Growthly العربية

InsuranceCorporate insuranceForeign companies operating in Libya

96 qualified leads. 41 confirmed sales opportunities. 6 new corporate accounts.

How Growthly created demand for Qafela Insurance among foreign companies operating in Libya and turned a defined market into a measurable sales pipeline.

Marketing-qualified leads (MQL)SQL · confirmed sales opportunityMQL-to-SQL conversionnew corporate accounts won
964143%6
Client
Qafela Insurance
Sector
Corporate Insurance
Market
Foreign companies operating in Libya
Scope
B2B · Account-based marketing
Services
Target account research, decision-maker mapping, audience segmentation, campaign strategy, LinkedIn and digital channel targeting, demand generation content, account-specific messaging, lead qualification and pipeline tracking
01

The one question the campaign was built on

Corporate insurance is not a lead-volume business. Growthly identified a focused growth opportunity: foreign companies operating in Libya with recurring insurance needs across staff, vehicles, assets and operations.

“Are your operations in Libya properly protected?”

Instead of broad awareness campaigns, Growthly built a demand generation and account-based marketing system around the specific companies Qafela wanted to win.

02

Defining the market before creating demand

Before running a single ad, Growthly mapped the addressable market: more than 180 foreign companies operating in Libya, segmented by sector, company size, operational footprint, likely insurance needs and commercial value.

Figure 1Target market segmentation (+180 companies)
19%36%44%
  • 35strategic accounts · Tier 1
  • 65high-potential accounts · Tier 2
  • 80broader target accounts

+420 decision-makers and buying influencers ≈ 2.3 people per company

It then mapped more than 420 decision-makers and buying influencers across HR, finance, operations, administration, procurement and senior leadership. Marketing and sales now had a clear map of target companies and people.

03

Creating demand before companies start searching

The strategy did not wait for companies to start looking for a new insurer. Growthly designed campaigns that prompted decision-makers to question whether their current cover was adequate. The messaging addressed risks to:

  • Staff and medical cover
  • Vehicles and company fleets
  • Property and equipment
  • Operational risk
  • Business continuity

Rather than saying “Qafela offers corporate insurance,” the campaign invited companies to assess whether they were protected at all. That put Qafela in the commercial conversation before the buying process began.

04

From demand to sales pipeline

Growthly built a clear qualification model linking campaign activity to Qafela’s sales team:

Figure 2From market to accounts won
04590135180Target companies+180MQL9653%SQL4143%Sales meeting2459%Proposal1562%Account won640%
04590135180Target companies+180MQL9653%SQL4143%Sales meeting2459%Proposal1562%Account won640%

The percentage beside each stage is its conversion from the previous stage. From the full target market to accounts won: 6 of more than 180 companies, or about 3.3%.

MQL
A relevant company or decision-maker that showed enough fit and engagement to justify qualification.
SQL
An opportunity confirmed as commercially relevant and ready for direct sales contact.
The result

43% MQL-to-SQL conversion: the campaign generated real commercial opportunities, not just inquiries.

Figure 3Stage-to-stage conversion
0%25%50%75%100%43%MQL to SQL59%SQLto meeting63%Meetingto proposal40%Proposalto account
0%25%50%75%100%43%MQLto SQL59%SQLto meeting63%Meetingto proposal40%Proposalto account

Calculated from pipeline figures: 41 of 96, 24 of 41, 15 of 24 and 6 of 15.

05

Account-Based Marketing meets sales execution

Growthly gave extra attention to the 35 Tier 1 accounts, tailoring targeting and messaging to each organization’s sector, operating structure and likely needs, and adding targeted business events and relationship-building initiatives.

Growthly created the demand and qualified the opportunities. Qafela’s sales team handled needs assessment, meetings, proposals, negotiation and closing. Marketing and sales worked the same accounts, the same buying committees and the same commercial goal.

Figure 4Operating model: from demand creation to close
1Demand creation
2MQL
3Qualification
4SQL
5Meeting
6Proposal
7Corporate account
Growthly: demand and qualificationQafela team: meetings, proposals and closing
Demand creation→MQL→Qualification→SQL→Meeting→Proposal→Corporate account
06

What changed

Qafela moved to a B2B acquisition model where marketing can be tracked across the full commercial journey. Success is no longer measured by reach, engagement or lead volume. It is measured by qualified opportunities, sales meetings, commercial proposals and corporate accounts won.

“Growthly helped us turn marketing into a more measurable sales channel. Opportunity quality improved, and our commercial team now has a clearer pipeline of the companies it should pursue.”

Business Development Manager, Qafela Insurance

The principle

In a small B2B market, growth doesn't come from reaching everyone. It comes from knowing exactly who you want to win, creating demand inside those accounts, and steadily moving the right decision-makers toward a commercial conversation.

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