OLEA is in Ghana with its subsidiary M&G Brokers

Olea, the panafrican
insurance broker



Managing Director: Stephen Kwarteng YEBOAH



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.

Email: s.yeboah@olea.africa


The Subsidiary 





& Engineering


Financial Guarantees




Other areas of expertise :

  • Marine
  • Life
  • Aviation
  • Motor
  • Logistics
  • Oil & Gas



Country Information


- Population: 27,6 million
- GDP per Capita : 1 551 $
- GDP's growth in 2017: 7,3%
- GDP's growth in 2018: 6,8% (forecast)


(source www.coface.com)


Strengths of the Economy


- Significant mining and agricultural resources (gold, cocoa), as well as oil and gas resources
- Established democracy
- Attractive business climate, favourable for FDIs
- International financial support


(source www.coface.com)



Insurance Market


- Size of the Market in million : 514 USD
- Insurance Penetration Rate (% of the GDP): 1,2



(source 2017 NIC Annual Report)




Our other subsidiaries are also at your service





Our team of experts is at your disposal
to answer all your questions!