is Yako Africa's proprietary digital services platform that gives agents (Espace Agent) and clients (Espace Client) web-based access to policy management, sales support, and self-service, complemented by a YNOV Mobile Application for on-the-go access.

Quantifiable outcome

• Testimonial: Customer able to pay school fees annually for son's education through Cadence Éducation partial withdrawals
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and secondary.

• COFINAcoreChannel Partner/ Reseller/ DistributorCOFINA is a major financial services partner shown in Yako Africa's partner logos. COFINA operates as a pan-African financial institution offering banking and microfinance services, distributing Yako Africa's life insurance products through its branch network in Côte d'Ivoire.
• Banque PopulairecoreChannel Partner/ Reseller/ DistributorBanque Populaire is a cooperative banking institution that distributes Yako Africa's life insurance products through its bancassurance channel, serving individual and business customers across Côte d'Ivoire.
• BNI (Banque Nationale d'Investissement)coreChannel Partner/ Reseller/ DistributorBNI serves as a bancassurance partner distributing Yako Africa's insurance products to its customer base in Côte d'Ivoire.
• CoopeccoreChannel Partner/ Reseller/ DistributorCoopec is a cooperative financial institution that distributes Yako Africa's insurance products through its network of branches, primarily serving microfinance customers.
• CredaficasecondaryChannel Partner/ Reseller/ DistributorCredafica appears as a financial services partner in Yako Africa's network, offering life insurance distribution to its customers.
• Witti FinancessecondaryChannel Partner/ Reseller/ DistributorWitti Finances is a financial services partner distributing Yako Africa's insurance products through its services.
• ACS (Africa Contact Service)secondaryChannel Partner/ Reseller/ DistributorACS (Africa Contact Service) is a partner distributing Yako Africa's insurance products, operating in the financial services sector.
• SCA-INTERsecondaryChannel Partner/ Reseller/ DistributorSCA-INTER is an insurance services partner shown in Yako Africa's distribution network.
• CicaresecondaryChannel Partner/ Reseller/ DistributorCicare is a partner in Yako Africa's distribution network for insurance products.
• NcaresecondaryChannel Partner/ Reseller/ DistributorNcare is a financial services partner distributing Yako Africa's insurance products.
• AfricasecondaryChannel Partner/ Reseller/ DistributorAfrica (likely Africa Leasing or similar) is a partner in Yako Africa's distribution network shown in partner logos.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Regional players

• CNIA-Vie (Compagnie Nationale d'Assurance Vie): CNIA-Vie is a Moroccan life insurer expanding across French-speaking West Africa, with comparable life and savings products targeted at the same West/Central African CIMA-zone customer base Yako serves.

Direct peers

• SUNU Assurances Vie Côte d'Ivoire: SUNU is a West African insurance group with a life insurance subsidiary in Côte d'Ivoire, offering individual savings, retirement and family protection products through bancassurance and agent networks—a direct competitor to Yako in the same market.
• Leadway Assurance (Côte d'Ivoire / Nigeria): Leadway operates life and savings products in Côte d'Ivoire (where Yako's Deputy CEO previously worked). It is a comparable direct peer in life insurance distribution via agents and corporate channels.
• SAAR Assurances Vie (formerly Saham Vie) Côte d'Ivoire: SAAR Assurances is a regional insurance group active in Côte d'Ivoire offering individual life, funeral and savings products; a closely comparable peer in scale and product mix to Yako.
• NSIA Vie (NSIA Assurances Vie Côte d'Ivoire): NSIA is one of the largest pan-African insurance groups and a direct competitor in the Ivorian life insurance market, offering similar funeral, savings, retirement and education products. Notably, Yako's own founder previously helped create NSIA Côte d'Ivoire, making it the most comparable competitor.

Broad incumbents

• Prudential Africa (Prudential Côte d'Ivoire): Prudential operates life insurance and savings products in Côte d'Ivoire through agency and digital channels, overlapping with Yako's funeral, savings and education offerings with materially larger brand and capital base.
• AXA Côte d'Ivoire (AXA Assurances Côte d'Ivoire): AXA operates a broad life and non-life insurance franchise in Côte d'Ivoire through agents, brokers and bancassurance, competing directly with Yako in life and savings while offering larger brand recognition and capital depth.
• Sanlam Pan-Africa (Sanlam Vie Côte d'Ivoire): Sanlam is a pan-African insurance and investment group with life insurance subsidiaries across West Africa, offering savings and funeral-adjacent products that compete with Yako's portfolio.
• Allianz Côte d'Ivoire: Allianz is a global incumbent with a presence in Côte d'Ivoire offering life, health and savings products. It competes with Yako for bancassurance shelf space and individual savings customers, and sets underwriting and service benchmarks.

Others

• CIMA (as regulatory environment) / Cica Re: Cica Re is the regional reinsurer for CIMA-zone insurers including Yako; while not a competitor, its presence affects Yako's reinsurance arrangements, product economics, and industry benchmarking across the Ivorian life insurance market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/laloyalevie

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Yako Africa Assurances Vie