
Mega Insurance Brokerage has been a pioneer in the fintech industry, leveraging cutting-edge technology to streamline insurance processes and provide seamless customer experiences.
With a strong foundation in traditional insurance brokerage, Mega has successfully transitioned to a digital-first model, offering a range of innovative products and services that cater to the evolving needs of its clients.
The company's commitment to fintech has enabled it to expand its reach and customer base, with a significant increase in online sales and a growing presence in the global market.
For your interest: What Is Insurance and Its Types
Fintech and Investment
Acrisure, a fast-growing fintech and global top-10 insurance broker, has raised $725 million in a Series B-2 Preferred Equity round led by the Abu Dhabi Investment Authority.
This funding round was led by a wholly owned subsidiary of ADIA, with Guggenheim Investments and Oak Hill Advisors also participating.
Acrisure was founded in 2005 and has experienced rapid growth, boosting its revenue from $38 million to $3.5 billion in just eight years.
The company's valuation has rocketed to $23 billion, a 31% increase compared to its previous raise in March 2021.
Acrisure's use of AI and data analytics has been a key factor in its success, allowing it to diversify into real estate services and asset management.
The company's growth has been so rapid that it has become the fastest-growing insurance brokerage in the world.
Acrisure's latest funding has helped reduce its net debt leverage by 0.6X, a significant improvement.
The Abu Dhabi Investment Authority sees Acrisure as a promising investment opportunity, with Hamad Shahwan Aldhaheri stating that the company's growth has made it one of the world's leading insurance brokers.
Δελτίο Τύπου: 3 Καινοτόμες Υπηρεσίες
The MEGA Brokers in Greece have just announced 3 new innovative services that will revolutionize the way insurance offices operate.
These services include MEGA Brokers Renewals, which aims to streamline the process of handling insurance renewals, saving brokers a significant amount of time each day.
The company has been recognized for its excellence, as Groupama Ασφαλιστική recently awarded MEGA Brokers the top spot in Portfolio for the year 2022, an achievement they've accomplished for 8 consecutive years.
The new services from MEGA Brokers are expected to bring about significant changes in the industry, and it will be exciting to see how they impact the market.
Δελτίο Τύπου: Ταξίδι στο Κάιρο για 10 Συνεργάτες της Eurolife FFH
The Eurolife FFH team took 10 of their top performers on an unforgettable trip to Cairo as a reward for achieving their sales goals and meeting quality standards in the 8th Sales Competition of the Life Insurance branch.
Cairo, being the heart of the Arab world, was an incredible destination for the team to experience.
The 10 team members were handpicked for their exceptional performance in the competition.
This trip was a well-deserved break for the team, allowing them to relax and recharge in a new and exciting environment.
Their trip to Cairo was a testament to the Eurolife FFH's commitment to recognizing and rewarding their top performers.
Δελτίο Τύπου: Εφημερίδα Η Βραδυνή της Κυριακής: Προσφορά στην Κοινωνία!

The MEGA BROKERS is committed to giving back to society, as stated by their Antipresident and General Director in an interview with the newspaper "Η Βραδυνή της Κυριακής". This commitment to social responsibility is a core part of their strategic planning.
As a modern and dynamically growing company, MEGA BROKERS has made corporate social responsibility an essential element of their business strategy, taking on responsible initiatives and actions.
MEGA BROKERS has been recognized for its efforts, winning 2 awards in the insurance industry, including one for the "Κλάδος Ζωής" (Life Insurance) and another for the "Κλάδος Αυτοκινήτου" (Car Insurance) from EUROLIFE FFH.
Their commitment to social responsibility is not limited to awards, as they have also organized a successful online conference and awards ceremony, the 1st Digital Conference Awards, which brought together participants, speakers, and sponsors for a high-quality experience.
MEGA BROKERS' goal is to provide value to society, and they have been successful in achieving this, as evident from their awards and initiatives.
Industry Insights and Analysis
Mega Brokers has been recognized as the top producer for Groupama Insurance in 2019, and has maintained this position despite a challenging business and economic environment.
This achievement is a testament to the company's strategic plan and the trust that Groupama Insurance has placed in Mega Brokers.
The company's success in insurance brokerage has earned it a spot among the largest brokerage offices in the Greek insurance market, and has built strong relationships of trust with insurance companies that recognize the value of Mega Brokers' protection.
Unforeseen Impacts and Opportunities
The industry has seen significant growth, with Mega Brokers experiencing a 5% increase in overall production in 2022, thanks to their structured cooperative strategy.
Mega Brokers' commitment to digital transformation, sales development, and supporting their network through educational programs and technological tools has been key to their success.
In 2019, Mega Brokers was the largest producer of sales for Groupama Insurance, earning them the top spot for the second consecutive year despite a challenging business and economic environment.
Their strategic plan has been a game-changer, allowing them to maintain their position and earn recognition from Groupama Insurance.
The company's dedication to building strong relationships with insurance companies has paid off, with Mega Brokers becoming a trusted partner in the industry.
Mega Brokers' focus on innovation, continuous improvement, and the essence of insurance has led to their success in the field.
In 2020, Mega Brokers saw a 12.6% average increase in production in the Life and Health sector, demonstrating the effectiveness of their targeted strategy and the dynamism of their network.
This achievement is all the more impressive considering the challenging circumstances of the COVID-19 pandemic.
Fortune Magazine: A Greek Market Case Study
The MEGA BROKERS has been a force to be reckoned with in the Greek insurance market, consistently making headlines for its impressive achievements.
In 2022, MEGA BROKERS was recognized as a leader in the annual event of the ETHNIKI ASFALEISTIKI, winning three significant awards in critical areas.

The company's exceptional performance in 2022 earned it multiple awards from the INTERASCO insurance company, including the prestigious "Top Overall Portfolio Partner" award.
MEGA BROKERS has also been a top performer in the INTERAMERICAN insurance market, securing the "1st place in Registered General Insurance 2019" award and impressing the industry with its outstanding results.
As a testament to its success, MEGA BROKERS was featured in the Fortune Greece magazine, a renowned publication that highlights the best companies across various industries.
MEGA BROKERS' General Director, Taso Hliakopoulos, shared his insights on the company's growth and strategies in a thought-provoking interview, providing valuable insights for industry professionals and enthusiasts alike.
Actuarial Risk Management Services
Actuarial Risk Management Services are a crucial aspect of the insurance industry, and Mega Insurance & Lux Actuaries have partnered to offer a comprehensive range of services.
Their strategic collaboration has led to an expansion of their services, benefiting both parties with increased workload. This partnership allows them to provide high-quality services to their clients.
The expertise of individuals like Yiannis Chatzitheodorou has played a significant role in highlighting the importance of insurance intermediaries. His public and professional activities have demonstrated the value of these professionals in the industry.
Greeks often question and challenge the status quo, which can be beneficial in re-evaluating priorities and hierarchies.
Awards and Recognition
The MEGA BROKERS has received numerous awards and recognitions for its outstanding performance in the insurance industry.
The company was ranked 1st in the Groupama Insurance for the year 2021, a testament to its exceptional service and dedication to its clients.
In 2021, MEGA BROKERS was awarded the 1st place in the Groupama Insurance's En Ishchy Portfolio, a prestigious honor that reflects the company's commitment to excellence.
MEGA BROKERS' Sales Awards were a huge success, held online for the first time in the insurance industry, and featured a high-quality conference experience for attendees, speakers, and sponsors.
The company's impressive performance in 2019 earned it the distinction of 1st place in Registered General Insurance 2019 by the InterAmerican Insurance.
MEGA BROKERS' leadership was honored with a special award for its outstanding achievements in the InterAmerican Insurance.
Sports and Sponsorships
The sports world has seen its fair share of massive sponsorship deals, with the article highlighting that mega insurance brokerage has partnered with a professional football team to provide insurance coverage for their players and staff.
One notable aspect of this partnership is that the insurance coverage includes protection against injuries and illnesses, which is a crucial aspect of sports sponsorship.
The partnership has been a huge success, with the insurance brokerage reporting a significant increase in sales and revenue due to the exposure and credibility gained from being associated with the football team.
This is a great example of how sports sponsorships can benefit businesses, particularly those in the insurance industry, by providing a platform to reach a wider audience and build brand awareness.
Mega insurance brokerage has also been involved in other sports sponsorships, including a deal with a popular cycling event, which has helped to promote the company's brand and products to a new demographic.
The cycling event sponsorship has been particularly effective in showcasing the company's expertise in providing insurance coverage for high-risk activities, such as competitive cycling.
Industry Events and Conferences
Industry events and conferences are crucial for mega insurance brokerages to stay ahead of the curve.
Many mega insurance brokerages attend the annual Insurance and Risk Management Conference, which features keynote speakers and panel discussions on emerging trends and best practices.
This conference is a great opportunity for brokerages to network with peers and learn from industry experts.
The conference also offers a range of educational sessions and workshops that cover topics such as risk management, regulatory compliance, and technology innovation.
Mega insurance brokerages like Acrisure and Hub International have been known to send large delegations to this conference to leverage its networking and educational benefits.
In addition to conferences, mega insurance brokerages also participate in trade shows and exhibitions to showcase their services and products.
Frequently Asked Questions
What is wholesale insurance brokerage?
A wholesale insurance broker is an intermediary between retail insurance agents and excess & surplus insurance carriers, facilitating transactions in the excess & surplus insurance market. They play a crucial role in connecting buyers and sellers in this specialized market.
What does an insurance brokerage do?
An insurance brokerage helps clients find the best insurance options for their needs by researching and guiding them through the process. They work on behalf of their clients to find suitable choices, earning a commission in the process.
Sources
- https://www.linkedin.com/posts/mega-insurance-brokerage_change-your-insurance-broker-work-with-the-activity-7275350731681841154-C4IN
- https://iireporter.com/unforeseen-impacts-and-opportunities-of-the-era-of-mega-brokerages/
- https://dailyalts.com/fast-growing-fintech-and-mega-insurance-broker-acrisure-raises-725-million/
- https://www.hartfordbusiness.com/article/mega-merger-sweeps-up-3-ct-insurance-brokerages
- https://megabrokers.gr/nea
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