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Ghana

OLEA M&G Insurance Brokers Ltd

Managing Director

...
Stephen Kwarteng Yeboah

Managing Director

Stephen leads the team at M&G Insurance Brokers to ensure we guarantee our valued clients the best of service they require. He joined M&G Insurance Brokers in January 2006 after working with the Mohinani Group of Companies. He is an experienced Broker with over 12 years’ experience in Broking. He has rich experience in placing and servicing the accounts of local and multinational companies. His finance background provides the company with a priceless superiority in negotiating claims and pricing insurance premiums. He has competencies in risk management, and all classes of insurance including life, health and non-life insurance policies. He holds a B.Ed. Degree in Accounting/Business Management from the University of Cape Coast, Ghana and is a member of Association of Certified Chartered Accounts (ACCA) UK. He is currently pursuing a profession Risk Management programme with the Institute of USA, leading to an Associate in Risk Management (ARM) qualification upon completion. Stephen serves on a number of Insurance Industry Committees and is an executive member of the Ghana Insurance Brokers Association.

The Subsidiary

Date Established1969
Employees23
Address

Plot 12 Examination Drive, North Ridge, Accra – Ghana  

Emailghana@olea.africa
Website https://www.oleamgbrokers.com
Languages English

Some Key Figures

Country population: 34.1 Million (2023 census)

GDP per Capita: $2,066.38 (2023)

GDP growth in 2023: 2.9 %

GDP growth in 2024: 2.9 % (forecast)

Africa's top-ranked healthcare system.
Significant mining (gold), agricultural (cocoa), oil and gas resources.
Major growth in mobile telephony and progress in digitization.
Politically stable environment.
Established Democracy, FDI-friendly business environment.
International financial support.
Economic Partnership Agreement with the European Union entered into force in 2021.

Market size: 731.7 Million USD per year

Insurance penetration rate: (as % of GDP) 1%

Have a look at our Insurance Solutions!

Liability insurance providing protection against claims resulting from injuries and damage to other people or property.
Property & Casuality
Cover for property damage and/or bodily injury caused by your vehicle, including to third parties.
Motor & Motor Fleets
Covers all damage likely to disrupt a company's normal operations, including the company's movable and immovable assets.
Asset & Business Interruption
Business protection against cyberattacks such as system hacking, viruses, and ransomware leading to data blocking and ransom demands.
Cyber
Insured protection against violence with political or terrorist overtones.
Political Violence & Terrorism
Insurance cover against losses incurred for your house contents, devices, and vehicles.
Personal Insurance
Health cover for individuals and employees of companies in various sectors.
Medical Insurance
Fraud insurance covering a range of risks associated with external, internal, and cyber fraud.
Crime
Cargo insurance and transport liability protection against financial consequences in the event of loss or damage of goods transported by sea, air, or land.
Transport
A specified lump sum paid to your dependants in the event of work incapacity due to temporary or permanent disability or death.
Life Insurance

Have a look at our Specialised Industry Solutions!

Protection for mining operations against risks associated with exploration, extraction, and processing of mineral resources.
Mining
Tailor-made risk management solutions to protect operations from potential hazards.
Manufacturing
Protecting crops and assets from liabilities due to property damage, fire, death, or injuries on your farms.
Agriculture
Comprehensive solutions for both local and cross-border operations covering risks associated with logistics, vehicles and transport operations in general.
Logistics & Transportation
Covers risks inherent in the building process, including professional liability insurance to cover consequences of professional negligence.
Construction & Projects
Customised solutions for the hydrocarbon sector, covering risks associated with the exploration, production, and distribution of oil and gas products.
Oil & Gas
Risk management solutions protecting against threats in the ever changing technological environment.
Technology
Designed to protect against the risks inherent in the travel and tourism industry.
Leisure & Hospitality
Specialised insurance for collectables and high-risk items.
Diamonds. Specie & Collectables
Insurance strategies tailored to the financial sector's needs, guaranteeing the security of operations and assets.
Banking
Specialised insurance solutions for renewable energy projects, contributing to the energy transition.
Renewable Energy
Insurance coverage specifically geared to the operation of aircraft and risks involved in aviation.
Aviation
Managing your medical aid claims via 3rd Party Administration.
Third Party Administration (TPA)