Morocco backs InsurTech talent

Mohammed VI Polytechnic University and Royale Marocaine d’Assurance signed an agreement in Casablanca on April 8 to build insurance technology startups and talent in Morocco. (moroccoworldnews.com) The deal sets up an Open Innovation program focused on insurance technology, or software and data tools used to sell policies, process claims and manage risk. The program will be run through the university’s Open Innovation Hub. (medias24.com) RMA said the program will identify startups, test products with its business teams and scale the strongest tools across the insurer. The agreement also includes training, mentoring, internships, manager education and RMA participation in university recruiting events. (medias24.com) Morocco’s insurance market is large enough to give those pilots real commercial stakes. Gross written premiums reached 59.7 billion dirhams in 2024, up 5.3% from 2023, according to sector data cited from the insurance supervisor. (meinsurancereview.com) RMA is one of the country’s biggest insurers, with more than 70 years in the market, and industry rankings for 2024 placed it second by turnover at 8.904 billion dirhams, or 14.91% of the market. That gives the university a large corporate partner for product testing and hiring. (corporate.rmaassurance.com) (atlas-mag.net) The agreement also fits a wider push to tie Moroccan insurance education to industry and regulation. In December 2025, the Supervisory Authority of Insurance and Social Welfare signed its own framework agreement with Mohammed VI Polytechnic University covering training, research and financial education. (acaps.ma) The new RMA program goes beyond coursework. The partners said they plan proof-of-concept projects, hackathons, ideation and acceleration programs, and learning expeditions designed to expose founders and managers to outside practices. (medias24.com) That gives Morocco a clearer template: a university supplies labs, students and startup scouting, while a major insurer supplies real customer problems, data and a path to deployment. The next test is whether those pilots turn into products used at scale. (medias24.com)