Algeria Insurance

Finding appropriate Algeria insurance should be a high priority for anyone visiting this vast desert nation. With a relatively stable political climate since 2014, many western organisations are rekindling business here, but foreign nationals remain a potential target for kidnap or terror attack and general healthcare standards are poor. 

What's it like to operate in Algeria?

 

Algeria is Africa’s second largest state, and almost 80% of it is covered by the Sahara. After a long period of conflict and civil unrest lasting almost fifty years, the FCDO notes that Algeria has been considered a relatively stable place to do business since 2014.

The main business opportunities revolve around oil and gas and relevant support services. The war in Ukraine has led to an upswing in gas exports from Algeria. The country now provides 11% of all natural gas consumed in Europe and is Africa’s biggest natural gas exporter. 

In Jan 2013, armed Islamists attacked and laid siege to the In Amenas gas plant, killing 40 workers, most of whom were foreign nationals. The FCDO still advise against travel to many border areas, particularly those with Libya, Niger, Mali and Mauritania. The risk of kidnap, ransom and terror attack is still an issue. Numerous foreign nationals have been kidnapped and western interests are known to be a specific terrorist target. 

Healthcare is of a poor standard and so Medical Evacuation insurance is recommended. 

We can organise specialist insurance for Algeria that will remain valid, even if major civil unrest breaks out while you are there. Relevant cover may include:

Personal Accident insurance

Medical Emergency and Evacuation 

Kidnap & Ransom insurance

Trade and Political Risk insurance