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OLEA M&G Insurance Brokers Wins Double at CIIG Insurance Excellence Awards
OLEA M&G Insurance Brokers Limited emerged as Ghana’s Best General Insurance Broker and IT Innovative Broker of the Year at the prestigious awards ceremony organized by the Chartered Insurance Institute of Ghana (CIIG). The event, held at the Labadi Beach Hotel on Saturday, 23rd July 2022, brought together key players and industry leaders to celebrate excellence within the insurance sector. According to the President of CIIG, the awards scheme was created to promote and uphold professionalism in the insurance industry while recognizing the outstanding contributions of companies and individuals who continually strive to enhance the development of the sector. The ceremony seeks to raise insurance practice to the highest international standards and encourage firms to embrace innovation, leadership, and best practices.
At this distinguished event, OLEA M&G received not just one but two major awards, both acknowledging the company’s exceptional performance in 2021. They were recognized for their remarkable achievements in the general insurance broking field and for their forward-thinking use of innovative IT tools within their operations. These accomplishments reflect years of commitment to excellence, client satisfaction, and the adoption of advanced technology to transform the insurance experience in Ghana.
The Managing Director of OLEA M&G Insurance Brokers Limited, Mr. Stephen Kwarteng Yeboah, expressed deep appreciation to the CIIG for honoring the company’s efforts. He dedicated both awards to their loyal clients, whose trust has strengthened the company over the years, and to the hardworking, dynamic youth-driven team whose dedication and expertise have been instrumental in achieving this milestone. He emphasized that such recognition serves as a strong motivation to continue delivering world-class services with even greater passion and innovation.
OLEA M&G’s history dates back to 1969 when it was founded as Marine & General Brokers, making it Ghana’s first-ever insurance brokerage firm. After decades of growth and reputation building, the company joined OLEA Insurance Africa, a Pan-African insurance broking network present in 23 other African countries. This partnership in 2018 marked a major transformation, leading to their rebranding as OLEA M&G, strengthening their international presence and enhancing their technical and operational capabilities.
Today, OLEA M&G boasts a team of highly skilled experts providing comprehensive insurance broking services across multiple fields, including Property & Casualty, Life, Medical, Cyber, Marine, and other specialized areas. The company serves a diverse portfolio of clients, consisting of both multinational and local businesses, and maintains strong partnerships with over ten (10) global multinational brokers. This broad network positions OLEA M&G as a trusted intermediary, capable of delivering tailored risk solutions to meet the unique needs of various industries.
The Managing Director also highlighted the company’s strong emphasis on technology-driven solutions. OLEA M&G operates using its own proprietary software, supported by an extranet system deployed for corporate clients. This advanced platform enables clients to maintain full control over their entire insurance portfolio. With 24/7 access to a secure dashboard, clients can view their policies, monitor claim updates, and download copies of insurance documents at their convenience. This level of transparency and accessibility reflects the company’s commitment to modern, efficient, and client-centered service delivery.
Additionally, OLEA M&G holds the distinction of being the first insurance broker in Ghana to introduce a price aggregator platform—mybestquote.com—designed to simplify the purchase of motor and travel insurance for clients. This pioneering innovation has contributed significantly to increasing the adoption of digital insurance solutions in the country.
In concluding his remarks, the Managing Director reaffirmed that winning these awards will inspire the company to aim for even greater achievements. He assured clients and stakeholders that OLEA M&G will continue to invest in cutting-edge technology, embrace innovation, and deliver seamless, first-class broking services. The company remains dedicated to raising industry standards and strengthening its role as a trailblazer within Ghana’s insurance sector.
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